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Bored Lawyer

12/05/17 4:04 PM

#147775 RE: tryn2 #147772

mgt at NWBO is lining everything up lately at a 10x pace from the last 2 years I have been watching this company...


That's one thing that's been tough to discern as a "new" investor here (mid 2017).

How different is what is going on now from what transpired in the past? Does NWBO have a different feel now, or is this just the same old song and dance (delay, extend, and pretend) from an opaque management team?

My heart wants to believe in this company (lost a cousin to GBM 20 years ago) and so does my wallet (pps @ KITE valuation), but I find myself hedging my bet here.

On the one hand, I want to believe LP called a bottom (as some have said) by settling the Cognate debt for shares. On the other hand, I just watched NWBO issue another 300+ million shares (Cognate, employees, new financing) in a month or so and wonder if there is an end to this trial or dilution in sight.

I consider myself fortunate to have found the company at this point in time, but I am struggling to read the tea leaves (favorite expression here) and find a comfortable allocation of risk.

More than anything, though, I am just fascinated by this story (saga, really) and can't wait to know the end of it. Hope it ends in a better treatment for GBM.

I appreciate everyone's contribution to this board, and I apologize for the long-winded post.