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Re: newman2021 post# 498975

Thursday, 07/28/2022 11:26:17 PM

Thursday, July 28, 2022 11:26:17 PM

Post# of 693161
My goal is to hold NWBO until it is paying quarterly dividends in excess of or multiples of my cost basis. Generational hold periods create generational wealth. I inherited a certain blue chip Dow Bellweather stock Holding where my parents cost basis was under a dollar. I got the allowed no taxstep up in cost basis but their cost basis was under a dollar. It was paying dividend of $4.72 and traded at 150 x their cost basis. They never paid taxes on that gain because they had it in a trust that passed to there children tax free. Besides that one Blue Chip stock they had no other individual stock just small mutual fund holdings. The one correct stock held for long enough time can result in generational wealth. Buying only Microsoft in the 1980s or 1990s would have done even better or NIKE in the 1970s.
When and if NWBO is successful many will sell along the initial hockey stick parabolic move. As Windows was a paradigm shift in computing DVAX-L might be a paradigm shift in cancer treatment. Microsoft is well beyond the initial indication of PCs. NWBO might expand well beyond brain cancer.
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