NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

Some Monday, or week, or month I fully believe that my portfolio will almost instantly double. I'm not speaking of just the price of NWBO, I'm speaking of the value of my entire portfolio, perhaps even my total net worth. I would grant you, it would take somewhere in double digits to double my net worth, but nowhere near that to double the value of my portfolio.

I really can't say that it could come in a day, week, or month, but I'd not be surprised to wake up one day after the bell and find the stock price more than doubled from where it is today. Once we're trading at $2 or more I'd not be surprised with days when we're up, or down, more than our price right now. I believe that there will be many more ups than downs.

It's my belief that things could happen rapidly, but I certainly could be wrong about that. I don't believe that the market can possibly ignore things like regulatory filings and acceptances, they certainly can't ignore approvals. Partnerships, especially those where the partner is gaining an equity position should act to bring the stock to near the price the partner agreed to pay.

It's been said that LP wouldn't take anything that valued the company under $20 billion or more, so something near $20 a share or better, I'm not certain that would be true if the buy-in were tiny. If LP got an offer that had the partner taking say 10 million shares, less than one percent of our total, I don't know that she wouldn't accept $5 a share which could immediately elevate the stock to the $3 to $5 range which could lead to a move to a major market. I don't know that this will happen, but I sure wouldn't mind an agreement with CRL to produce DCVax-L which also came with such an equity purchase.

I suspect that a share price of $3 or more will make many millionaire stock portfolios, $1 or $2 will do it for some, probably $10 or more for many. I can remember when 10K shares of a stock seemed like a lot, now a 100K has become common, but only when we're into stocks selling for $1 or less. In a few years people making big investments in NWBO may be buying 10K or less of the stock, at $10 a share that's a $100K investment, that's a big number for most individual investor, but not for Institutions which will be buying millions or more.

Gary