NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

Had Woodford taken it as seriously as you suggest, he would have been duty bound to DIVEST, not sit invested while the company continued declining in price. His confidence to stay invested and NOT TO DIVEST speaks much more loudly than you suggest with regard to how seriously he took Phase V's allegations.

As indicated before, the relationship with Cognate was fully disclosed in the disclosure documents. That's how Phase V found the information. The issue was, was the crossing of the NASDAQ rule material or immaterial enough for him to divest? Apparently not. And he maintained afterwards that he had confidence in the science here, which was not consistent with what Phase V was alleging.

So I have a hard time taking any comfort from anything Phase V has said so far, given the outcome myself, though no doubt Phase V's report did certainly crush the price and gave quite an opening to shorts to bash the company to a very low price. The end result is that I got to buy at extremely cheap prices. I feel very badly for the longs however, and sympathize, having been in companies I believed were quite solid, to see similar treatment from manipulators in the past. Manipulating stocks down, for profit is clearly a very easy, profitable gig, or it would not be so common in the biotech market. It's very easy to convince people that just about any stock is a scam, if one desires to take that route. Fear is a much easier emotion to inspire than confidence, and is the territory of scoundrels and politicians.