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We shall see if topline data is positive that how share price behaves. For the legally shorted tiny 8 or 10 million shares, it will not do much to substantial rise of share price so if we see otherwise
Actually there are more naked shorts with nwbo because nwbo is trading in OTC thus it's wild wild land there is not sheriff, and its share price is so pennies that nobody is serious to borrow or lend shares to borrowers, or simply it's infeasible to illegally short the stock as other normal stocks. The ones that are naked shorting the stock are MMs, major brokerage houses, a few big sharks that have the backing of some major brokerage with a long profitable relationship that they have mutually developed over years.
The motives of all this is of course to make money. According to statistics models, more than 50% of times the do make money by shorting development stage biotech companies, particularly on the eve of a binary event. It's as simple as that, let alone with a company with too many controversies like nwbo with a CEO with bad reputation like Linda.
So they naked shorts, carry and shift the deficit along in a flowing book manner, aided by so-called reg exemptions if SEC or anyone dares or is interested in having a look at their books.
Linda understands this very well judged by her action regarding suspension of almost 300 millions of potential shares worthy of warrants and options until November.
So in case the trial data are positive. They will try myriad tricks to cover their faked naked short scheme, eg, from about $0.5 all the way to $5, or even $15 at the peak, and then as investors unload shares to lock profit, they can finally cover all their asses in a range of about $3 -$6.
After that the same actors would play the role of longs, pumpers, and the price will continually rise.
Net net they will still make money so it's a perennial winning strategy if anything or most of things goes by their play books.
This is obviously part of penny stock investing in North America. I have known this for a long time.
BTW I bought yesterday as promised, and intend to buy today as well. I expect stock price will start rise maybe later today or tomorrow as data lock announcement is imminent.
Thanks sukus, you are one of the great posters here. This is my last post today, and off to a walk along the river.
Get dry powder ready and will buy more in case the price heads south, and will buy even more, much more shares if topline data are positive.
As I am typing I see price heading south a bit so I may delay my walk before I add some more.
GL
Andy please keep up the great work to counter and crash those Fudsters. You are 100% accurate to the Fudsters, even though a few misfires at the friendlies.
Thanks, and yes I believe the wall of $0.42 will be readily broken in anticipation or when data lock is announced in a few trading days.
I added yesterday, and may add more today if the price goes south.
Besides the usual wolfpack who work hard tonight to demoralize the spirit of investors by injecting FUD, it seems some sour grapes also pop up -- crying for cheaper shares. In fact, anyone wants them, but the time is the past!
Nothing will change that the company will lock data by the Mid of June and announce topline data by the mid of July.
After that, a paradigm shift cancer treatment platform will see its first fruit of outstanding pivotal Phase III DCVax-L trial results for treating GBM, one of the toughest to treat cancers by the mid of July.
Then, there will be broad lights for treating other solid cancers as the approval of concept for DCVax platform is in the card with outstanding DCVax-L results.
Men, bet on it. It's coming. Today's $0.37 will be multiple dollars in short term, and teens, twenties in mid term!
BTW, Andy we need you.
Thank you Andy2018 for your tireless and timely rebuttals to those one or two line proliferate posters who have cluttered the board for so long with never ending negativity, and to those who seem to have nothing else to do but post lengthy boring off-topic stuff such as anything covid, etc., IN THEIR OWN WAYS, the ways the can understand.
You are the man. You have beaten them all!
People should always remember:
According to the company, by the mid of June data lock will be effected, and by the mid of July topline data will be announced.
The market cap now is only about $260 millions with share price at about $0.37, what will/should the cap be after topline data for an effective treatment for one of the deadest cancers with no side effects?
In the meantime, we should ignore all others which are just noise.
Thank you again for constantly watching them and beating them in their own ways.
I am buying today as not many leaves have been able to be shaken by the wolfpack and within a week time we will be able to see 10Q and most importantly data lock, not soft one but a hard data lock.
I don't think Linda Powers brain is so little that she might miss twice the target for data lock.
Then, in about one month, we will have topline data.
Compared to the major events like data lock and topline, all others are just noise at this time!
[Sorry I am competing with shares with both long and short]
Delayed 10Q due to a German tax issue, Is it a cover for something substantial, not a few million research fund or operating loss incurred, but something like a deal in the making with German Merck-Merck KGaA.
Perhaps a licensing deal with Merck KGaA for Germany and/or whole Eu, excluding UK.
Perhaps a partnership deal with KGaA ...
All subjected to a peek at the results in about one month of time.
Judged by the unprecedentedly long delay, perhaps the underlined German tax issue is just an argot for a collaboration deal in the making?
[Note: Merck KGaA's glioblastoma candidate cilengitide failed in Ph III study treating GBM in early 2013]
Granted, the primary endpoint PFS may well meet its target ss after adjudication, the focus still should be focused on overall survivals, particularly of the fact that now we have had actual hard long-term data, not those in other trial: projected or curve-derived data for long-term.
After all, PFS is just a surrogate for os.
[It seems I can have more than one post a day! Thanks]
To be noted that
1) the alphapuppy's modeling may look as good and persuasive as a lot investors would think with regard to PFS, common sense indicates, if that were true, the trial should have been stopped for efficacy a long time ago. Instead, there is a strong evidence that pseudoprogression did wreak havoc on the trial.
On the eve of long-awaited Topline data announcement, it's better not to be carried away by any unrealistic thought, even it may turn out to be true in the end. Instead, we should be focused on what is the reality and the most important thing in regard to the trial outcome: overall survivals, such as median, and more so of milestone/landmark survivals at the marks of two, three, four and five years.
2) Please refrain selves from posting anything not related to nwbo, like politics and Covid; and
3) Happy investing.
See the picture below regarding trades happened at 14:35pm for about 250,000 shares, in which 200,000 shares traded at $0.3495 per share, but it showed the price of the trade, the last transaction I assumed, was at the price of $0.3404 per share for about 2k shares. It is interesting and seemed that somebody was accumulating shares but didn't want people to know.
THE RECENT SHARE PRICE RUNNING UP IS DIFFERENT, REAL AND DESTINED!
Regardless how many posts have appeared in this board and others in any shapes and angles with any sentiments expressed, either confusion, angers or apologetics. This trend will continue, after maybe a hiccup if any on Monday, to knock loose a few shares because this stock will be in the dollars land very soon!
Who is Linda Powers? I think we should all known damn well she is a control manic who would not do any serious business with anyone with a big gun after Neil Woodford fiasco, like a well funded institution or hedge fund or the like in this treacherous development stage. So she has chosen retail investors, a 15,000 mass strong as her backing with constant carrot dangling ahead, and a few dozens of accredited investors or controllable small hedges like Bigger Capital, those who are eagerly willing to participate in funding the company as her rotary "ATM" whenever she needs a small raise to pay the never ending bills. That's the mess she has chosen and made in the past. Hopefully, last Friday's financing is the last one of this kind: eager small accredited investors, lengthy individually separate negotiation process, coercion and enticement. All have ended up with instant resentment, confusion, anger and apologetics expressed in message boards, telephone calls to company officials, and even formal complaints lodged to SEC, and you name it.
Take it or not, nothing will change that. After all, this is a company run by LP and LG who we know damn well. It is the way it has been for years. At least, you must have made your decision based on that.
NOW THE COLD TRUTH IS THAT THE COMPANY WILL DATA LOCK IN MAY, AND ANNOUNCE TOPLINE DATA BY THE END OF JUNE OR EARLY JULY. If there is significant change on the above, the company will notify the general public, according to the company.
IT IS MY STRONG BELIEF THIS TIME IT WILL BE TOTALLY DIFFERENT. NOT ONLY NOW DO WE HAVE PLENTY OF STEAM BUT ALSO A STRONG TAIL WIND -- WE MAY SOON BECOME INVESTORS OF A PARADIGM SHIFT CANCER TREATMENT PLATFORM FOR ALMOST ALL SOLID CANCERS. THAT'S THE MIGHTY POWER BEHIND!
THE TIMING IS NEAR, THE POTENTIAL IS HUGE!
Of course we may or may not see a hiccup on Monday's trading knocking free some loose shares so be prepared to make use of it if it does happen.
He meant he would bail out or indeed he has bailed out, including a few others like the lawyer, etc,. while others like me are averaging up.
Like people say it's no brainier from here, all the way up at least $1 until Topline.
After Topline data, it would be a wild west.
Only people who are active in social media about their stocks are traders, some diehard long investors, shorts, and those mentally ill, like a lot in this board who have had no positions but stick in the board like a glue.
We may break out today, or definitely after Q next week.
Before my morning stroll, here is my one post a day post:
Hi J, I think you have noticed 8-k filing today for about 1.6 million non-dilutive funding but chose not to give us a summary like you have done almost every and each time before, because this time the financing seems not up to your narrative to smear the company, which I understand.
Yes, of course there are about $150,000 OID, but the beauty is that the company is not required to repay for the next 7 months in which time we should be able to see Topline data.
Also have you noticed that the share price started taking off beginning around 20 May, the exact time of this financing date.
Coupled with about 233 millions of warrants and options, which were either expired or suspended until Nov 2020, we are in shortage of shares, resulted in the share price which has increased from around $0.17 to today's $0.345.
Make no mistake, we will continue marching higher shortly if not tomorrow.
BTW, Someone complains he/she didn't get an equally good deal as Linda and others have, but failed to understand the essence underpinned the deal, which is a significant part of reasons why share price has double since the deal is announced. As a matter of fact, those got the deal by paying little actually have a better deal than that Linda got, because now their warrants are in the money and can be exercised while Linda's much larger sums are locked until NOv. In the trading of development stage biotech companies, nobody can guarantee what is going to happen after Nov. So obviously, Linda has taken more risks.
Complains never end. First the bears, the wolfpack, then some people who think they don't have a better deals, then those who day trade, and then those who just want to buy in cheap to start a position. You get myriads of reason to complain but none will work this time around, because we have seen the light, and it's bright and beautiful.
Bright Boy you are absolutely right. MMs have failed to locate enough shares to satisfy strong demand after the last two big gap up breakaway trading days so that they had to short the stock on borrowed shares (but most likely naked short, and this time doing so is not for profit, but efforts tried to balance and locate enough shares for the strong demand).
In doing so (artificially halted the rally temporarily), they hoped more investors would sell and they would be able to collect some loosen shares, but it seems from today's trading, it is a difficult endeavour.
Now the only hope for MMs to locate cheap shares is for Linda Powers to do some stupid things; on the other hand if she can follow through regarding anticipated data lock, etc. The share price has no way to go but gap up again, again and again until up to a point where many investors are happy to unload some of their shares.
So right now, the tricks are there are forces (MMs) trying hard to pry loose shares from shareholders like retail/Bigger, etc, while there are also forces trying to get in opening up new positions, or accumulate shares. All wait for next big moves.
Linda can make things happen quickly in either direction. We shall see soon enough.
CVM is not a buy at this valuation and its MOA is not really impressive which may explain why it has failed in multiple times over more than a decade in treating other indications.
The only thing the stock has is its proactive management, and its hard-to-explained long OS with some known factors this time around.
On the other hand, nwbo is a strong buy for reasons many in this board have known, including its clear MOA and low current valuation.
Due to the suspension and expiration of massive warrants and options, nwbo now only has about 850 million fully diluted shares.
Today cvm has a valuation of 550 million while nwbo only has 226 million.
Thank you and your guys onboard nwbo train though.
[this is my only post today]
Dreaming. With the same dreaming, many have missed $0.16, $0.17, and then $0.18, and then $0.19 ...while I have been buying.
Thing has changed. A potential financing is now a nothing burger in the face of huge potential realization within a short span of time.
It's called dynamic change or change of trend. Always be aware:
Today, before market open: nwbo stock market cap: $150 million, stock price: $0.24, with both numbers trending up for many days now, even with the numbers doubled or tripled it's still unbelievably cheap.
Because, the binary event is coming by the end of June or early July following data lock by the end of this month.
Borrowed a line from somebody else, it's still not too late to get in for a huge profit, or it's never too late to get in a paradigm shift stock.
It's your money, but I just hate to see long-term investors in a sour mood when we are so close to the final realization.
What this board needs, as if I care, is a God sent psychologist to help those ever wandering to understand
Why some people say Yester's 8k is a non event? Like someone pretends to hold a long position?
And there will be no short squeeze in case with positive topline? Like a exwannabe?
And that if today's share price is not significantly higher, then the notion of short squeeze above is a bust? like a constant fliper flopper?
And a reduction of huge share counts will be no good because nobody cares, because Linda is a bad CEO? Like someone drinking Scotch?
Those people post day in and out and claims they don't have even a single share!
Lastly, if you are one of those who naked shorted with now useless warrants as hedge, what are you going to do today?
Panic to show weakness, so that everybody even a dumb cow will understand?
No, they will pretend, but the time is numbered!
It's laughable our wannebe friend thinks he can hold and carry a several dozen of millions in deficit account for six months, waiting for his future warrants to balance his ugly account. See how smart are those wolfpack hackers!
Believe or not, a huge short squeeze is coming!
Bought additional 50K today with my last buy today at $0.2002 for 10,600 shares just a few minutes ago. No done yet. If ever the share price drop for whatever reason, like pathetic financing on the eve of binary event, will buy much more.
Remember the market cap today: $151,623,746, and share price: around $0.21
Data lock: within a few days, and topline data: By then end of June or early July.
There are longs? yes, but how many? 15,000 based on 14 May registration.
In this board, a few at best. Thank God.
Does Moderna anticipate a binary event within one and one half of months, like NWBO does.
DCVax-L pivotal phase 3 trial for GBM patients will be data locked any day now and topline data will be announced by the end of June or early July.
If successful as expected, it will address a huge market demand for treating GBM patients, and it will solve the perplex question whether the underlying mechanism of action (MOA) is in effect working, proving the concept of DCVax platform for all solid cancers.
Then, what should be the price for that? Can we reach Moderna's market cap of whopping $26 billion?
What are we now in terms of nwbo stock:
Share price: a huge $0.22 per share, and market cap: a gigantic sum of about $141 million. If we were at Moderna's market cap today, nwbo stock should be trading at least more than $30 per share.
Enough said.
Stop posting anything or something about Covid-19 in this board. There are other dedicated board!
Back to nwbo, I saw many posters (or investors?) got caught up with surprise that the share price continued go higher as they anticipated a "devastated" financing, and an equally "devastated" quarterly report.
Well, as Northwest Bio is pause to usher in a new world in treating cancer, some people just don't change.
Even a dumb caw must have finally "understood" the pattern about when and how a financing deal is made, and how share price would react with that.
That's how a lot of those "smart" investors get caught up with.
The grand picture: don't pretend you are smart. We all are not, but as least we can assess risks and potential value:
Try to reconcile between a revolutionary vaccine and the underlying stock with market cap of merely $120 million, at a time the trial data is about to lucked, and topline data will be released soon after.
We all need a change of thinking or some will become added grudging pigs.
I like one or two liner too sometimes. Here you go:
If GTSM remains as leading MM for nwbo for a while, like today so far, it means a whale or two are probably behind it.
NWBO may be listed in NYSE in the near future.
[speculation of course unlike the usual one or two liner without discalimer]
Reading this board is depressed if one is serious about it. It constantly generates misinformation and illogical opinions which tends to tear down any word or statement from the company/company official. I am not talking about the wolfpack, which I despise enough to not response, but some seemingly genuine longs. In their minds anything is suspicious and the result of yet one more conspiracy.
These seemingly longs and the wolfpack forms a perfect pair we have to face in a foreseeable future.
For instance, it's nothing wrong by Les saying the top 100 patients in the trial out of a total of 331 patients lived about 5 years. He was not talking about median OS, or HR or K-M curve about the trial and patients. He was talking to a general audience in a term most would understand better, and in a limited window of a few minute time.
He said it perfectly in the radio. When the top 100 patients lived or are living in a range from 4 years up to 9 years, it's correct to say those 100 patients lived/are living about 5 year, kind of the point around which the vast majority of those 100 patients lived or are living. Is anything wrong with that? For those whose thinking is always in confusion and conspiracy, it definitely is unfortunately.
It is a promotion, yes, but a deception? no, absolutely not. If an individual in the audience invests in the company as a result of listening to Les's few-minute radio promotion without doing any further DD, he/she deserves what is to come, either rake huge profit (dumb luck) or endure more than 50% drop ("deceived by Les") depending on the outcome of the trial.
Rest your brains, LOL at increasingly useless Wolfpack posting in this board. A change is in the making which nobody can stop!
[happy about the restriction on my posting. That means no response from me]
Resourceful on-time registration/certification:
https://backend.otcmarkets.com/otcapi/company/financial-report/246600/content
Note convertible debts issued last month to Bigger Capital Fund, District 2 Fund, Les Goldman, and new source SDS Capital Partners II, LLC.
It contains other useful and upbeat information. Of course our resident book keeper Jerry would say otherwise.
Over the last several days, he even pretended he never ever heard of naked shorting, constantly citing legal short number each and every time when naked shorting/illegal shorting was mentioned.
And my posts talking about naked shorting were immediately mystically disappeared. Amazing! Too many working harder in this board while claiming no interest in this tiny company!
I share the same sentiment and anger you conveyed. If there is any truth in the setting though, the company must proceed as planned: Data Lock by end of May, Topline Data by early July, and the data must be reasonably positive or approval worthy.
Then, as share price rises significantly, a squeeze can still happen since those large numbers of warrants cannot be exercised before Nov, leaving previously hedged shares in effect naked, and no holders of these shares, now naked, would wait until Nov warrant exercise and share paying back, because nobody knows what would be happen in between in terms of share price, and the holders have books to balance.
Then, there will be lots of margin calls, and forced covering, propelling share price further higher.
Nonetheless, if those warrant holders, now realize their previously warrant hedged shares have become naked, start to cover in a significant way in the next several weeks before topline data announcement by early July, then it will be hard to see any squeeze after topline data announcement.
Either way share price will appreciate substantially, with the former much higher.
Even if there will be no significant squeeze, share price will definitely go up significantly with good data. So in this sense the interest of Linda and ours are still aligned.
BTW, it seems the company is still on track according to my inquiry to Dave and his answer, and also Umibe's conversation with Les.
Yes clearly JC is responsible for the Giant Work to accuse and/or report Assumed Crimes committed by CEO Linda Powers to SEC and anywhere receptive while our great LIM is super charged with the finest part of the work posting several 911 trades as the end of days at some convenient times.
Others write one or two line posts of the same old boring stuff day in and day out not stop.
What a grand scheme of the Wolf Pack naked shorting game in perfect display.
All seems against a company on the cusp of the approval of concept of its paradigm shift cancer treating vaccine platform DCVax for all solid cancers, with a market cap of merely 100 million + and a share price of less than 18 pennies.
Great risk or great opportunity or both will be revealed soon?
This is the reality. At anytime within the next two months there will be drastic change to that reality.
Today, 8 May 2020:
Market Cap: $121,880,358; Shares Out: 688,978,847; and Share Price: $0.1769
Tomorrow?
Yes only if Linda was not selling shares, and unfortunately she does, to dilute the tiny "cult" supported market which has been ignored so far by the general market due to misinformation, disinformation, and outright short attack.
Pity though understandable people have been afraid of committing on an easy action:
To cross several rivers/streams [small dilutions] to get gold nuggets -- at $0.175 per share the market cap is merely around $120 million, and at $0.35 per share the market cap is up only to about $240 million, while within one or two months, if the results are near what we have expected, the market cap will go up into billions, equally to a price per share in range from $1.5 to $10.
Wow because Linda is diluting in small scale setting obstacles like small rivers and stream that brave investors have to wade into in order to get gold nuggets, people are scared or think they are smart enough to wait it out hoping the price would be "as usually" low in this range.
Things will change quickly even with Linda's weekly suspected dilution selling shares into the open market.
It's no time to scramble and grumble for a company with a pivotal Phase 3 therapeutic cancer vaccine trial topline readout expected by early July, following data lock by the end of this month.
Market Cap Today: $119,429,224
Shares Out Today: 686,572,143
Share price $0.174
How much market cap do you think we should be trading?
No problem eagle8. Thanks. One thing most often forget is looking at the big picture:
As long as Linda's interest is aligned with ours, other things are just minor in significance. And obviously as of today hers is with no doubt aligned with ours. Seeing the shorts have been fierce and relentless in their pursuit to bankrupt this company. Anything Linda has done if deemed inappropriate, they will resort to any means possible to make maximal use of it. So as a long, I refuse to focus on things like this and instead pay attention to the big picture.
It seems there are many positive things to looking forward to in the near future.
Pay attention to one things: There have been hundreds of millions of shares now locked in for exercising/trading for the next six months until Nov, if other warrant holders whose warrants were supposed to expire 2 May as well agreed to the conditions applied to Linda Powers: 1) getting extension of the underlying warrants by agreeing on a six month lock in; and 2) agreeing to the same lock in of their other warrants as well.
Then hundreds of millions of potential shares, if related warrants are to be exercised when share price significantly appreciates anytime within the next six months, have been removed from the market.
1) It exerts pressure for share appreciation farther and higher; and
2) It exerts pressure for those warrant holders who used their warrants as hedge for selling borrowed shares (shorting) before 2 May, now suddenly becoming naked shorted shares holders to buy shares to cover.
If topline data are positive, the above will be a strong tailwind for share appreciation, and the share price will be much higher than would anticipated. Any lenders or shareholders who lend will not wait or cannot wait for the rest of the six months when share price rises substantially, or in other words, those warrants which cannot be exercised cannot be used as hedge. There will be huge margin calls, and these "unwilling" shorts will have no way but cover in the open market.
In addition, the above may be just a small part compared to the grand naked shorting scheme with unknown large numbers of shares naked or never unaccountable, sitting in the dark pool, brokers balance sheets, or MMs exception holes. And when tide waves are gone these will suddenly find themselves naked swimming on sand.
We only need a trigger, such as positive topline data readout.
Amazing two experienced men in the industry, one a former money manager and another currently working in the trade, see nwbo's share price in such utterly nonsense way!
Yes, Linda's continued share dilution is a cause, a significant cause for the share price trading in the low range (like $0.15 ~ 0.35), but why you guys intentionally leave a more significant factor out in discussion: [even a novice retail stock investor knows it is the most important factor in determining the share price or the value of a underlying company]:
MARKET CAP, MARKET CAP, AND MARKET CAP
NWBO's market cap is currently just above $100 million. If you have a shred of experience or no intention to belittle this company for whatever reason, you tell me in what market cap should nwbo trading now, as we are fast approaching the announcement of data lock (by end of May), and topline readout (by early July).
Tell me in what market cap should nwbo be trading for a potentially (based on two blinded interim data information) paradigm shift cancer treating company with potentially revolutionized therapeutic immunotherapy platform DCVax for all solid cancers.
Looking back and looking around to some similar small biotech companies with a binary event approaching, tell me in what market cap should nwbo be trading?
Pure misinformation and disinformation campaign, but why, for someone claims to have no interest in the company, and for some others who have said they are long and even currently working in the City.
BTW, Glad a large number of warrants expire today. [Regardless if they are covering today or not. The truth is they must cover if not forced when data readout is here. They can play time game, but the ultimate rude awakening is coming]
Suddenly much-talked about issue: yes or not of the existence and extend of naked short, with lots of misinformation and disinformation from almost all shorts in this board and some seemingly longs working in the business, LOL!
First, Les alleges there are hundreds of millions of naked shorts--you believe it or not;
There are official short numbers: fluctuated in the range of tens of millions to five-seven million. It's of course a peanut;
On the backdrop of the above we know there are uncertain number of warrants which will expire around 2 May, ie this Sunday.
Conveniently, all shorts' arguments of no or few naked shorts in recent days leave the fact below unmentioned:
They, the short have repeatedly said before each financing, the party involved had sold shares in advance knowing they would be given cheaper shares by Linda later in an anticipated deal -- this is a point all, both longs and shorts agree.
This has been going on for years, reflecting on the one hand Linda's desperation and on the other hand shorts' overconfidence that they can safely sell short, get cheaper shares plus warrants, repeating every some time awhile--this is true, we long and short all agree is what has been happening over the years.
Now you see what is in the balance? There will be unspecified large numbers of shares naked after a large number of warrants expire this Saturday, either it is in the range of 10s or 100s million.
The above is fact. Now some speculation regarding Les's number of naked shorts:
Ever heard dark pool? shorts text book? Brokerages and Market Makers exemptions/permanent and unchecked flowing carrying of balance for unaccounted shares? if not, better check these out.
So obviously there are potentially additional large numbers of shares which are either unaccountable or in the process of accounting at any given time, and whether these shares are in the hundreds of millions or tens of millions are uncertain.
I fully understand why of the sudden there have been joint strong arguments telling the board that there are no naked shorted shares and the only short is that small numbers reported.
Naked shorts are invisible enemy with visible posters.
Great post and true Beachhyena. You was replying to a poster who claimed he was a former money manager, who seems to be knowledgeable in reading the lines of financial filings like K and Q. Besides that he seems restrained most time.
The poster claimed to have had no interest in nwbo, either short or long, yet has spent significant time watching/contributing to this board, even in yahoo board, and IV; he was eager to monitor this board, and has successfully bumped out his dear friend "dimlight" who was also overly eager to serve as a moderator.
The poster has admitted he was an maniac of sort on reporting anything he deems detrimental to nwbo to authorities such as SEC; now he ventures into some science-related issues about nwbo citing some fragmented statement without any context. Yes all these show the guy has truly no interest in this tiny penny stock company?
Recently, it seems a great number of warrants may have been converted into the common as a great number of warrants will expire later this month and early May in a stealth operation; it seems to be a high time now for these warrant holders to continue such a stealth operation while the open market, the "pot" will not be stirred.
It remains to be seen if there is a force strong enough to force them to finally buy significant numbers of shares in the open market.
We lack no patience!
Jerry it's hard to talk to a non-scientific person like you as an accountant. Maybe you conveniently forgot the company wrote the new/improved SAP to accommodate initial deficiency and/or new information accumulated over the years of trials, internally and externally.
And why the trial has been extended for years, because according to new understanding of immunotherapy, there being delayed effect for therapeutic vaccine, and a long tail if the vaccine works.
So if the trial were concluded strictly according to the initial design and protocols, it might have well be failed, not because the vaccine was not working.
Please not conveniently make statement or report partial information without contexts.
After all, the trial has yet to be unblinded, who the hell knows if it works or not, and how well it works.
Again the fact as many posters have pointed out that that comment is obviously not put out by real Linda Liau. It's so obvious that an accountant like you who intends to pay attention to detail has missed that.
Next weeks should be interesting!
Great to read your posts Looking4aprofit as always.
But in this case, and a big BUT, as of now, most retail investors, let alone BPs, the Wall Street, etc., should have well realized in the Land of Linda Powers it is absolutely unlikely any future buyout deal will be cheap regardless what the share price will be at that time.
As a matter of fact, in Linda we trust that any nwbo deals if it is based on approvable data will not be cheaper than an average bio company can ever make. That has always be one reason I hate and like this company under Linda Powers.
Fundamentally, I am a buyer when share price is in such a low range (market cap around 100-200 millions on eve of data readout)
Technically, if I pay attention, I can buy shares one or two pennies cheaper. For me it's no big difference since I will hold vast majority of my shares long term.
And post the binary event, even if the trial data may not be that great, the shares would ultimately still worth 100-200 million in term of market cap after initial bloodbath selling off, pulling down share price drastically.
In the end, some BPs will be able to parse the platform and more than a decade of trial rich data reasonably well, and come to the conclusion to buy the company cheap (100-200 million at least).
So I am not worry about the long term in that unpleasant scenario, unless Linda Powers takes it private. In that case we will lose, but not without a fight (lawsuit if the price is unreasonably low for common share holders).
Linda, I have bought a large number of new shares since Monday, the first trading day after ASM, content with the timeline you provided and believing this time you will under promise and over deliver, for I cannot fathom any reason other than that.
My action is a well thought-out one for I am prepared to hold all shares, new and old up to at least TLD announcement, though I having setting aside a small portion of shares to trade if price appreciates relatively significantly, which I think it surely will as a large number of warrants will expire shortly, and the timeline get short with each passing day.
Now it's up to you to deliver with not only the timeline but also in the financing side if necessary. For example, obviously you may be approached by someone who may well be behind the actions taken by MM called CFGN who seems to have endless shares to sell and has always chased down the ask at any convenient time possible in recent days; please don't do any business with such manipulators if Black can find it out.
And it's better not do any more extensions of warrants for anyone, friends or foes, including yourself; and if you have to do a financing, please do it after the announcement of data lock, and better yet after topline data announcement.
Of course, if you can find other ways rather than diluting shares, please consider those as priority; apparently the best way is absolutely no financing before topline data!
It would make life easy for shareholders if you have some other positive news besides anticipated data lock, and topline data.
After years of suffering, we finally have an upper hand.
Bought 200k more shares today spreading from perhaps the lowest today $0.185 up to $0.1944, still on bid spreading from $0.165 all the way up to $0.1855. May move up bit depending on changing situation today.
I have got too many shares before today already so half of today's shares will be trading shares for just for fun, in addition to my weekly trading of SQQQ, SDOW, Hou/Hod, VIX el al.
Obviously today's trading is as usual controlled, and I believe the trading will be "liberated" a bit after confirming data lock, which I believe will happen by late May this time.
It's the first time after German HE fiasco that my trust is fully on Linda Powers, thanks to her definite deadline and plausible explanation on what has happened with regards to ASM announcement in Feb with the "interesting" word and the encouragement for all shareholders to attend in 2 months advance time.
By End of May: data lock
By End of May/early July: topline
Which I trust will happen. After all this, with market cap sitting around pity 120 million, it's no brainier to buy shares before it becomes too "expensive."
The most significance of this ASM is that Linda doesn't hide or shy away from the truth. So she is alive and well, so is the company.
End of May: data lock
End of June or early July: topline data.
I like it!
It's time to drop a good news now so that we can roast short wolves the rest of today and tomorrow. there will be no good friday for short wolves!
What are waiting for them are huge margin calls next week!
Feel good of buying last week.