Replies to post #46892 on NorthWest Biotherapeutics Inc (NWBO)

[Smokey21]

I agree, Woodford has no reason to drive the price down and undermine the other $150 million invested just to get a cheaper entry point on the last $30 million. He has every incentive to see it higher, as this has currently put him and his fund in a poor light, with lots of negative press. He was buying hand over fist in the open market in July and August, right up to $12 price.

No, I don't think he is stupid, and I do still believe he is in possession of information on the hold that none of us are. That is why I believe he is not supporting the current price as he was in July and August. I am convinced he signed a non-disclosure at the end of August or early September.

The enrollment hold has everyone else sitting on their hands (baring a few die-hard longs with dry powder), so we just wallow in the muck and fear until some news it announced around this subject, or some other positive development. It seems nobody is willing to sell until that happens. Also, there are 13 million shorts that need to cover, unless the company goes completely belly up.

[DoGood_DoWell]

Possibly Ondra convinced him of wrongdoing on the part of NWBO, or, advised him that he could take greater control of NWBO by taking it down and making it vulnerable. From the time after his first two investments, the NWBO appeared to be gaining strength and on solid footing, with the appearance of likely future financings by Woodford. Then the S/P began mysteriously declining a few months before his last investment - on no news. Coldnight says that this is a pattern seen in other companies he has invested in. He took an activist position in a company called Omega, that crashed after he tried to take it over, and it has never recovered its value after his intervention in the board and management. How do you create value for your investors by creating so much turmoil that the company cannot operate? Or by forcing the company to use "advisers" with adversarial positions and conflicts of interest? Maybe the plan was to destabilize the company and take it over, as some others have suggested, using a mole, Katherine Wolf and former Milken allies to recreate the Dendreon playbook.