This second group of which the University of Pennsylvania study delineated would as to stock investing promote investing by emotional responses whether greed and FOMO (pumpers) or fear, doubt, resentments, bitterness, jealousy and resentments (neg Nellies and Debbie downers). The stronger the emotions the worse the investment decisions.
I saw a T-Shirt advertised on a stockcharts website. Printed thereon was the saying "There is NO FIX FOR STUPID and STUPID CAN NOT BE QUARANTINED EITHER" They will be there on social media as misery loves company and they are there to suck you in to emotional trading decisions.
Warning do not get infected by emotional investors. Emotional investing can cause a lot of financial damage. No FOMO! No FEAR!
Controlling emotions can cause a lot of internal stress as one must internalize the responsibility instead of projecting in on the "shorts" the FDA or Management.
One might instead make a plan and stick to it and when based on logic and verifiable empirical evidence that the situation has changed move deliberately
and decisively in rational measured steps. But NEVER EVER based on emotion.
One reason for technical trading is to help one remove emotions from entry and exit decisions. TA is hard to master but even if one is not adept it helps one master ones emotions which are the greatest threat to successful investing.
I would go one step further and suggest in the long term stock price and TA become less relevant proportially to ones hold period. For investment grade stocks balance sheets, market share and defensible moats are infinately more important. For speculative stocks the risk/reward ratio and potential addressable market value are what are important.
NWBO has an astronomical risk/reward ratio and a large addressable market eventually beyond Brain Cancer. NWBO is somewhat unique as it is traded on the OTC, while being close to several binary events regarding manufacturing and RA approval, which is artificially depressing the stock price. NWBO will up list or be killed. Management knows that. Series C preferred are the vehicle to up list. Logic dictates this based on the NASH Equlibrium. NWBO had never deviated from the initial strategy. Which is RA approval and control of manufacturing.
Buy Out is not and never has been part of NWBO strategy. Sorry get rich quick investors (frustrated traders).
NWBO is the Turtle that makes it to the finish line slowly and deliberately. No reason to suspect that NWBO will morph into a Hare and sprint the rest of the way.
For my investment thesis NWBO is purchased with the intent to NEVER sell at any price.
One should understand that the wealthy never worry about taxes on investments Captital gains as they never sell. If want money they borrow against the stocks as collateral from MSSB or Citi accounts intestest paid from dividends on same assets they can use those funds to purchase other income generating assets.
"When it is raining Gold put out a bucket not a thimble" W.B. Who BTW even a billionaire will not buy a car unless it has already 10 years old. Whether a Maybach or a Lexus I do not know. I will take the Lexus as low maintenance in equipment as women is very important.
