NorthWest Biotherapeutics Inc (NWBO)

[AngeloFoca]

Bought back my first 5K shares of NWBO today at $4.96.

Several weeks ago, in reply to "where are the shorts getting all the stock from", I posted as to how 40K shares came from me, not out of wanting to sell, but out of NEEDING to sell to close a $250K margin call.

I primarily invest in high/risk high/reward emerging biotechs.. and - as you can imagine - my portfolio has been devastated these last 2 months.

You see, there were 2 other substantial margin calls since that first one, one that caused me to sell another 40K shares and a third where I had to sell 30K shares.

However, the first 40K shares were sold at an average of $10.00, the second 40K at an average of $8.00, and the last 30K at an average of $6.00.

Ahhh, I see some light bulbs just lit up, so some of you already know where this is going.

The goal now of course is to recoup all the losses, but that's not possible since right now 105K shares of NWBO are missing from my portfolio, so at least for now, I am rooting for a stagnant share price, while another stock I own (XXXX) which also lost half it's value, but of which I actually bought more rather than sell any, recovers... providing me with the needed funds to buy back 105K shares of NWBO at ~ $5.00.

I have enough of XXXX, now at $1.90, that once it gets above $2.00... every penny goes towards available margin, and every penny allows me to buy back 1,000 shares of NWBO... on margin... so $3.05 would do the trick.

There are 5 potential FDA approvals that XXXX is waiting on. Last time an FDA approval (Generic XR Drug) sent XXXX from $1.80 to $6.20 in 2 days, so I'm hoping and wishing and praying on a daily basis, that what I sold at an average of ~ $8.00 I can now buy back at $5.00.

ALWAYS looking for how to turn those lemons into lemonade, just looking for some sugar!!!

ps - is hoping and wishing and praying a viable investing strategy???