NorthWest Biotherapeutics Inc (NWBO)

[kabunushi]

You wrote There are HUNDREDS OF MILLIONS of warrant holder shares that all have a basis under .25 and have been waiting a long time to cash out at least a portion of their gains.

This is quite true, but IMO if the warrant converters didn't convert and then turn around and sell (and we know from the daily volumes that they sold at most a very small %) then this proves they have the stones to hold most of their stock and not derisk before TLD by selling the new shares at 1.20 area or lower. This tells me that they must have a goal of selling for a bunch more than 2.00-2.50. I believe they know what NWBO is really worth and they may sell enough to buy a car etc but I think they will not start selling their core holdings of many millions of shares of NWBO for any $2-$3 gain.

Likewise all of us MB relative small-fry, and we now know many of your expectations for YE 2022, who is going to be willing to sell more than a tiny chunk for a mere $3-4? And what can the price do if there are new buyers for 100-200M shares and we all ain't selling?

A very important point is the fact that those who have suffered holding a stock that was undervalued for a long time will tend to sell way too low once the stock finally starts to get re-evaluated by the market. Just for one great biotech startup example I happen to have owned at one time (thanks to DI BTW), ABMD was a great company with a breakthrough artificial heart and later also a heart pump partial heart replacement product. They got FDA approvals and had some very serious sales but they never took off as they should have and they got totally crushed from $19 to $5 in the crash of 2008-2009. It took until 2014 for them to start really getting the respect they had always deserved and the stock price traction they deserved from the market, advancing to near $50. But if you knew what you owned and held thru to the full upwards reversal of fortunes, in 2018 you could have sold it for $400-450. But you had to be stubborn and patient to get anywhere near the whole enchilada.