At some point….not today, but at some point if evidence becomes overwhelming, I will try to strike up a campaign of sorts for investors to tell their friends, family and others about this stock.
I am normally someone who never gives advice on stocks to friends and family, because I believe professional brokers are far better equipped to give sage diversified advice.
Here is why I may consider breaking my own rule/code in the future.
I think several large hedge funds control enough shares in aggregate to tamp down moderate positive price movement on NWBO. (I expected this for over a year) Over time, not yet, but over time this could provide a very destructive effect on NWBO expansion, PPS and dilution. This in turn would make NWBO ripe for a takeover.
Right now, each time good news comes out, the AF, Carrol and similar camps tamp retail and institutional purchasing down with hit pieces. This is compounded by hedge funds pulling out previously purchased shares to tamp down any price acceleration. Certainly none of us want any unnecessary financing price dilution, but over time we all agree that biotechs must frequently raise cash until they start producing enough revenue on their own.
The ideal situation is where the "rational speculative" price (yes I used rational and speculative together as a term of art) and market cap are so large that the financings have less impact on fully diluted outstanding share percentage. If this does not happen when the good news we are anticipating starts flooding in (because hedge funds keep dropping the price back down (perhaps as a surrogate for a large pharma hostile takeover [yes this actually happens folks]), everyone else is a loser.
Consequently, not today, but at some point it may be necessary to start an investor informational campaign to friends, family and Billionairs (hey why not?) to prevent NWBO destruction by Hedgies.
If that day comes, I hope you will consider joining forces.
Respect Risk. Conduct Your Own Due Diligence. Manage your assets wisely. Diversify.
