I've not spoken with Dave I recently, however others who have make it sound like with approval we'll start to get a stream of positive news, not simply an announcement that we have UK approval. While I feel relatively certain that one thing will be the announcement of an Annual Meeting, perhaps about a month later, but I don't think they'll wait for that to announce other positive developments.
Today, I'd be surprised if 1% of the investment public has heard of, or paid serious attention to NWBO. By the time they have the Annual Meeting, I believe the majority of the investment public will have heard of the company. Of course all won't be investors, that never happens, many wouldn't consider it under any circumstances, biotech's just aren't their thing, or they only invest in blue chip companies, indexes, mutual funds, etc. Of many of the people I know, they wouldn't consider the company till it's trading for at least $5, and many would want far more than that. By that time I'll have a ten banger, or very close to it, and a portfolio worth a couple million. To some people any stock below $5 is a penny stock, regardless of what exchange it's on. I always find it amazing that some people look at a stock that's moved from $100 to $150 in a year as a great investment, but won't be excited about a company that moves from under $.50 to $2.00, and I believe we could do far better than that this year.
Tesla is selling at 52 week lows, many would need it to double, or better, just to be break-even on the year, yet I'd bet that many still believe it's a fine investment. It's a mindset about what's good, and what's not, Tesla's been a $400 stock before, and people feel it will be it again. That's tremendous success in their minds, but under three times what it is today. At $1.50 we'd have a larger percentage gain, and that could easily happen within minutes, or less, of the price we should have with an approval announcement. If the stock is halted on the news, it may very well open above $1.50 or even $2 and in that it represents under a $3 billion market cap it would be reasonable for a stock that represents the potential that NWBO does. The more people learn about NWBO the more a double digit billion dollar market cap will be justified.
Gary
