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Re: CherryTree1 post# 724830

Wednesday, 10/09/2024 8:09:51 AM

Wednesday, October 09, 2024 8:09:51 AM

Post# of 828137
Cherry, I did continue to buy on was down. Problem was I bought a LOT of shares in 2015 at dollars per share when I was convinced LP had nwbo on the was to greatness - nwbo "was on the home stretch" and other similar quotes. I have bought as low asb14 cents as well but difficult to overcome those initial purchases. Over time the management claims never seemed to come true yet they kept telling us "funds being raised for additional direct trials" and being a slow learner figured out could not really count on what management communicated. Had dozens of conversations with LG and always sounded as things were just around the corner. At 2022 asm we were to have multiple RA submissions not just in the UK. I still hope for at least some roi but has not been good so far. There is also the issue of opportunity cost - many other investments have done well over the many years. Congrats on most of your purchases at 20 cents, amazing how so many seem to have such lost cost shares and probably/hopefully will end up with a good roi but few long term holders have such low cost average. Just have learned that can't count on nwbo for much communication and when they do most of what they say may or may not happen but at the least will take longer. They have good science from ucla, they just need to execute the business
Other pre-revenue companies with good potential product seem to take a different approach and communicate and shares prosper - silence is not really golden - imo
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