Sunday, November 27, 2022 2:15:35 PM
As I understand what's happened in other companies where more votes came in than shares outstanding they simply accepted them all and therefore accepted the outcome. This might not be the case if the outcome went against what the company wanted, but it didn't. I believe much the same would happen here.
If I were to agree to Fidelity's procedure for paying me for borrowing shares, I would lose my right to vote those shares. I will not set that up prior to this vote though my shares are in a margin account and could be lent without my even knowing it. As I understand the agreement, I can revoke it in the future, and have the shares be votable, and then reinstate it after the vote, so it's really not a bad plan to bring in some extra income. I'll wait until next year to put it in place, wanting to vote my shares I have little other choice.
I really wish the SEC would actively eliminate naked shorts and police MM's so they cannot maintain short positions over extensive periods of time. To me, investing should be based on expecting companies to grow, not working to bring them down. Clearly mine is an old fashioned notion, but I believe it's what all investment ought to be about. It's impossible for small investors to beat the computerized traders who can profit with either gains of losses in the market, you win if you have stocks that they too work to advance. I believe that NWBO is a stock that in time Institutions will take through the roof if it isn't bought out. If it is bought out it should be for a huge multiple of todays prices.
Gary
Recent NWBO News
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- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 05/22/2024 08:13:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:04:57 PM
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