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It's the specter of low cash
So with the new information about ARGS today do you buy more ARGS, or do you buy more NWBO, or do nothing?
This is not a leading question just an honest question. I have some cash ready to apply toward something and I was looking at ARGS. I am basically maxed out on my risk exposure to NWBO.
Was wondering what people are thinking today about the landscape
For money, that's why they would sell options.
God Speed that PR please. To be clear I don't think the current log jam will end with FDA approval, but here's to hoping I'm wrong.
I think the FDA approval will come later, when, I don't know.
or CPXX today. I am glad I sold that last week. Biotech is so volatile.
I noticed ARGS has been on a tear, I also noticed Branko Krstevski's valuation model over the weekend, wow.
Would really appreciate NWBO Management completing the investigation and providing us shareholders with a PR of something of substance.
Who is holding the line at $1.68 today?
Good for you, you are entitled to your opinion.
I happen to think that otherwise
Absolutely, there are shorts who want to starve this company of cash to complete their trial. Make no mistake, that is not a conspiracy theory, it is fact.
I will say that historically NWBO has PR'd positive news bombs in the morning prior to the opening, to which the market would take off, show up on % increase boards and then generate tailwinds/momentum traders and buzz.
There was a time when we had back to back +30% increase days a long time ago. that was fun.
With the addition of Woodford, the raises were slow and steady for roughly 7 months.
The down side is swift unfortunately.
I don't have a good answer for you. That post was on topic
Yup, you could also tell a volatile market from a dull market.
I agree that making big waves on option expiration days can add fuel to the fire. I just don't think NWBO is implementing that currently, maybe I'm wrong.
I do think (hope) that when news does finally start flowing again that there is a waterfall of news upon news with validation and substance. That would do more to eviscerate the short position. Similar to CPXX, but in that case it was FDA approval of their phase 3. As much as that would mean to me, I don't think we are getting Phase 3 approval at the end of this quiet period.
Trading bean options in the pit with open outcry. It was nice because you could see who everyone was. People couldn't show up to the pit with 20 aliases. You knew people, firms, and transactions were face to face.
Then the computers came in and cut the spreads so people had to take on more and more risk for less return.
Open outcry is dead, I am glad that I was able to experience that, I am also glad that I was able to get out of it and get an honest job.
I'm not getting my hopes up, for any news tomorrow.
I used to trade soybean options on the floor at the CBOT back in '05-'07
Where did you trade commodities?
It's an interesting amount. Also note that the whole volume for the day was roughly 320,000
Ok pal good for you. For the record I don't believe a word you write positive or negative.
I'm in your sights today, interesting why you would discuss me, am I that important to you?
Funny, I must be in your head for you to mention me out of the blue
What is the post number where you recommended ARGS? I'm not saying you did not recommend ARGS, or if you did, I have no recollection of that. Your post number where you made that recommendation will do
You forgot to add NBS which is now bankrupt. He was pumping NBS a long time ago.
Linda Powers and Les Goldman,
How about press releasing something of substance about NWBO about any of the outstanding matters not relating the the phase three trial?
If that were to happen, I would sell what was left and move on. I would be able to move on because I have not put all my funds in one company, I would not recommend anyone put all their money in one company.
How about you? What would you do if that happened?
Also I would not blame anyone but myself.
Exactly, some people want DCVAX to be as effective as grapefruit juice so that they don't look like they made a very bad biased call.
Acknowledging that the company is currently in an investigation is not bashing.
Bashing would be stating that regardless of the outcome/decision of the investigation Linda should be charged with a felony and be put in jail.
But you already knew that didn't you
Not even close.....but keep trying
Please ask some more questions that you already know the answers to....or ask some more leading questions that you already know the details of....
Correct, closing is part of the negotiating process. But until it can be stated along the lines of "the partnership with X has been entered into on Y date and the terms are Z" and this information is made public, otherwise it is all speculation even if there is a partnership at all.
For the record I am of the opinion that they have been in talks, and that there may be a few house cleaning matters to address before any formal partnership agreement is signed off on. That is just my opinion. If I was in the place of BMY and MRK and possibly entering into a partnership agreement with a company that is currently undergoing an investigation, I would want finalization of the investigation before I signed off on a formal agreement, so as to avoid the risk of entering into a partnership agreement with nefarious characters (again I do not think Linda or management are nefarious or bilking shareholders, if I did I would not remain invested)
Hopefully
When negotiating a collaboration, the terms are up to those involved in the negotiation. So anything could be included. We don't have enough information to determine the good, the bad, and the ugly
Although it sounds promising to hear that there are negotiations or they finished negotiations, until there is a formal PR, we won't know, and the positivity must be must be muted until formal details are released.
Not all partnership agreements are positive. Although I would argue in our case darn near any partnership agreement with BMY and or MRK will be extremely positive for NWBO as it would provide third party validation (not success) from the big boys.
What is interesting is that the whole hypothesis/argument of the shorts is that we on this board are just a bunch of pumpers. Yet here is an example of a new person/ potential new investor and we effectively push them away......
To that I ask the shorts, if we are considered pumpers and we push away new investors, are we actually pumpers?
You are wrong about drawing a conclusion that management did not maximize shareholder value by going through financing under the assumption that they had a partnership agreement in hand and despite the partnership agreement in hand decided to go forward with the financing regardless, i.e. inept management.
You are not qualified (nor am I) to make that judgement of management because we don't have all the information. You don't know if there is or if there is not a partnership agreement. You do not know the terms of the agreement, if any.
Because you don't know that you cannot assume that they had a partnership agreement that would allow them better financing options in the future upon finalization of this hypothetical agreement.
Furthermore it does not matter if they had a possible arrangement worth XXX.XX when finalized, at some unknown date in the future, if they needed cash at the time they financed the two recent issues.
You cannot use the unfinished agreement to pay for things that need to be paid now.
That is why you cannot combine the two, they are completely separate issues.
Clearly you are missing the increased volume and buying in the last week.
Yes they are unrelated if you need cash now to pay bills. You do not know the details of a partnership if any. The cash raise and the partnership are unrelated
furthermore everyone has already thought that question and it has been asked numerous times of management. That along with a lot of information has been asked of management. Maybe NWBO supporters will get some information from Management this year....cough cough ......Management step up and complete something, anything.
China town,
those two matters are completely different. Having a partnership unsigned agreement in hand is not the same as having cash in the bank. There are costs that need to be paid to continue. Also who's to say what the terms are of the partnership.
So please, for the sake of accuracy, those two matters are completely different.
I would like to know who those "investors" were as well. According to one blogger, they were the shorts. But since that was not confirmed in public that information is worth zero to me.
The anti crowd will claim that there is nothing until there is something formally announced. They are in part valid as much as it pains me to say that.
We will need NWBO, BMY, MRK, not Dr. Prins nor AF, to confirm this in writing. Until then there is nothing but speculation.
We need something concrete from NWBO. If there is a partnership to be announced I am under the impression that the other partner will need to release/confirm the information in public.
NWBO management, if you are reading this.....again, please hasten any PR of substance about anything related to NWBO.
Since the Press release on December 8th indicating that an investigation would start soon, it has been 125 days
The only other "information" we have is from Highwayman's phone call with Les, where Les supposedly said the investigation started on 1/1/16, which would be 101 days.
It is possible that some event occurred after NWBO filed the financial statements.
It is possible the a German fund reimbursed NWBO for procedures received but it would not be considered income in 2015 retroactively, as NWBO has stated numerous times in their filings that their policy is to recognize revenue when received. So they may have received revenue but it would not be considered income for 2015 if they received it in 2016.
The situation with your hypothetical situation with NW, would not be considered income. Also if he had not closed one of his previously released purchases than that would have been disclosed.
I'm not saying that it's not possible that NWBO has $50mil on hand currently, I'm just saying that with the information currently released to the public indicates that the math does not work.
I actually agree with Lattices in part, that the $50 million cash on hand seems to not add up at least by the information in public (meaning capital raises). That is part of my qualm with the supposed data, also instead of calling Les myself, I would have no way to verify the information. And even calling Les to confirm that, is not technically confirmation either but hearsay.
Substantiation would be (a) publicly filed document with the SEC or (b) physically confirming the balance in a bank account with a bank, then confirming that NWBO has the rights to the bank account.
That's why I, along with many in the investment community prefer to only use data from SEC filed documents or Press Releases.
What does "Mark you 12" mean?
Hi Pistol Pete,
What I have found interesting is that on the three to four other days in the past year (per the graph you posted) where the volume is 1-3 million, every other time there were price swings of very large magnitude +20%. On Thursday we had 2 million share volume, more that 4 times the average volume, and we go up 10% or roughly $0.20. I find that baffling, comparatively speaking.
Highwayman,
Thank you for the message. I must say that I do agree with some of the naysayers regarding this matter of discussing information via phone call vs a formal PR.
I think it would be better for NWBO to PR the information rather than discuss with various shareholders over the phone.
NWBO management if you are following this board, please do what you can to hasten a formal PR of substance and news.