Saturday, April 30, 2016 2:26:03 PM
Think that I may now change my alias from Poor Man to Poor Bastard...which seems to be the direction everything is headed.
I'm somewhat agnostic on Linda and Les. Both are experienced and accomplished professionals in their own right. I just wonder if they don't have the communication and public relations skills for leading a public company.
Agreed, they may be extra-cautious because of the recent lawsuit. But let's not kid ourselves, somehow they managed to get into that lawsuit to begin with. And although I'm a relatively new investor (less than six months), my sense of the company's history is that they are always on the defensive. And let me add, if AF is kicking your (NWBO) behind, then you're getting beat up by the 98 pound weakling...what's that say?
From everything I can judge, this is a company with a medical technology that is cutting edge, and within reach of moving past the phase III and submitting a NDA. But you couldn't tell that by looking at a market cap less than $150 million.
Everyone with good intentions has become frustrated, and management needs to act accordingly. Otherwise this stock is headed further south.
Recent NWBO News
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