Replies to post #94731 on NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

Someone else brought it up; He'd be sued if he was buying more after that London Times article.

[sentiment_stocks]

I am doubting the 9.5 went to Woodford, because management would know it. Could he have bought on the open market? Maybe. But when he buys in that manner, the price goes up. And the price stayed at .35 for quite some time.

So I too am in the camp he didn't buy more. I personally don't think he can as he hinted as much in a blog response. They have indicated they didn't sign anything that precludes them from trading... but they have indicated that they may be restricted, despite not having signed anything.

We share your interest in the company’s technology and as we mentioned in the interim report, we continue to wait for news from the company on its investigation in order to update our shareholders. Whether we are restricted from buying shares or not, it is our policy not to disclose this information for market sensitivity reasons.

My guess is that when the halt information is made clear, they will be free to buy or sell. He stopped buying on the open market right after that news became public. He did buy in a private placement after that. But the P5 event may have soured him, and the Ondra wolf definitely soured LP.