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Re: learningcurve2020 post# 518227

Saturday, 10/01/2022 2:59:52 PM

Saturday, October 01, 2022 2:59:52 PM

Post# of 702532
Most of this is not materially different than any other company tiny microcap in this sector and some of it is exaggerated.

As for making “money”, well, I am up 60% even at this price, per year for the last 5 years on my investment. That’s better than most investments out there right now, and they do not yet have a product to sell, which is typical of microcap, single product biotechs at this stage.

People who don’t understand this, should not invest in such tiny companies. They do because upon approval and having a product, the companies valuations typically explode upward. We have seen volatility here that likely allowed some to sell and make millions here had they wanted the short-term profit.

As for quarterly calls, no, they haven’t. They had one product in trial and not a lot to say while they waited for OS data. It was likely a bit like waiting for paint to dry. Quarterly calls would have made the stock the target of unscrupulous hedge funds and their minions on social media, and they would have taken advantage of what they themselves dub, “stupid retail” to undermine the price while they waited to buy as cheaply as possible, just before value recognition or they bought the assets for cheap after creating a bankruptcy themselves and then relocated the same trial and drug under a private company that they ran to have all of the profit.

Wall Street is ruthless. They attack things they know are valuable not because they hate them but because they are greedy and want them ALL to themselves. That’s just the reality. Patent trolls and others swoop these things up cheaply and make billions of dollars off of what they call “the stupidity of retail”.

I own NWBO. My posts on iHub are always posted expressly as just my humble opinion (IMHO) and none are advice, just my opinion. I am NOT a financial advisor, and it is assumed that everyone is responsible for their own due diligence.

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