First post but long time observer here.
About my investment: I first found out about NWBO a year ago from the Fox News report which caused the stock to pop. I bought in after that drop for only $1,000 at sp of $4.92. Since then I have been able to sell half of my shares on the pops and buy back in after the drops. I currently hold 951 shares and plan on selling half again when it pops. Not much skin in the game but I have lost much skin from the game over the past 2 decades so I've learned my lesson about only investing what you can afford to lose.
Why I'm posting now: Over the past year I have told everyone I know with available extra cash to buy small positions in NWBO because of it's lottery ticket potential. Most of the investors I tried to convince did not invest until after the stock popped so most of them are underwater now but they still believe in the stock. By believing I mean they believe what I have told them from my due diligence in regards to NWBO.
What I have found through DD:
#1: The patients on DCVax and the results from DCVax are real.
#2: NWBO management have more skin in the game than anyone.
#3: Because of the unique history of NWBO the company, NWBO stock is easily abused by short-sellers, bloggers and nay-sayers.
#4: The NWBO management's #1 priority is to cover every perceived angle in respect to FDA approval so as not to cause a mistake that would delay the trials any longer than necessary.
#5: NWBO has learned from the competition's mistakes.
#6: NWBO is still relatively 'unknown' by most investors.
#7: Success is not guaranteed, even with FDA approval. A lack of funds could bankrupt a potentially revolutionary science.
#8: Deep pocket competitors could derail NWBO with first to market products (beta vs VHS).
#9: If NWBO management can achieve it's ultimate goals and be successful, revenue potential could eventually eclipse AAPL's revenue
#10: There are extremely smart investors on this message board that also believe in NWBO through their own DD and I thank them for their devoted time and efforts.
That's my $.02 on a very slow day.
Scott R. Stroup
