NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

The little lie about Institutions is that they cannot buy stocks not specified in their charter. They can, but they can't show that they're holding such stocks. They only are required to report holding they have over a quarter. The MM's will cooperate with them in selling them the share on or after the first day of the quarter, and purchasing them back by the last day, often in off hour transactions.

I have no idea how much of this is going on with NWBO, but if an Institution is permitted to own shares selling for $1 or more, they might purchase on October 1st, if the stock exceeded $1 they'd hold it into January, but if not, they'd sell and we'd never know they invested.

Most Institutions need prices of $5 or more, so they'd be in and out until such time as our share price went above $5, could happen next quarter, nothing is impossible if the news is good enough, especially if they announced a major partnership.

We live in a world where holdings could be reported automatically when they occur, but instead they're only reported when legally required, and that's not until half way through the quarter that follows the one being reported on. We're trading to 4 or more decimal places with computers often doing it all, yet our reporting requirements stay where they were perhaps a century ago. I believe all these rules are purely to protect tthe Institutions, and Individual Investors can only hope that they've invested in stocks the Institutions will push to new highs in time.

I'd love to see the SEC make changes that would help level the playing field, but I don't believe it's happening any time soon. As an Individual Investor I can only hope that NWBO is a stock that Institutions want to move well into double digit dollars in time, I believe it's story is one that would permit that to happen.

Gary