I believe the future share prices for the company will be based on a variety of factors before a major partnership, or buyout. Perhaps they fall into two basic categories, technical and emotional. The technical takes into consideration things like regulatory approvals and acceptances, revenue production, licensing agreements, etc. I.E. they're ways investors can access where the company is today, and what they believe will be happening in the future.
The emotional would be things like a banner headline in the NY Times, or the cover of Time magazine, or a major feature in the likes of 60 Minutes did a story on how DCVax-L was the answer to curing all solid cancers in the future. I don't care if the stock was selling under $1. or $5 etc at the time, it might be $100 in the next day, or next few days. The emotion is in seeing something and wanting to buy in at any cost, with little of no DD. While in time I believe NWBO could be worth far more than $100 if it truly has a place in the SOC for most cancers, but the proof of that comes from doing it, not some claim in a banner headline or news show even if what they're saying will turn out to be true a few years later.
I bring this up because if in fact LP has had discussions with one or more BP's regarding either partnership or buyout, such an agreement would normally have the BP paying a healthy premium on the current price once some minimum price is achieved. If the price is achieved based on what I'm calling technicals, it will take some time, could be later this year, but more likely in the next few years. On the other hand, if the share price skyrockets on emotion, it could easily exceed the prices being discussed in a day or so. Both parties might agree to move forward at a higher price, or the deal could be nixed until the price was more in line with what had previously been discussed. The likelihood is after such an emotional rise, it will retrench, perhaps half the gain or more, but even with there it could be well above the price a BP's willing to pay.
I believe that most longs here are wise investors, if they did see banner headlines and the stock took off, they'd profit nicely. Personally I'd set trailing stop loss orders and just keep moving them up until the stock peaked and fell to my latest stop loss. After selling I'd very probably look to buy back once the price came back down to earth and stabilized. That's what I'd do, many would do otherwise, even now some may have sell orders in at prices like $5 or $10 or higher that emotional news could have the price up faster than you can call your broker, or cancel the order on line, you'd be out at a price you were happy with, but might not be so happy if the stock was selling for double or more what you sold at. I don't believe that Fidelity will let me set a sale price at say $50 or $100, I'm not sure I could do anything in double digits, regardless, I'd not put a sell in for anything less as if I were sleeping late, which I generally do, I could be sold out before I heard or saw the great emotional news. I'm not saying it will happen here, only that it could.
Gary
