He also bought a big chunk if I'm not mistaken, after the hold became known. Most of us have assumed he would have known what it was about before committing another 30M or whatever.
At this point he's in the position of explaining to his shareholders why some $100M+ of their money has as of today, essentially evaporated. No matter what he says his investors have every reason to be super-pissed off about it, unless and until NWBO shows success and moves back to at least close to where he bought. If he doesn't admit to screwing up he'd be making his share holders even more pissed off.
I'm not saying that this doesn't reflect what he really thinks, but the context is that he's got 'splaining to do to his shareholders.
At the time what he had said was really lame because he said like the phase V report was news to him but 1) most if not all of it was a rehash of already made claims by AF and 2) even if there was new news, he's supposedly got to have done major DD before throwing so much money at them so how was it he didn't know all the stuff they brought up.
Also, his going public with his demands to LP were in the view of many of us clearly a major catalyst if not the main cause of the shares getting killed because the shorts got such a clear statement that they had nothing to fear from one morning after they had shorted like crazy for NW to announce that NW invested another 30M and the stock running against their position. Once that possible threat was gone NWBO had a huge target on their back. Anybody who doesn't admit that has no understanding of how the shorts operate. And I'm never saying that NWBO has no blame for the disaster in their stock, only that NW deeply screwed up and hurt his own investment as well as all longs by telling the shorts they could go open season on NWBO and they didn't need to fear any more investment from Woodford again giving the market a huge housekeeping sign of approval for the company.
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