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Alias Born | 03/29/2014 |
Wednesday, March 02, 2016 7:34:14 PM
It was probably with the shorts... the legal ones anyway. Wonder why they'd want to give Linda more money? Why not just wait for the company to go BK?
Oh... probably because they know whatever is going on with the regulators is going to come out sometime. Nothing changed there. 'Cept it's taking awhile. And as time passes, they've got to take the financing where they can find it. And when that news comes out, there'll be no BK here. So lucky them... they got to exit nice and clean with a profit. And the company got the money it needed to continue. Everyone can thank the shorts, Neil Woodford for frankly, making a stupid move AND for signing an NDA because he couldn't wait and had to know, and the company's small staff for not having checked to see how Germany would categorize the screening halt. And Hilary's Tweet. And Shkreli's comments. And the market. And the Fed. And the Chinese.
And sometime soon, the issue will get resolved. There's no futility waiting around the corner. But those of you who want to "think" so, go ahead. And those of you who just to "tell" us so, go ahead.
The share price is at $1.70, which is a joke. For those of you who don't want to listen anymore to those of us who are saying nothing's changed but the share price, you should sell... and collect your whopping $1.70 per share. But there is no way that when this "halt" lifts (I call it that... but really, IMO, no halt exists.. what will lift is the shroud of what is really happening), the trial will end and be no more.
It's like a caterpillar... it's either transforming to become a butterfly, or it stays a caterpillar awhile longer. Meanwhile, you can keep listening to those who are telling you psPDs in the main arm wreaking havoc, or it's taking everyone a lot longer to event because they removed every last scrape of the tumor, or the crossover is confounded, or you can change the station.
Meanwhile, $1.70 is a screaming buy, no matter what anyone else here says.
If this thing unwraps and a butterfly flies out of this silence cocoon within two months, you will wish you had bought more. Or you will wish you had never sold. Or that you had ever shorted NWBO. If the "halt" lifts and that's it, I predict we'll hear the trial is full and that's that. Guarantee that news alone will be enough to cause most to jump back in.
And that's my pump for the week. Thanks Jack for the inspiration. And I will be paid when the butterfly emerges.
Buy, sell, hold... do what ever seems right to you.
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