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Re: CherryTree1 post# 232191

Sunday, 06/09/2019 10:46:56 AM

Sunday, June 09, 2019 10:46:56 AM

Post# of 687267
To be fair, I think Jerry may be thinking Woodford could be forced to sell due to the current situation his fund finds itself in. He will have to sell off certain holdings as there was, in a sense, a run on his fund (like a run on his bank) where too many people were selling out of their position with him. Had this continued, shares in the companies he held in this fund were in danger of falling. So there is a 30 day hold on his fund while he sorts out what he’ll be selling. I believe NWBO shares are at the very bottom of his holdings so selling those shares won’t yield him (or his shareholders) much, whereby with a data lock in the somewhat near future, could make those shares worth much more. It will frankly be interesting to see if he hangs onto NWBO or not. If he doesn’t, he’ll likely find a buyer to take them. But he could sell some in the open market. It all remains to be seen what happens, but it would be, IMO, unfortunate for Woodford should he be forced to sell, and then have that followed by data lock and a possible stat sig top line whereby the stock moves quickly up.
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  • 1D
  • 1M
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  • 6M
  • 1Y
  • 5Y
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