NorthWest Biotherapeutics Inc (NWBO)

[MI Dendream]

Gus, I don’t think we are waiting on FDA to approve the new endpoints. That process started three years ago and even if NWBO has mastered the art of dragging ones feet, FDA actually moves faster than that. I honestly believe that if the NDA process has not begun, there is only one person to blame and her last name is not Liau.

However, I believe that progress has been made and we are about to see a can of whoop-@ss opened up on shorts. I have just been wrong about timing so many times before that my faith is skin deep. I think competent or incompetent management aside, DCVax is worthy of Billions in market cap. How many billions is the question?

If LP has mastermind a series of positive news including regulatory news beyond UK manufacturing certification, then this could be a very large number of billions. If not, I still think we see at least $4 which is $5.5B market cap. Still a big win for most longs, but one that doesn’t make up for the opportunities I missed out on. I will be a disappointed investor, but I will get over it.