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Re: PacificNW post# 64230

Sunday, 06/12/2016 10:56:00 AM

Sunday, June 12, 2016 10:56:00 AM

Post# of 708205
Afford: Maybe you should unwind your last add if given the opportunity, but regarding your higher basis: What are the odds that ultimately the NAS violation will prove to be the only substantial business wrong-doing? What are the odds that L will show efficacy, at least in a subgroup? What are the odds that Direct will prove out with or without the BP BI partners?

And if the business side is not as corrupt as your fears, and the efficacy is demonstrated, then you will wish you had not been so harsh, because after all, this is a major branch of the new cancer immunotherapies under the microscope. This is a big deal.

There is definitely a chance that LP will prove to be so much more concerned with the success of Cognate than that of NWBO that we will get burned, but the fact that there is a substantial chance that this will not prove to be the case outweighs that concern, in my opinion.

There is a chance that your fears will prove unwarranted Afford. You know that. Maybe not a reason to buy, but a reason to be careful not to lessen those odds. I am going to try to remember that going forward.

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