Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ike: yep. And if there was some arcane reason that endpoints were not changed before 5/10 that should have been addressed BEFORE permission to use NWBO data was granted. The reports that management sought a trading freeze BEFORE 5/10, if true, show that management was clearly concerned that the presentation would be attacked.
Fe and VI I was told the same by an authorized executive on multiple occasions.
And you are very, very right about waiting for another day. Thanks.
thermo - Tx. To be clear - I have sold not a share and wish I had money to buy more - I was all in .26 thru $1.50 never anticipating a major backward move due to publication delay that is really far longer than reasonable tho I understand, outside of management control. That delay of course however occurred in the context of hot and longstanding criticism (primary by
malicious actors, but also sincere longs, and again to be clear, NEVER by me) of prior management actions. Maybe unfair, but management must play the hand dealt, as must we all. But once committed to that course of action, allowing the partial release of information on 5/10 while apparently under an article embargo predictably (foreseeably) resulted in what occurred then and since. IMO.
VI - I am not impatient. I never asked for 5/10 - my point is that the 5/10 abandonment of the original plan not to permit any disclosure until publication, occurred for no reason beneficial to the company or shareholders. IMO the trading on 5/10 and since bear out my position - I don’t think you probably disagree privately at least. What was accomplished? Also I do not and never in any way criticize the extraordinary work, sacrifice and investment by management and specifically LP in getting thru and brilliantly extending the P3. My strong criticism was limited to the events of 5/10 which will even in hindsight be seen as emotional and, simply, dumb.
bio- respectfully to say that no “release” has occurred ignores the reality of 5/10. No need for us to quarrel we are discussing our respective characterizations of company action. IMO the trading of that day and since proves my underlying point. Best wishes.
thermo thanks. I didn’t mean to take you on but more the point that (1) not all can afford to continue to invest new money - I invested my limit based on the original plan which was abandoned recklessly and (2) yes point out that additional dilution to raise operating funds is a not improbable result of 5/10. Best wishes and GLTA. Article coming “soon.” We hope.
VI. Basically, I agree that material financial distress is most improbable (at least let’s say, during Q2 but also not likely imminent short term thereafter, either). But (1) why is this even an issue being discussed? And, (2) I would have told you that trades at .34 in Q1 were no more probable. But that happened. I watched it on the minute-trade stream.
Thermo- so common shareholders are hostage to whatever passes as a “plan?” I also am biased but differently than you rightly acknowledge. PS: what about the original “plan?” Oh yeah management abandoned that because … uh … they were feeling like taking the train to NYC?
ae k - nice work thanks.
GermanCol thank you for the continuing sterling analyses.
GC: Excellent thanks for the reassuring analysis
Yes TDD welcome great to see you post
Thank you vator for explaining the obvious. And that, yes, tho I have not sold a share I would have after NYAS if we’d gone to $3.00 or something halfway reflective of the positive news.
bio thanks. Agree generally.
VI thanks for useful speculative guidance. Hope you’re right (I’m assuming that you believe possible positive news may portend…).
German: Thanks - again excellent work
Hope very much you are right!
DavidW it is as obvious as sad that you are correct. Honestly it is beyond my comprehension to see capable posters say otherwise out of apparent loyalty or determination. I guess.
Robot: problem is the “morons” are winning!
Dan88 this is excellent thanks for this effort and analysis. IMO tho demonstrates another reason the manner of NYAS announcement was - fill in here - I will say a very bad idea (it was not a “plan” - it was ad hoc abandonment of the plan). GLTA let’s get back on the horse!
vator, astoundingly.
Hi Doc my friend. It would be nice if we could pick the sandbox and who to play there with. We cannot.
CO: right on. Here’s the question have been holding back but i will ask anyway. Which imo im has completely been ignored or not identified: Does anyone think the AF/naysay group like ppl to suffer and die from a horrible disease? No answer is needed they are not monsters. No, unfortunately, they are willing to overlook those moral issues in order to make (A LOT OF) money. So why attack NWBO? IMO we presented and unfortunately STILL present a fat, dumb target. Posters here have pivoted (good, apt political word) from excitement over potential merger and high market cap to discussion of a “plan” to I guess roll out
some new data, BLA app info or other “promises” -all to occur at some unknown time I. The unknown future. HAVE WE LEARNED NOTHING? (This is rhetorical - the answer is “apparently not).
Until management understands that the fundamental question remains one of investability the stock will continue to get its ass kicked whenever the malfeasors need some cash. THIS IS HAPPENING BECAUSE NWBO IS AN EASIER MORE VULNERABLE TARGET THAN OTHER POTENTIAL TARGETS. IT IS NOT GONNA CHANGE UNTIL NWBO NO LONGER IS AN EASIER AND MORE VULNERABLE. This is not gonna change until the value proposition for attackers changes.
So let’s get specific: management goes to market to fundraise at 80 pennys per share give or take a few thousands is a cent. 12% discount Is 8.16xxxxx pennies carry to whatever infinitesimal decimal point your calculator can report. This is gonna get us to $35B to whatever-the/hell market cap? Not in this lifetime.
CO love ur attitude and posts not here tho. Contacting government officials as a stockholder is an investment plan?! Hmmmmm that is not a bit desperate.
Larry Page (Google - grew up in my town) just phoned me and asked me to call President Biden and have him tell everybody that Google is a responsible corporate citizen and it’s stock is undervalued. …
Thanks CO. Nice to see you over here. You are eminently correct. Thank you have a great weekend. Great perspective; large part of why I’m here.
Thermo hi and thanks. I wish I had better things to focus on. Hopefully that will change fairly promptly
Ike - 1000%. Wait there’s a “plan” now. Maybe there should have been a “plan” before. Sorry to be negative I do t see a speck of reality in the position that a “plan” is gonna help materially much less to fix what was screwed up already. Have a nice weekend GLTA as always I gotta get outta here
Regarding the Fireman/Ike analysis:
IMO if you’re going to bet your company on a plan that says: No info before article, then you’d better 1. Make damn sure the article is gonna happen on a manageable timeline and 2. Stick to the plan.
Missed on both counts.
Captain, with all respect, which you’ve earned and I acknowledge, management had one job to do, that was clear, and to point out they failed is not Monday morning quarterbacking.
ski I love your posts but I didn’t buy the stock so that someone gets a leg up on a science prize. NYAS was a freaking dumb disaster.
ski: so basically the company owns the data, they allowed a partial release in a poor setting with no financial visibility or impact at a time when they could not release other information, rebuttals, or explanations. Some plan…
Ike sadly you are 100% correct.
hiway and Ike I am with you I am firmly crossed over (sorry pun intended) to the “if you’re going to make it worse then get out of the way” view of management. hiway it is my clear understanding that you are right the company wanted Dr Liau to have her moment. That I am sorry is not the decision of management to make if it costs the company 70% or so of its market cap for a while at least. This isn’t a game show this is IRL. That everyone from the company went shows this was a personal recognition deal. There will not be any “warning back” of my support this was a permanent loss to the company and shareholders, handled with stunning incompetence
NRF: Planned by malicious actors for sure. Was it impossible to determine that this could happen? No, management pretty much expected that. What did we do to ameliorate the attack? Nothing of which I a aware - Cofer is gonna chase them around after-the-fact— great so what that threat didn’t seem to slow anyone (ok - maybe hypothetically it kept us a dime higher at the bottom!). What did we do to facilitate and accelerate the blood bath? Let me count the ways…
Who has our back on PR , Reddit, etc? No one I am aware of. Was that more important than, for example IR not just announcing that Dr Liau had Covid? You tell me.
mani: yeah, go figure.
highway: Don’t disagree with you at all. And yes the medical community is a target for our data. But a huge opportunity to direct the narrative was lost. I think there were like 156 virtual attendees (including me). So what? Every single one of those experts would have gotten the same information (hopefully including all endpoints - something shorts do not seem to be attacking) soon enough to make timely therapeutic recommendations to their patients and pass exciting treatment options to their colleagues (not to mention the painfully obvious - company has been sitting on this great news for months already).
Red they’ve obviously not had a firm publication date (assuming there is an article in the works which I believe is correct) for months. And, neither management nor the publication control that. My only thought honestly is if there is not an article before ASM … well I honestly don’t know what would happen. Nothing good.
Red_Hand. Respectfully, you think there is a known publication date - why?!
Dr Bala: I was not, respectfully, looking to have my extremely significant investment de-risked by something management could or should have been able to manage.