Seems a very strange strategy to short NWBO, when it is already at a bargain basement price. Why didn't you short it any time second half of 2015? You would be comfortably ahead...
Still, with your record of getting things wrong, not surprising really.
I hope you realise the risks of shorting this stock.
Holding any position in NWBO is a bit of a punt. It's like backing a 33/1 shot on the horses. But, if you think its true odds should be 20/1, then it represents a value proposition. Small stakes wager, so limited downside, but with a real prospect of scooting home. What's not to like?
To use more betting parlance; I'd rather be a backer than a layer!
I pretty well disregard precedents such as previous under-enrolled trial outcomes, because NWBO is unprecedented.
And I like having a ticket to this suspense drama however the final scene turns out!
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