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Posts | 165 |
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Alias Born | 12/16/2015 |
Monday, October 24, 2016 8:41:35 PM
He's not an investor, if you define the term as someone who believes in NWBO and desires to hold the stock long as it (hopefully) appreciates.
That's not this guy's game plan or motivation at all.
He bought the NWBO deal because he was able to dictate and receive incredibly favorable terms from Linda. She's desperate to raise money, so she was willing to sell him 5 million shares of NWBO priced at a 30% discount to the market. The buyer would normally ask for warrants, but the pricing discount was so large that he didn't need or want them.
Buying stock at 38 cents per share is essentially a foolproof way to print money. The buyer simply resells - flips -- the purchased stock back into the market for an instant profit. Even with NWBO trading down to the mid 40 cent range, he's still making money.
When MD1225 buys more NWBO, he'll probably buy it from the guy who bought the NWBO deal.
There is no white knight investor coming to save NWBO, just more vultures circling overhead, happy to pick at the corpse.
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