NorthWest Biotherapeutics Inc (NWBO)

[beartrap12]

barnstormer, I know very little about trading, and even less about shorting and short squeezes. That's why I like to educate myself by reading what more experienced traders and professional traders think and have learned over the years. As I said in the post about Lou Smith (who is a different person from SmithonStocks), I don't know if such a huge short squeeze will actually happen, but I want to be aware of the possibility it might, so I have positioned myself to be able to take advantage of it if it does happen, first, by checking in frequently; and 2nd, by placing no sell orders under five dollars (no use giving shares away). I firmly believe NWBO will be worth in the double digits after EDEN is up and running, Canada approves, BP partners are announced, and NWBO announces they have applied for approval by FDA. Some or all of this could happen in the next year, IMO.
So, I'm not worried about missing the high point of a short squeeze. But I do hope it squeezes to $10 or more at approval, as Smith projects. And I'm prepared for it to squeeze much further.
I also realize that it might not happen at all, or it might be a tiny squeeze. It's been two years of waiting for the MHRA to approve. During this time the UK health services have given us all kinds of signals that approval is coming. It's hard to imagine that some of the naked shorts haven't gotten out already, and maybe they have. If they are out, I'll hold my shares and wait for the multiple other financial events to be announced by management, as they have promised us in past 10Qs. The share price will go up as the company makes money and begins to give up guidance on the future. I will only take off what I need and I don't need much, or my family has needs, and I have a big family. Most of my shares I plan to keep for those who need it more than I do.
Longs, be aware that shorts will try to get your shares at a steal for a few dollars. They'll tell you there's no more upside. But that line has already been proven wrong. (Think UK payment on a case-by-case basis for ALL CANCERS, which I interpret as a pre-approval, along with compassionate care through the Specials program!)
I frankly believe that even $10 is a steal. So, my final advice, and I seldom, if ever, give advice, is to only cash out shares for money you actually need in the moment. Realize the shares will go up in price naturally as the company begins to manufacture and sell DCVax and announces plans to expand.
GLTL