NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

I think the markets have priced in bankruptcy and failure of the trial as the cause. If it succeeds it is pivotal. If it fails well it fails.

Now if you want to trot out the old argument that FDA will not accept progression-free survival as a valid endpoint then please do so explicitly and provide proof.

But while the market might just be aware that NWBO even exists enough to believe that it will go under I doubt most investors who trade NWBO are concerned with arcane arguments about progression-free vs overall survival.

That said, I think that the market is correct to price NWBO as a penny stock until we prove otherwise.