BIG DAY 0.0146% stock sold. Reg 2015 "Thanks for clarifying my mistakes and sorry for the confusion on such a light trading and blogging day. Peace Reg 2015 "
The shares traded daily are irrelevant! There may be a battle going on somewhere but it certainly isn`t here. So... the super negative guys help us all by pointing out up to 1,200, 000,000 shares and securities outstanding. OK.
So today we traded around 350,000.... which is 175,000 sells and
175,000 buys. So there was action on 175,000 shares. OMG.... how in Gods name do i work that out as a % of shares in the company ( assuming ALL securities are exercised? Ok .Go to calc on iphone. Clear. Tap in 175,000 divided by 1,200,000,000 OOPS! discover Apple does not like billions so accept 120,000,000 and remember to divide answer by 10 as it is 10 times to big: Then to turn into a percentage X by 100.. WOW... so we get 0.00146 (sorry but rounded to 3 decimal places) %. Crikey ! ).146 % of stock were traded today.. BUT NO! we accepted that my iphone wont divide by 1.2 billion but only 120,000,000. SO THE ANSWER IS !) 10 times too high. Okay... ... divide by 10..... THE ANSWER is . today, APPROXIMATELY 0.0146% of every possible nwbo security was traded.
So what does it mean.
1. For months now the Bear argument has scared off any new investment (not the Bears but the bear argument). Whether raging loonies (see ihub) or professorial critics (here...sometimes ) they have achieved this outcome . It just is. In its way it is a triumph by operators that know how the market works.
2. There has been a tiny shake out of share holders (almost infinitessimally small shake out).
3. The management are not minded to intervene. (In a much earlier phase i remember thinking this is so obviously a case of management getting behind a long term academic project. ie we will see this through for the results or... "go long or go home".Maybe I posted it... certainly others did.)
4.The bear problem is that shareholders are not behaving as shareholders should... ie . running for the hills. Why is that? Well....in my case I looked at Woodford`s assessment and it made sense. It still does... so I started to follow and research on my own back. Initially I lost at a small scale , but sold (for tax) and started to rebuild. I have been in profit for nearly 2 years.Also.... much of the bear argument (JD Heart/ JR111)is about flailing around (either in panic or woe the ides of march). I see that and it has supported me (they could of course be a clever double bluff but I dont think so... make your own judgement ... but a raving bipolar approach or glass half empty approach becomes apparent after time).
5. So , personally, I think we have passed the science risk ; we are fully engaged with the spoilers (and I am blown away by the ability of the un-invested to constantly keep reappearing on this board). We are locked in a battle of time; can NWBO make it to the end ? Is there a chance that NWBO will make it to the end but the management will act against all of us and find a way to take our shares? Of course , the more likely the chance of clinical success the less likely mal-intent by management in regards to share ownership becomes. I am happy to accept that way back LP et al worked to protect their own interests... but they (and we) have stumbled on to a gargantuan pot of medical/financial gold and everything changes.
There is nothing new here(re: human nature ...) just the science.
