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Post by babaoriley on Jun 20, 2014 18:26:12 GMT -5
finance.yahoo.com/news/nw-bio-reaffirms-dcvax-direct-122500525.htmlAF came out and really smeared NWBO yesterday, causing the stock to plummet, the above article, was the company refutation, issued after close today. I supposed the company had to deal with MD Anderson before it could actually come out with this refutation. It's all very interesting. Below is the article The Street, aka AF, came out with yesterday: www.thestreet.com/story/12749366/1/prestigious-cancer-hospital-rebukes-northwest-bio-for-inappropriate-data-disclosures.html?puc=yahoo&cm_ven=YAHOOThis article plus the four, count 'em, four law firms that quickly released "we are investigating NWBO, etc" right after AF's article, sent the stock from the $9's to under $7 at one point yesterday, today, late yesterday and today it recovered a bit to the low $7's. It's just hard to believe, especially the stuff AF is able to do, there's got to be a suit over this, so it will be interesting if we ever hear what AF really heard from the Doc at MD Anderson on which he based the initial article. And, by the way, below is the article our buddy AF released this morning, well before NWBO had a chance to rebuke the first article. I figured NWBO could not respond really quickly, as I'm sure lawyers and principals from both MD Anderson and NWBO had to hash this out for some time today. www.thestreet.com/story/12751493/1/northwest-bio-fails-to-refute-md-anderson-rebuke.html?puc=yahoo&cm_ven=YAHOOAgain, this is the arena in which we play, as they used to say thousands of years ago, "Gird your loins!"
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Post by thekindaguyiyam on Jun 21, 2014 14:58:46 GMT -5
my take is different than your baba. my take is this; the shorts want to move the stock down and they require a reason. they hire a hack to write utter BS and the other media sources such as seeking alpha, motley fool etc report that Adam wrote something that was considered reason to sell? The guy is consistently wrong. He's just the smokescreen for what's happening behind the curtain. This is the way it goes when you treat something as a commodity instead of an investment. those like you who have researched to the nth degree can see through the bogus articles from those with merit. Adam is no George Rho he is only a side show "to give reasons for" an existing raid. imho
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Post by coco on Jun 21, 2014 16:26:22 GMT -5
I totally agree with you on this. I came across mnkd while involved in another stock. I researched it for several months before I invested 1 dollar. So you are right. If you have done the researched that it takes, you should not be worried when these utterly ridiculous articles come out. These articles don't make me want to sell but they sure frustrate the hell out of me. The stupidity that is articulated is uncanning. Have a great weekend. Coco
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