
Thursday, April 17, 2025 9:58:10 PM
Lending shares now brings fantastic interest as shares are valued at $1. With shares trading for $.20 most of the time I've been Lending them at 5+% it's like getting 25% for the shares being lent. Sorry, I see this as a positive for investors. Shorts will always find shares, they will pay greater interest as they become harder to find, why not be paid and buy more shares?
At some point, when Fidelity allows me to price the shares at least $5 above where they are trading, I fully intend to support a squeeze by placing a sell order. When the price is much higher, I will make them available again by removing the sell order, and I will do it again when they're higher.
Sorry if people don't like this tactic, but it allowed me to increase my holdings by about 20% without using other funds which I am using a lot of here in Grass Valley.
I head back to LA on Sunday, in the past trips have often coincidentally had big stock moves up or down. Fortunately this time it was up as NWBO nearly doubled in the time I've been here. I plan to be back in about 8 weeks, but we'll also be in New York between now and then. Let's hope all trips continue the up trend.
Gary
Recent NWBO News
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