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Re: learningcurve2020 post# 682307

Saturday, 03/30/2024 7:30:15 PM

Saturday, March 30, 2024 7:30:15 PM

Post# of 689638
I'm on Hydrocodone-ibuprofen and probably should have taken more of it, as it's gotten more painful. I really don't think it's doing very much. I can take it every 4 hours, but waited for 9 hours, so I need to take it somewhat faster.

Whether I'm on meds or not, I tend to play Devil's Advocate, I don't mind criticism if some of it sounds stupid if it creates discussion that I, and perhaps others, can learn from. If it's ignored, no harm done.

I frankly have no idea whether shorts or bashers are really working for others, or are actually short themselves, perhaps both. I believe that some longs get so frustrated with companies that they post like shorts, but actually will invest more if the stock is down. When IMGN was bought out, many of the longs there for decades were unhappy about the price, in spite of the fact that we all had nice profits. There is a big difference between having a nice profit and a really big profit. At roughly $3 in NWBO I'll have a percentage profit that's the equal of what I made in IMGN over many decades. I believe I'll see that or more before the end of the year, and it will be in a tiny fraction of the time I was in IMGN. I frankly wouldn't get out of NWBO at $3, or $30 for that matter, if I believed the potential is still great, IE it's still a really Good Company. That's not to say I'll take no money out, but would prefer to do that by writing covered calls, rather than selling stock. Once we're on a major exchange I feel reasonably certain that Options will be made in NWBO, and selling options on say 10,000 shares, a tiny percent of my portfolio, can bring in enough to take a nice vacation, etc. I paid for most of my solar system and heat pump with selling IMGN out of the money calls, most closed worthless, but I did give up a few share. I also bought more NWBO with it and converted all the IMGN in our Roth IRA's to it, and right now the gain is less than had I stayed in IMGN, but that could change dramatically in just days or weeks if we're right about UK action.

I know I'm wordy, some like it, others don't. Feel free to ignore what you don't like. At my age and retirement status I have little else to do.

Gary
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