I still like Will Rodger's advice on purchasing stock, it's as simple as such advice could be. "Buy good stock."
He went on to say that if the stock went up, good, but if the stock went down, better, buy more. Many people in NWBO have been in the company for over a decade, they made the decision that it's a good stock, and while they paid far more in the past, I believe that most of them have brought their average price under $1, and many are even profitable today.
Personally I've only been in a few years, on Thursday at the open I was up overall, by the close I was down a bit, that's not of concern to me. I have more shares than I ever believed I would when I first invested, on many occasions I've said I didn't anticipate buying more, but as the share price weakened, I wanted more, and I got it. Remember, I decided it was a good stock before I bought my first shares.
I suspect that Monday I could be up to break even again, or more, but that's of little meaning. I'm hoping the stock remains independent and in 20 years or less my kids will inherit many millions each from NWBO alone. I believe they'd get a new tax basis unless the laws change, but regardless, they should be set for life. I would hope that some of my other investment do well, but I doubt if any have the total potential that NWBO does, if it isn't bought out.
Clearly the bashers here don't believe it's a good stock, at least not yet. It's not too late to change your mind. If the long investors are right, it's a good stock, you'll either be losing a lot yourself, or the people paying you to be negative will. Now is probably as good a time as there has ever been to go from short to long.
Gary
Bullish
