Well said! Longs should also learn a lot from the action of the last couple of weeks and keep that in mind going forward. Namely two things, one is that a major revaluation upward in the stock takes a bit of time to play out and two that there are always temporary setbacks in the advance and even when they are large pullbacks %-wise they should NOT be taken as meaning anything.
What I mean is the price action after the stock broke out from .35 area. It overheated just a tad and hit .796 before pulling back to .65 and then profit-taking drove it back down 20%. Inevitably that pullback felt disappointing and I'm sure some weaker players got scared into selling into that pullback even though we now see how easily the stock sprinted back up above .90. The lesson there is that stocks don't move straight up and a 20% pullback after a strong move up doesn't mean that the party is over, far from it in this case.
It's anybody's guess how much higher the stock can move into TLD though the volume and price action, to me, guarantees that it will move higher before TLD. I think we will still get a DL announcement next week and whether and how much juice that gives the stock will be an interesting test.
Now there are voices of somewhat reasonable prudence telling longs to take some money out before TLD is announced, least that disappoint and ruin everything. I'm not immune to those feelings, though if I've had the balls to hold on and add more over the last 5 years it would really suck to sell for a small % of the ultimate value just as we're knocking on the front door so to speak.
I do hear the voice of prudence about TLD and I'm way overextended with literally all my eggs in this basket. But I also think we know too much about what the docs like LL and Ashkan and many others know and how much they want to put lots more patients on Dc-Vax ASAP, plus I know how much NWBO has been involved with the FDA to push their guidance into being way more understanding about how to look at trials of onco-immunity treatments. I'm sure the nay-sayers will trash-talk the TLD no matter how that comes out because leopards never lose their spots. Never mind all the credibility they have lost as we've already seen the stock move up 5 times from where they were saying 'LP is a fraudster, sell, sell' when the stock was at .17.
But I digress. My advice to longs is if you have to sell any before TLD, wait and see over the next 2 weeks to see if the stock can go another 50% higher or not, and if you sell some, make it the very minimum you need to steel your nerves. Equally important, after TLD don't let volatility throw you off the horse. There will be overheating and temporary pullbacks but know that and keep your eye on the big picture. Don't settle for a small reward whether you've given a pound of blood, sweat, and tears to stay in this until now or even if you've just bought in now that it's started to get real.
