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Preface: I have been in the construction industry since 1981
When I learned that NWBO bought the land and building[s) I was curious how long it would take them to perform a build out and rehab.
Knowing that the property came with certain problems like all properties do but in this case it was more intense in this partic
Upon learning first hand from one of our members here they are moving at lightning speed was quite impressive for a non-contractor/developer company.
But now I know why they were moving so fast because they needed to ramp up their manufacturing capabilities along with having a big enough space for the expansion of it. The fact that hey are absolutely succeeding in this unfamiliar arena construction wise is also quite impressive.
It tells me something more about NWBO and it's mgmt. Many here been impressed with NWBO in the biotech field developing its impressive cancer vaccine and that is why they obviously invested in the company. But due to the lack of transparency and time delays many here have begin to question if mgmt is inept in the biotech field. We are learning now that they are quite proficient at it but have recently ran into problems because their vaccine works albeit maybe too well i the trials.
Well now we can all be impressed with their ability to find, acquire, and rehab a major property in record time. Which is no easy/simple matter in this day and age with all the environmental and public agency requirements. There is more red tape than ever before but it appears NWBO has transcended every hurdle from locating to designing to submitting to rehabbing to completing well almost their new huge factuality that will take them to the level they need to be in order to become a manufacturing hub in the UK.
Hugely impressive from my experience that tis for sure.
I can't agree with you more and thus the reason for LP & LG's deafining silence....it is the only logical explanation for based on their past performances they would be shouting just about anything close to positive from the rooftops IF THEY COULD!
Flip,
when you write about Cognate you write like they are a COMPLETELY SEPARATE company coming to NWBO' rescue forgetting that Cognate could have easily been part of NWBO since they have CEO in common along with the CEO owning a majority of shares. The CEO purposely divided the two to make it less likely for both to fail. Cognate doesn't at this time manufacture vaccines for anyone else as far as I know . It has one customer and it was set up exactly that way and for that purpose....they are one and the same where one was borne from he other. Why describe it the way you do as if NWBO is really contracting out to a separate entity in an arm's length manner where it obviously is not?
Yup,
to bring down my cost ave since I am in full i.e. so deep, why not?
I just don't fell great about the LL video other than feeling good for all the patients. But I do feel LL is explaining why the trial is taking so long and will take longer and she seems to be apologizing for that result by saying that everyone is living longer which is an accurate positive statements about all her patents, she is finding the positive in the delayed trial i.e. the negative.
Cherry,
I believe you are watching the video with an implied bias. When I watch LL in the video and listen to her words I get a completely different take than you, how could that be, since you are so sure about your interpretation.?
I get the sense that she is apologizing, that the trial is unfortunately endless, it is extended without an end in sight and for that she she apologizes because she can't differentiate between those that are given the placebo versus those patients given the vaccine.
She is pleased for her patients but she realizes it may confound the trial i.e. take much longer than anticipated.
Think about this if it were coming out as anticipated i.e. if she saw unfortunate deaths and patients living longer she could surmise something is working for those that live which is what she probably expected and she knows everyone else hoped to expect. after she is a Doctor and she wants to prevent death anyway she can so she is in a tough situation working in the trial and all. That is why she seems quite uncomfortable.
I bought a little more the other day, I am over 30k shares and realize that it will may well be a huge rightoff in the future. I should have sold at $10+ twice now LOL.
I can see the writing on the wall, all the pumping that was done by LP & LG all the way through the last 2 years when they need to raise money and nobody should deny that fact.
I love to be the fly on the wall when the negotiation for the manufacturing contracts were accomplished with LP & herself, what a joke, you call that arm's length, now that is laughable. It is obvious she thought of ways in which to protect herself if the pps went down that is apparent and seems predictive due to what she possibly knew ahead of time. Now why put all those protections into the contract and make it look so one sided if you were a true believer, saw great trial results and were willing to take on risk. She stacked everything for herself now is incredibly apparent. And to rely on self chosen voluntary & controlled accounting audits is also laughable along with the so-called checks and balances offered by self appointed friendly directors to look out for the shareholders as opposed to looking out for LP.
And how can you deny the unfulfilled promises and timelines missed. Note that no info has come out since she received monies form NW, she didn't have to pump anymore and the last raise had no pumping either just toxic financing. If the had good news they would release it and not be scared by the shorter. I mean can you have it both ways, either LP is a lion and will take on everyone and anything that stands in her way or she is a kitten and is afraid of every curve and turn, which is it, you can't have both.
Things appear terrible and if all we have is what LL says at a medical conference and hang on her every word and facial nuance that is scary. But didn't we do that when LP spoke. Many here wanted her to have a doctor speak instead of her, so poof a doctor speaks but not at a shareholder function where she could be questioned and give answers.
As you can see I am very discouraged and I am not even dredging up NW and that episode since I don't know what to believe with that one.
I guess the vaccine is working in some way, I sure hope so but if the trials get all screwed up which it might appear to and the company folds and all that is left standing is Cognate where will we be since I own no Cognate and that is a really worry.
I look at LP as being extremely controlling cutthroat but I don't know if that is a plus or minus, all I know is I dated an attorney and that did not end well and afterward I wish that I never got involved with her and that is sort of what I am feeling right about now.
As bs as the PhaseV magnacarta was it did lead to Malik's downfall which I believe is was goosed NW. But here is my new take on that scenario. What if Wolf new Malik well and if she kept the lawsuit between Macrocode and Cognate to herself like some believe then when she joined Ondra in summer of 2015 she may have bad mouthed Malik to NW. NW probably ignored her as being the new gal on the block. And when the PhaseV article came out it made Wolf more credible and that is why she was chosen to interrogate NW/LP. Only later did NW learn then about the close relationship between Wolf and Macrocode and Cognate and then it was too late for NW since everything backfired.
I mut be on a lot of members ignore list, so let me repeat my post which i believe is pretty darn bullish.
NW as of 1/29/16 still owns 28% of NWBO in his two funds. INTERESTING and BULLISH wouldn't you say.
So I received an answer to my question re the article on Yahoo in ISAS written by Aime Williams dated 1/29/2016 and hopefully they got their facts right but it states that NW still owns a 28% stake in NWBO. To me this is huge because some members here stated he could have sold shares since the LP-NW fisticuffs match that took place 4th quarter of last year. To me this speaks volumes i.e. action over words or in this case inaction i.e. he didn't sell a share.
So this means that he did attempt to strong arm LP but basically backed down, kept his shares instead of dumping them as he is known to do on stocks he chooses to get out of quickly even though he is known to be a long. Just read the articles on stocks that he bailed out of in a matter of months case in point in 2014 after owning HSBC for only 2 months he sold his entire stake.
The way some members speak about NWBO one would be lucky to get out now before as they predict a terrible reverse split that they expect or an impending bankruptcy or our stock going to zero. You think if NW felt that way he would attempt to sell shares in the last 2 months what ever he could of course without hurting the pps too badly and thus hurting himself. But he sold NONE, let me repeat ZERO, ZILTCH, NADA. What does that tell yah shorts. He has also written nothing negative in his blogs nor uttered a word against LP since the or his embarrassing fiasco. So he is sitting tight waiting like the rest of us, I wonder why being an activist and all.
Lets go over which way to rehab an existing older building that will be the most cost effective and get the biggest bang for the dollar as well as other reasons.
If the existing structure is sound and additional square footage is required adding another structure to the rear or side that is attached can be very cost effective since you wouldn't have to alter the existing building. Pouring a new footing and/or slab is cheap and building new is simple and without any unknowns. This method is by far the cheapest.
Today due to enviornmental issues inside the building and outside ceiling in labs need to be raised to ventilate the rooms and an efficient and inexpensive way is to raise the ceilings via removing old less structural roof and adding a new one that will allow all the new equipment that is now required to be placed on the new roof that is now structural compared to the polder one. This method of rehab is incredible efficient and cost effective.
Raising a roof of an existing older structure is also inexpensive since a roof could already be needing replacement and thus would have to be removed and replaced anyways. Adding a little height which sounds like that is what happened there when the member said several feet was added can accomplish exactly what is needed to retrofit the building without costing too much on the rehab. The footings can be investigated from prior plans or in the field and would probably handle the extra load without any additional reinforcing. But to add another floor is much more complex and typically requires bigger footings and more internal structural modifications to hold the additional heavier load from top to bottom which is quite i=extensive and expensive.
Changing the exterior to modernize it for beautification is also pretty inexpensive and can bring the building into compliance for weatherization and compliancy. If you have to replace all the windows and doors and add insulation then pulling off the exterior is the way to go and at the same time you can upgrade it for these purposes and enhance the building appearance in one fell swoop, pretty efficient and cost effective. Obviously rehabbing inside and out is far cheaper than building a brand new structure.
From what it sounds from our member is that the building's existing footprint internal square footage was fine for its new pruposes and the ceilings were just raised to accomplish the new standards that are required and the roof was rebuilt higher to accommodate the ceilings and the new ventilation equipment that would also be required. I am definitely with NWBO impressed in what I am hearing. It also sounds like it is moving along rather quickly.
As to the enviornmental remediation cleanup that is required on the property due to the enormous size of the property and the location of the pollution it appears that it can be an ongoing process that will not effect the rehab of the existing structure nor it use/occupancy i.e. it will have no effect on usage.
Is there any benefit not to stop it early if the DMC recommends it?
Why would a CEO not stop it early if she could just as we see with this other Company?
Why do I get the feeling that since AF has disappeared since he was called out for once again literally lying again about NWBO that he chose to move on and try to find another biotech to slay? His track record is getting dismal results especially when you look at CLDX?
And where is Pyrr especially since the PhaseV article, reminds me of Clark Kent and Superman, remember that oldT.V. show, when Superman was around Clark was't and when Clark was around Superman wasn't?
And what if Pyrr didn't actually write the article, he sure gave them enough material to help in writing it, does that count as a contributing writer in any way or do you actually have your fingers not he keyboard still to get the credit/recognition? It just feels like he is lying low these days hiding out until the heat decreases know what I mean?
And strange not a peep from PhaseV, you would think that they would drum up something more to disembowel NWBO or do they think that they have already and are vacationing somewhere in Berlin in a Hostel where young maidens are being quarter and sown literally? Wouldn't it be a novel idea if NW came back riding in on his white stallion and cut off their (Phasev) heads and freed the maidens.
And what of his highness King NW, recently knighted the greatest investor along with Berkshire by The Motley Fool where did he go in this latest episode of Downtown Abbey? Did he put his saber down or was he so rattled that he went on holiday? I seriously hope his servants invite Lp over to his castle for teas very soon and they make nice and figure out a way to join forces and slay the dragon BigPharma , now that would be bloody good.
Was the Pharma conference really yesterday as planned where LP was presenting and if it really happened did I miss what she had to say?
On 1/25/16 the Motley fool rote an article about the two best investors of all time, thanked Warren Buffett which I am sure is no surprise to you but the other gent was Neil Woodford, which was a surprise at least to me. But if Motley Fool thinks so highly of his majesty I have to believe his majesty also thinks that highly of his majesty i.e. NW has to believe that whatever the Motley Fool believes about NW's height in the industry so does NW himself. So it isn't hard to believe that NW believes he walks on water and anyone especially LP who was at this point relying on NW's cash infusions should be listening and following his every whim. I don't think NW counted on LP's counterattack nor her next couple of ballsy moves showing her displeasure with him and his demands.
What a shame NW pulled this crap we could have as adele said "had it all" so to say i.e. NW and his money which would have desired NWBO. Also I don't believe NW signed anything and/or was given any insider info as such because he wouldn't want to be prevented from trading since that is what he does. I believe he has a big enough ego to have thought he had either done enough DD thru his fiefdom and learned enough via Malik or thru his other connections in the Uk to believe in LP's special sauce. but the Malik mention in Phase definitely caught him off guard except here is what gets my goat, why would he be troubled by what Phasev accused Malik of, doesn't every broker and/or director do the same things directly or indirectly. What Malik was accused of is kids stuff compared to all that tis in print about Ondra and other brokerage houses, in fact the so-called Malik shares is chump change in comparison if it were so. I believe NW used the Phasvev article for his own personal purposes to affect lLP and make her change her ways and start playing to the market to bolster the share price ignored to look good to his shareholders after his huge buying spree. It was a total ego thing and nothing else, he thought he was crowned kind of the UK and could command his subjects to do as he wished or how he thought best period. And his power was trudging off the faucet if she disobeyed his request.
LL is not a NWBO spokesperson as related to the stock and what investors should or shouldn't rely on. If she knew ahead of time that investors would hang on and interpret every word and expression that she would utter she would refrain from public speaking all together. She needs to be free to speak as she desires when relating her experience with the trials and the results as she sees them but I believe it is dangerous to hang on each and every word unless it is aimed at investors. It is the audience that needs to be considered regarding what her message is and one needs take this into consideration. You don't want her to stop talking freely or be controlled to what she can say, so it is a fine line we walk when trying to interpret what she says, remember she isn't a real good public speaker, that isn't her job.
One has to take the above into account when interpreting her comments and better be sure they are interpreting her comments correctly and there might not be any way to figure out how it all related to what we want to know. Remember know one asked her any questions nor how she meant to say what she said since she isn't a public speaker and her exact message wan not canned. In fact things not only can be interpreted differently but it could even forbid a better result that how you are interpreting what you think she said.
Agree with your description of the events. But you left an important fact/timeline out to further prove you theory about NW being upset with LP.
Look at the timeline from when he gave his last funding at favorable terms to NWBO and when he went public airing his concerns/grievances and the fact that it was a very short amount of time for this complete shift from approval to disapproval. So if he did air them personally to LP he went pubic with his dissatisfaction way to quickly which can probably be blamed on his egoship i.e. lordship problem.
If you think for a second that this guy isn't used to be listened to and obeyed you got another thing coming. He made a fool out of LP first, what was LP to do , coattail it out of town and do his beckoning. She was the CEO and he was the investor and not the other way around. He gave her no choice. Now I wish she took another route, sure but he was justified, my problem is it turned into an upswo/manship battle which was no good for both in the end including us shareholders.
On Friday most here expected the tock to go up again today. Some here were also expecting a Co PR which did come to fruition albeit the subject matter was unexpected. But as we saw the price went unexpectedly down yet only silence as opposed to Friday when the discussion was fierce. So why the silence, does it concern you that the market wasn't viewing the PR in a positive manner, it bothered me.
I will unequivocally state most of NWBO's PRS are written poorly, vaguely and sparse on detail.
I typically have more questions after I read most of the minimal PR's that the Co. puts out.
I note that the fact that the price practically dropped as much as it went up on Friday could deb viewed concerning considering the supposed positive announcement yet NOBODY here is discussing this issue. I seems only when the stock goes up is it discussed in detail.
Some facts about NW:
He ran the Invest Perpetual Income and Invest Perpetual High Income Funds totaling $23B in assets.
As head of investments at Invest Perpetual he controlled those assets, spent 26 years there before leaving in 2014 to set up his own fund mgmt firm WIM.
He too at least $6B of client funds with him on 4/2014.
And Invest continues to bleed assets one year from the day NW announced his intentions to leave. Invest has had 11 straight months of fund outflows since NW announced his decision to quit on 10/15/2014. More than $5B alone has been wiped off the two funds he previously managed.
With regards to him taking short term positions or not. He was famed for shunning banks in the run up to the finical crisis. So he surprised many when 2.8% of his new Equity income find was put into HSBC when it lanced in June 2014. But just 2 months in, he has already dumped the share because of concerns about fines in the banking sector. He said that he was not suggesting that HSBC was a bad investment but in light of this growing risk he viewed the shares as broadly fair value. By contrast he said there are plenty of stocks significantly below fair value like AstraZeneca, BAE Systems to name a few of the positions that have been recently increased and he believes the long term interest of his invests will be better served with them.
The reason I mention all of this is two fold. This guy is ALL BUSINESS , he is no country bumpkin farmer, and I would not classify him as the sweetest guy out there, he is as cut-throat as any when it comes to making money and taking control over companies case in point when he was vocal over the merger between BAE and EADS. No one mentions NW's tenacity only LP's.
As to HSBC, just to be open Katherine Wolf of Ondra Partners was a broker there from 2005-2008.
In addition Eliiot Spitzer went after Invesco for fraud in a big trading Scandal when NW was there in 2003-2004. No one mentions this negative association only LP's.
All I am attempting to say is NW is no push over, most likely knows all the parties that we have discussed fairly well and I wonder what he doesn't know. He obviously has a long reach and many connections to all that we have discussed on this board.
He started there in 1988.
FDA approves Amgen's cancer drug Kyprolis in combo and as a single agent for patents with relapsed mutiple myeloma. The decision converts to full approval an IA given to the drug in 2012 as a single agent.I atrial resting K combined with the drug dexamethasone doubled the length of time before the disease progressed compared with a rival drug Velcade plus dexa.
I believe this board is followed very closely, the apps seemed to rise more than typical after the learned members here found that excellent news about the FDA in the 10K. Can someone here prove my point with the level 2 trading info?
I will disagree to some degree with you on this one.
In the past when LP has spoke or PRed she has been blasted each and every time in concert by all the shorter making evert PR and speech impotent. So why would it be any different this time, assuming as you stated she would have no definitive end of trial/completion results that can't be disputed to announce/report. If something hasn't been working why do it gain, it would be illogical to repeat th mistake again.
In addition there is a valid theory that silence is indeed a show of strength even though in this case it is apparently not an effective approach, however that could prove a wise choice if it is short term and a positive announcement is right round the corner where a huge spike will be expected.
While I wish and hoped you would be wrong in your analysis of the numbers it is obvious that most here are speechless since the Smith article. What fools we were not to sell when NW was buying at the $12 level. Now the risk is so huge and the reward so small it hardly makes it worth it even if there is a homer which we all pray for no matter for the health of ourselves and our loved ones. I don't think anyone can say that mgmt was looking out for us but was definitely looking out for themselves.
So Austin it appears you were one of the few here that not only was correct and had the right intentions and not intent on just shorting the stock but more intent on warning all. I wonder how the winners here are going to spin this. The silence here is deafening. Now this is the time I wish Flipper found something really really good to counter Smith's assessment, and btw this shows how honest and not obliged to LP in his fair reporting another thing PhaseV I believe got wrong.
I see Goodguybill as being 100% correct and I see Austinmediga as being 100% correct.
One being a cheerleader and the other a warner, nothing wrong with either until will learn the end of the story.
I wonder why Goodguybill won't look at Austin's worst case basis or questioning mgmt if you would scenario since it is only prudent. I also appreciate his repeating the warnings otherwise it will be ALL Goodguybill radio show.
I also wonder why Austin has the propensity to be such doomsday like poster , I could swear he was positive a couple of years ago but I could be wrong. Obviously both an't be right, but I want to hear both sides of the argument. The odd thing is Austin promotes discussion whereas Goodguy rather see Austin shut up and that is what irks me.
I also realize that Austin does look at both sides of the coin but fear Goodguy doesn't. I believe all need to question since this story is extremely complicated and contradictory at times. One cannot forget that Lp has pumped the stock by having PR's right before cash raisers and always painting a rose picture. Now granted one would assume a CEO needs to be positive an convincing but often the promises never come to fruition for one reason or another and we are then left in the dark. And most of the time the mystery is blamed on the story that she can't divulge or she will screw up exactly what she is promising to achieve so it becomes a never ending story and puts his in the uncomfortable position of being in the dark after a cash raise and trying to figure out on our own what is going on, quire frustrating is you ask me. And anyone who complains is classified as a naysayer, a shorter or someone who doesn't believe (i.e. or trust LP) in LP and/or the science which isn't fair. No one seems to be classified as a dreamer or someone that only believe is the 100% positive side which is crazy.
This forum is getting pretty scary imho. I am quickly losing faith in its members for when I post I am either blamed for not doing any/partial DD or I am a plant for the shorter conspiratorists. Next I will be called a member of the notorious PhaseV gang.
I happen to read and respect Flipper a great deal but my one concern with his writing is that I have near read anything remotely negative that he has produced. This fact seems impossible, and I take it to prove that he purposely never ays anything that will possibly hurt his investment or the stock. So from him it will either be positive or nothing. But that leads to an important issue, he has done the most DD, understands the science better than anyone else but will not be balanced openly. it seems that he promotes NWBO's policy of only announcing positive news and thus why some have said he might have ties to the company. I don't believe that he does but I must admit it si strange that he writes only in the positive. Maybe he can shed some light on this, he never has explained his position before. But without his writings I surely wouldn't be into this company and I don't know how many others might feel the same way or have done the same thing.
Lets be real regarding the PhaseV article, it was meant to bring down the company in some way, that is obvious. Someone paid someone to do this and that smells conspiracy and coupled with he fact that PhaseV originates in Albania and includes all the verbiage designed to shield itself from liable is telling, they want to have multiple layers to shield themselves form any possible liability i.e. you an't locate them to sue them and they admitted it is all opinion and done for finical gain.
In addition for someone or some people to write a book on the matter purposely papering the supposed subject of the article to death with as much as possible is a technique often used by attorneys in frivolous lawsuits. So the motives are pretty transparent. So why was NWBO targeted and now? You all can answer that question, timing is everything, is NWBO getting close to exploding or imploding is the question. This article effectuates both ends.
I personally believe since practically everything in the article is a regurgitation of everything written on the boards except for the Malik issue I believe. That issue hit NW close and hard imho since the relationship with Cenkos and possibly with NW himself. It appears that this single issue made NW blink possibly if that he what influenced NW into investing at some point in his DD. And then when Malik a highly respected Healthcare expert gets singled out after the hit piece well that gives PhaseV credibility where they might have not received any before. As if they became an instant Bernstein & Woodward.
We do know that NW didn't vote in the last election of Directors and I have to imagine if LP ousted Malik that would look real bad so her only choice was to keep him and hope that it looked best for NWBO. I am personally troubled by the Malik incident but have no info to know what is true and what is not. Did we not know about Malik and if not how did PhaseV know, could their be an inside mole? Maybe someone here can tell me how this Malik info was discovered.
But the fact that the article was written is telling, it ABSOLUTELY means that NWBO is on the radar, has become a problem for someone or something and needs to go, why then write such an article in the manner in which they did, possibly under the guise of shorting since they belabor that point when it was really done to bring the company down because they were getting too close to a cure or success.
This is extremely disconcerting since this is a often a tool for a company to pay someone who knows who for something that looks innocuous and at the same time get the expense, it could be to anyone for anything since it is listed under the term consulting. It could be paid to a director or anyone. So it could be another method of paying a related party compensation.
The fact that it happens repeatedly means that someone could be living off of it. To be balanced it could be for an accountant or an attorney but again that is what bothers me, it is an unknown repeated payment and it could be a way to take monies out regularly. Who received it and why. they report that the expenses was made to cover themselves but don't tell anymore.
I understand I just find it odd that every single shorter hit piece has been neatly taken care of previously point by point except for this one, the most poignant one. The one that continues to lo over NWBO's head, the one that scared NW, and the one that most drastically affected the apps of our stock. AF, Pyrr,
and every other never did this much damage and yet they were all neatly refuted except for this one. It isn't the number of pages although I get it that they just papered NWBO as attorneys often do and whatever ends up sticking is all that they are after but not having a written rebuttal is akin to silence = acceptance. Yes a couple of the points were made but not on one post that was saved. This is the most damaging, the most recent, the most influential article as of yet and with silence it stands like a scarlet letter for all to see and wonder/worry about. If I had the brains I would immediately squash it but I don't so it looks like no one here can and therefore it looks like there are no rebuttals. I am just pointing this out. I realize o one here gets paid, but a rebuttal would pay you all back in multiples with an increase in pps. I wonder now who paid PhaseV, after all 63 pages is a great deal of work whether it be full of lies or half truths, someone got paid and I would love to know who paid them, it had to cost a pretty penny, know any wealthy player in the market who could afford such an article and benefit from the markets reaction to such ash article?
I a puzzled by one event , after Phase V did their hit piece NOBODY refuted them. On this board EVERY TIME a hit piece came out it would be refuted line item by line item but this time that didn't happen. I believe that this board is widely read by all and the fact that knobby refuted it including NBO gave credence to the piece whereas before it would disappear in people's minds this time however it lived on and went on to negatively affect NW.
I wonder if most are shady in the market of investing, if one googles Cenkos three directors did nothing wrong re to Quindell you can read about highly unusual practices int he business of receiving shares of stock, borrowing etc.
I don't know what to think about Malik, in another CityWire article that we all have read it definitely implies that NW started his shareholder revolt when Navid Malik of Cenkos was accused of receiving shares of NW stock via the PhaseV article.
Can it be that the way of life at Cenkos and similar companies is the above practice is business as usual?
I need someone to explain how NW in his public handling of his obvious issue(s) with LP & NW did a smart/good thing for himself and for the shareholders that he so wants to protect? Mind most here thanked him initially for publicly asking for an investigation which truth be known shows he is choosing or believing PhaseV over LP. Most here keep saying all of PhaseV's 60 page so-called research article was old rehashed & twisted for their own benefit but chock full of stuff NW should have previously known about so why his obvious and quick knee-jerk reaction to it? It is almost like he made good use of it to accomplish something if you ask me.
I really can't figure him out, why you read his bio I gleam that he is a clear activist shareholder that used his power to influence companies but most here believe the opposite.
I can't understand how he would not be aware of Wolf's prior relationships and if confronted after the fact with them like LP did how he could side step from addressing it after all he was demanding an investigation of wrong doing when that clearly took place on his end with to without him knowing about it at the time. His actions or lack of seem very one-sided as if it is his way or the highway.
His positive attributes when it came to NWBO was his funding /investing in NWBO which obviously allowed them temporary and short-term cash and supported the apps but now that seems to pale when considering the whole picture i.e. he did much more long term and immediate damage to NWBO imho.
Something doesn't smell good hear when it comes to NW & Co. Trust I am not leaving out LP & Cognate & NWBO but we have been complaining and aware of that situation of years not being able to figure it all out but aware at the same time so we know that NW has been aware also yet in went in full with the Co. So why the sudden shift from his part as if he wasn't or that he stumbled on it now is my BIG question. It is almost like he is using it after the fact, after he got in to either help correct NWBO like he wrote about or hurt them which he isn't mentioning but obviously doing now.
So here is my new and twisted theory since Wolf was hired after NW was already beginning to invest and as she continued to work at Ondra could she have poisoned the well and finally convinced NW that LP was the evil doer due to her awareness of the lawsuit with Macrocode? Could she to score points with Macrocode and to gain respect as the new kid on the block at Ondra finally convince NW that he was investing in the wrong company and after finally getting NW's ear influence NW to turn on LP. Look at the timeline of when she was Hired by Ondra and when NW started investing in NW and when things went south. Wolf was hired shortly before April 2015. As she gets comfortable at Ondra she possible starts filling NW's ear with negative facts about LP & Cognate and gains credibility as the bashers of NWBO step up their activity coming to a head with Af & PhaseV. IMHO Wolf is the person of interest here who got NW's ear and twisted it.NW ended up listening to her re the so-called inside of LP's dealing with NWBO. I could see NW eventually requesting meetings with her due to her known credibility int eh Healthcare industry and her so-calle intimate knowledge of LP thru her Directorship with Macrocure. She became the expert and she filled his head with garbage until it overflowed and finally and permanently affected him. She gained on all sides from this turn of events and he was forever poisoned and that is why he came out publicly fighting, he was highly confident due to Wolf's inputIn NW's eyes Wolf has the credibility not LP after all Ondra who he respects hired Wolf a long time fore int he Healthcare industry IMHO.
Everyone already knows her powers pun intended. But that isn't what I am speaking about, an activist can do multiple things to affect a company especially when his ownership is fast approaching 1/3. You think he didn't buy as much as he could so he could sit there and just watch passively. He wanted to be the finance arm, he wanted to have influence, he wanted to be able to own a 1/3 of the company and to get it to the next level one way or the other. I don't believe he planned on what just occurred, his dumb associate screwed that up for him I believe. But he can cause some damage and wield some power if he wants you cannot deny that.
I hope everyone makes nice and comes to their senses and lives and let live and all that. Time to move forward and shorts and the AF's and PaseV and whoever else stands in their way with great news.
I s NW buying?
Well LP absolutely snubbed him by the last toxic financing, but he might have also not responded if she would have contacted him which I believe she would never do.
However if he believe in this stock before, and I read in one of his blogs that HE researched NWBO, so that means him or one of his chosen few or both but either way it means he did his DD.
Now after all that has shaken down from the tree including the latest Linda Liau video I have to believe he would cost average down but not too much as too make the stock rise as his obviously did before.
Again why wouldn't he, the science is there, the investigation that he wanted is going on. Remember the art of negotiation, you demand an investigation, using your picks..ie ask for everything and settle on an investigation with investigators that you can live with...he can absolutely I've with NW's picks. So yes I absolutely believe if he bought at high prices he would buy at rock bottom prices, he would be a fool not to. There is no way he learned that anything negative really happened differently from when he last invested.
Remember this guy is a logical guy, he might dislike LP but he loves LL and that with all he has in is plenty of motivation to dollar average down....how can he not....I mean $2/share compared to all his other prices, and it only helps his cause. He knows what he is doing....he might be quiet now but I am sure he has a reason......too quiet....imho he is buying.
Austin at times you are no different than the usual suspects and at other times you are a fair and balanced breath of fresh air here. In this case however I vehemently disagree with you and what you are writing is completely absurd. If you look at NW's history of being a activist investor ho has made his will known through ousting CEO's and taking over companies so don't thin that he isn't capable or wouldn't think of it.....something I am sure Lp takes pretty darn seriously.
And as for his $180M you have contradicted yourself multiple times in the past with re this topic of how much $180M means to him and his fund. In the past you have stated that $180 M is a tiny % of his fund, and means nothing to him and now it is a huge investment so why would he make if only to get his Trojan Horse in there. I don't now if he was involved or not, but Ondra hires a new kid not he block who specializes in the Healthcare Sector and at the same time is embroiled in a lawsuit with Cognate & LP as a Director of Macrocode and becomes one of the lead investigators questioning NWBO and making requests for supportive classified documents so either she went in as the new kid not the block to impress her bosses, sent in as the sacrificial lamb because she had to or went in under her own volition to gleam what she deemed important for personal secretive reasons. BUT MAKE NO MISTAKE INORDER TO BE A DIRECTOR OF THE COMPANY ONE WOULD HAVE TO KNOW BETTER ....NO IFS ANDS OR BUTS AND THIS IS CENTRAL AND KEY TO A CONSPIRACY THAT SHE STARTED!.
And you of all should understand this FACT! She made herself vulnerable and created suspicion and broke the law albeit if only in a minor way considering the players and why NW insisted on sending Ondra in it looks bad. Nad NW's silence in the matter looks even worse imho.
Speaking about good news, notice NO ONE of the usual suspects (AF & Co, PhaseV, and some former members and current members here etc) have knocked down Linda Liau and what she said in her video. To me that is telling, it is as if they are scared to mess with her. That should tell LP something for the future when it comes time to release news via company PR's.
Also note AF quickly came on hear boisterously chiming in about what he knows ab concerning neoantigens and was quickly schooled by Flipper. He never came back to defend his position. Interesting, silence is golden i.e. agreement with Flipper in my book. Looks like Flipper caught the liar with his pants down. It proves either AF doesn't know what he is talking about or is being told what to say when it comes to the intricate science of the details. AF hit NWBO and then ran away like a little boy, ,most likely to try to ask someone he knows if Flip is ring. But it is telling!
And 18 hours ago in an article written by Emily Davies for the Daily Mail she wrote about NW poised to raise millions more for his Patient Capital Trust and this is the best part of the article where she wrote that Head of Investment at Hargreaves Lansdowne Mark Dampier said "
Neil Woodford believes there remain plenty of unexploited opportunities in early growth businesses. Investing in these include early stage cos within areas such as life science, healthcare and energy, utility, tech, industrial and consumer sectors, ESPECIALLY IN COS WITH NEW DISRUPTIVE TECHNOLOGIES".
That last cause is just what we are and why we were on his target list.
I can see it going down like this which i believe is much more realistic point of view:
Either Wolf was asked about her being uncomfortable with her obvious Directorship with Manicure and the fact that it currently is in a Lawsuit with Cognate and the fact that she was chosen to investigate NWBO and possibly making up questions that went beyond NW's scope for her own dual self interest.
Either she and/or her partners came up with the cute and ever so tightrope walking answer that because the Lawsuit was technically with Cognate and not with NWBO she could remain. '
You see I have seen this kind of crap take place int he real world where as some others who I won't mention refuse to live in the real world but this is how the game is played. Their lawyers review such relationships when there is a potential conflict of interests and because it was manicure vs Cognate and not NWBO it is fine, they forget about the ties that Cognate and NWBO have, they forget about LP being owners of both and that the two companies are joined at the hip so if you hurt one you hurt the other. To these crafty lawyered up folk Wolf has nothing to do with NWBO, only Cognate.
But the truth and the essence of the situation speaks volumes, if a Director is on the Board of manicure and Manicure is being sued by Cognate for taking inside company secrets that is not only hurting Cognate but hurting NWBO equally because of the relationship Cognate has with NWBO that anyone in their right mind can see unless you are an attorney and want to skirt the technical law. Notice that once LP called them Ondra quickly backed down, they didn't fight LP. They tried and failed to become NW's Trojan horse or Wolf's Trojan horse since the jury is out on that one. But isn't this calling the kettle black since Ondra was there to investigate NWBO for NW and yet they are thrones who should be investigated for breaking the law technically but all they get is ia slap on the wrist and their obvious excuse is pps.......but LP wasn't stupid she called them out on it and yes it was intended to make them and NW look bad because well they didn't come to the yard to play fair. NW either knew or didn't know but since he is the one who opened his activist mouth (btw for our benefits too) and wanted honesty and transparency and yet his main partner Ondra who was delegated to investigate turned out to be have a wolf in sheep clothing on their team....there is no
excuse in this case, ignorance just doesn't cut it. If NW didn't know he should have due to what her bio on Manicure's website says and his relationship with Michael Baldock at Ondra who had to know about Wolf's past due to his probable hiring Wolf both being in the Healthcare industry..
Sometimes in business like real life there are no coincidences that some members here want to believe.
When you play hard ball, you play to win and sometimes winning becomes everything and things get out of hand. Wolf knew, Baldock knew and NW might have known, maybe we will find that out someday. There is no excuse for what Wolf and Baldock knew and did imho. And look how easy it would have been if someone at Ondra stepped up to the pate and said hey guys I realize that NWBO & Cognate are two different companies but we know the incredible close relationship that exists there besides LP runnning the two firms so if LP is involved intimately in both and NWBO & Cognate are practically twins lets not play games with semantics and keep wolf away from the sheep for at minimum looks sake. After we are being hired by Cognate at NW's bequest to investigate NWBO how would it look if we become the investigated?
Seriously RK are you that much of an optimist to think Wolf had no memory or awareness of her obvious conflict of interest. Come on man how can you give a Director of the Company a pass, what are you saying about her? She used to be associated with a scope manufacturer and is very cozy currently with the heath care industry. Are you aware of the problems with the health industry had with scopes, especially a certain Japanese company named Olympus that was caught selling faulty bacteria laden scopes causing the superbug to develop and kill numerous patients who were given the device at numerous hospitals...by i have gone of track....getting back to the issue at hand. Wolf is a freakin Director of a company that her partner invested full in. You think she might have tried to warn him not to, do you think that she was there to try to prove to NW that he might have made a mistake investing in it to make her look good and at the same time garner info that could help her with the pending lawsuit. All Wolf had to do was keep her mouth shut and lie low, take notes and move away........but she was caught with her hands in the cooky jar. She just started with Ondra and I am sure would like to move up the ladder there or gain recognition there....in looking at her resume she sure moves around a lot, has worked at every major broker house possible, wonder why we has such instability in her business life.
If you ask me, Wolf might have been the instigator who had NW's ear and whispered terrible thing about his choice of investments and was at the meeting with LP to convince NW that he made a mistake and make herself look good at the same time......oh and don't forget about the lawsuit between the company that she is the freakin director of and our own company which no one seems to be alarmed about.
Anyone shareholder who owns 25M shares of such a small cap company as ours in a known risky biotech world that has had so much negativity from shorter/bashers realizes full well that once you are in full like HE getting out quickly or having a short term time horizon is clearly impossible to pull off successfully. That investor if after he is full CANNOT get out without hurting himself or his own shareholders ............unless the stock exploded. So whether NWBO is just doing what it supposed to do
concerning his shares or that he wanted the future near or long to have the option to sell is all good. With he additional risk that his added by becoming an activist investor here he needs to have options at his disposal....and with NWBO right now he needs to have an opportunity to make his investment in NWBO look a lot better buy selling after a pop and not look even worse by making a paper loss into a reality. He cannot sell unless the apps pops or he will not only look like a fool, risk a lawsuit, hurt his stockholders or hurt NWBO a stock where he went in full for the longterm to OWN a major percentage and become its only and first Baker Bros.
RK you should be figuring why NW went in full rather than why you feel he may exit so soon and at such a price that would be so diametrically opposite of what his funds are known to do to his shareholders.
NW went in full to have an impact on the company, to take part in its incredible potential and to hopefully have a huge payday based on tis mgmt. There is no reason for him to get out now, it his little effect on his overall portfolio but a huge impact of the court of public opinion and his ego and potential negative consequences to him and NWBO.
NW definitely screwed up by bringing Ondra at this time in with the Wolf involved. He obviously didn't know this since anyone implementing an investigation would only be asking to be investigated himself with the Wolf involved. He isn't that stupid, but the Wolf obviously was. So he screwed up badly. LP could have handled better but she probably thought that NW wanted her out at the time when she found out and over reacted. I imagine NW can be pretty pushy at times. Both need to apologize and make nice being truly on the same team, whether that happens is unknown but both can easily find a way to forgive.
Foolish for NW to dump any shares NOW or even sell a piece NOW:
He would not want to buy High & sell Low for his shareholders especially considering that he had a hand it it going lower he may of not intended it to go that way, he probably assumed LP would capitulate which she initially did but then the unexpected happened and his own partner Odra had a Wolf in sheep's clothing and that did him in. Selling now would only make paper losses come to fruition......so RK I completely disagree with your thinking this time.
I believe he just wants the opportunity to sell a piece when the price rises to derisk his NWBO portion of his portfolio. Again timing is everything, he could have done this anytime back when the chit hit the fan
and the price was even higher. NO way he waits until the pps drops to historic lows based on his doing and sells, not his style nor is it fair to shareholders. He watched the video, he knows what he means. The investigation only further what the video represents and means we have even another catalyst capable of increasing the pps.
NW is very publicity conscious, he is also shareholder conscious, if he sells now he looks like a backwards activist...like he should have kept his bigmouth shut and he would have done a whole lot better as opposed to doing anything.
If the investigation is currently taking place why sell before he knows the results. If he sells now and the results are good his shareholders will accuse him of making a critically incorrect decision. After shouldn't he wait for an investigation that he started. And remember he stated it based on PhaseV, I believe he has had enough time to think about his actions and knows more since then to realize that he might have over-reacted or misplayed the hand, not saying that an investigation isn't needed, heck LP thinks it is need to clear her name too but selling for the results of his own call for an investigation is foolhardy and a reckless gamble. There is no sure thing in stocks , his shareholders understand that but nobody like someone that disturbed the apple cart when everything way fine before he came to play.
Here is my take on the NW acknowledgment.
NW is typically a long term player but because of the recent drsma he has to move in the short term too. He sees a controlling and possibly vindictive CEO manning NWBO's helm (and btw with what happened and knowing the size of NW's what must be high ego forgetting he is a good ole boy she really had few choices other than to show him UP it is caused survival) he realized that he can't just show his longterm card, it renders him impotent when he wears his activist investor hat. So he announces that he wants the ability to sell up to 60% when he wants to, it is a twofold chess move in this ongoing game/battle.saving face and a smart move to take advantage of a price spike. I mean if you know or are expecting a price increase of seeing LL's video wouldn't you want to sell half at a nice profit and hold the other half for longterm gains/growth which is exactly what we will all probably due under the current scenario besides it is a good sword rattler i.e. remember me LP I am still here wielding power in share holdings. It gives him options, the ability to sell in the near future and make a profit on 50% (ok up to 60% to be exact but whose counting) on the good results which were amplified by Linda Liau very recently.
Look at the timing, we discuss the video over the weekend and then this announcement today, that is no coincidence, trust time with that hypothesis.
I look at this as a huge positive. Now if this announcemement came on the day after LP's min-toxic $12.5M funding announcement but with one change....100% of his holdings then I would be bummed. But based not he timing ,that it isn't 100% and the timing of LL's recent video I am extremely pleased.
He could look like a freakin genius to his investors when the stock pops. Remember this stock has been so volatile which he obviously very aware of after his recent purchased and PhaseV's knockdown article he would want to buy low and sell high quickly on a portion. It would be a great positive PR op that would make his ego soar again.
By not announcing 100% is is telling ALL Stockholders that after watching LL's video I believe the stock will pop soon a great news and will get his investment back and more and keep the other half in the stock for up to 10 years as typical for his holdings. I ti spurned and I would be surprised if he wouldn't do this considering how prudent and conservative ehe is.
Remember everything that LP and NW does is put under the microscope and dissected and typically negatively interpreted from a fear perspective. I see nothing negative here and ONLY positive. NW is doing the right thing while taking a jab at LP in doing so, rook to king 2. As LP smiles and plans her next move;)
and the only way for Big Pharma to get in on the action is to go thru LP. But LP said that she doesn't want or need them......I guess Big Pharma read that so now we know why they instigated the shorting & bashing via their long tentacles namely Kramer AF etal and Phase V and SA etc etc because they figured if they can topple LP via decimating the pps to reduce market cap below $3M if you subscribe to AF & Co's theory (probably Kramer's since AF is a dummy)for the last 2 years or so which failed until now so she gets ousted via shareholder revolt (which failed btw) or is pushed to take toxic financing which failed with the advent of NW but that also reversed itself when NW switched sides probably due to his own personal plans or the Phase V effect...so he instigated the other shareholder revolt the NW end run aka the Trojan Horse which also failed so now their final effort taking NWBO to pennies but that will also fail because NWBO appears to have cash piled enough money to make it thru their last hurdle to approval.
If anyone can actually say this has not be a concerted effort to bring NWBO's science to its knees then they must be drinking grapefruit juice and vodka to oblivion because it is staring them in the face. Big Pharma knows.......conspiracy theories aren't just fodder for today's novelists, they are based on fact, most recently if anyone would have said that VW would try to develop a new computer program/virus to manipulate and elude the US and European gov't agencies own computer program on measuring air pollution levels to safe limits thus allowing VW'scars to be sold in those two huge markets via positive test results the whistle blowers would have been laughed out of the room and VW would have vehemently denied it. Is this any different, just another day in paradise I guess.