Replies to post #200728 on NorthWest Biotherapeutics Inc (NWBO)

[beachhyena]

That could be the case but another more cynical angle would be to not only detract the shorts but offer comfort to longs and new prospective buyers looking to purchase shares after SNO. Because NWBO hold all the cards with regard to timelines and keep the Longs in the dark they can issue out statements such as Financing with Multiple unrelated parties and sell into the SP price spike as many converted warrants as they wish knowing that no news is really imminent and the SP will be dragged back down to 20 cent range.
When it gets back to 20 cents NWBO can just go ahead and start repurchasing all sold converted warrants and shares retail may sell.
Longs meanwhile have to suffer watching these continuous up and down spikes of 40 to 80% and always fear selling their positions just in case they lose out to the big news event that NWBO continually hang out through ambiguous language.
We have seen this cycle repeated many times these past few years and many probably have lost a great deal of potential money by being to afraid to sell winning positions.
I think those in the know and of course shorts have been making a boatload of money on all these cycles.
Will NWBO release anything regarding these potential financing or is it just another smokescreen. Time will tell but I have a feeling we will be back to 20 cents soon.
JMO.

[rogers5729]

I’m not sure the SEC filing does anything to tamp down the potential for dilutive financing. Just because there are negotiations involved with unrelated third parties doesn’t mean that those deals don’t dilute. And further, as I’ve mentioned before, indicating that those negotiations exist doesn’t mean they’ll actually come to fruition. I hold a sizable position in NWBO, but I’m not confident that the filing is as categorically rosy as some seem to be portraying.

[JRIII]

Correct. It was a smokescreen, just like everything to do with this company is a smokescreen. They knew if they put out the 10-Q as-is it would have been another PR disaster on their hands, so instead of telling the truth they decided to play games with a fake late filing notice that talks about some huge deal that is never going to happen. There is not going to be a partnership or a buyout. I've been saying this for a long, long time, and still very few seem to get it. No remotely credible company would ever associate itself with this disaster of a company.

Meanwhile, the board members and management continue to enrich themselves at the expense of common shareholders. I'd sure like to know about those "performance milestones" that allegedly were met and surpassed with flying colors. Performance milestones? Really? Is this some kind of bad joke to further humiliate shareholders? Talk about setting the bar low, jeez! The chutzpah of these people is simply amazing, and the fact that they are doing these things and accelerating their own vesting all while under investigation by the SEC is just astonishing.

Yesterday we saw a big pharma announce the failure of a combination trial. That's the way you are supposed to do it. You conduct a trial and if it works you announce it and celebrate, and if it doesn't work you announce it and go back to the drawing board. For some reason, NWBIO doesn't want to play by those rules. I'm not sure why that is (well, I have my speculation), but the way things are going they better have some pretty good answers ready for all the questions that will be flying when this mess is finally revealed.