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Re: gropgrip post# 212816

Monday, 02/04/2019 11:33:12 PM

Monday, February 04, 2019 11:33:12 PM

Post# of 701825
Gopgrip, I respectfully say that you are mistaken. What was said was that they did not sign an NDA that prevented them from trading. In addition, they said that upon occasion they come across "inside" information that may prevent trading, or words to that effect. However, they have not clearly stated that in the case of NWBO they are so restricted. I agree with biosect's explanation. I also think he saw value initially and saw nothing "untoward" with NWBO, which are rather conservative statements. He was an "active" shareholder and has at least implicitly admitted that his fund gets more intimately involved with some companies in their portfolios. NWBO was one of them. I do think he was behind an attempted takeover which failed. He then became a "passive" shareholder but held because ultimately from his own DD NWBO may be the little engine that could. Anyway, his investment is now relative peanuts to his fund's overall value. If it ultimately pans out, he wins. He has already lost over 95% of his investment, so holding on, if there is a calculated chance makes sense. No big deal to him right now. If it hits big, with his stake, he snatched victory from defeat. A real genius after all. JMHO
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