Replies to post #285431 on NorthWest Biotherapeutics Inc (NWBO)

[sentiment_stocks]

Spending valuable time on something that has nothing to do with you - what an even greater idea.

[Doc logic]

JerryCampbell,

Yes and to me that is interesting. Seems like share count is being managed right? Linda has friends and family that should have been able to take the same deal but that social distancing thing seems to be in play here now too for the sake of avoiding controversey. The question is why. Typically CEOs will make purchases of their stock in support of expected good news to bolster investor sentiment. I truly wonder if Linda is avoiding a potential future claim of insider trading against her by not buying or financing herself or with those close to her. There have been plenty of complaints about internal controls and legally razor thin arms length agreements in the past so standing pat for now may be what is required for a future agreement. All of this and the deferred warrants seems prudent for the sake of ALL investors if there is an interested party ready to move quickly into partnership after top line. I sure would like to see more paid in skin in the game by management at some point but something like that may only come with a partnership agreement. Best wishes.

[kabunushi]

Yes, the effective net interest rate is 18% but it's still far better for longs to see a non-convertable loan with no warrants attached than to dilute by selling stock here when we believe that the stock will reach a fair value of $1 or more maybe even before TLD is released. You know as well as I do that the value given to warrants is based on volatility. What is the annual volatility after the stock is up 100% in a week? With this huge historic volatility and similar upward volatility due going forward, it's a huge win vs an equity deal or even a convertable loan deal, and certainly better than any deal with a warrant kicker because the warrants are already worth a lot even if they are a bit above the current market, just because of the high actual and expected volatility.

One reason that the stock just behaved like a coiled spring is because it was coiled and part of the reason for that is that several good rallies had been cut off at the knees in recent months when equity deals were announced where the price was committed well in advance of closing and unfortunately the deals were revealed just as the stock had started shooting up. That killed those rallies largely due to misperception that the deals were done at a very big discount. They weren't priced at big discounts to market, they were done at near market prices. The problem was that the stock started zooming between when the deals were made via verbal handshake on fixed rather than floating prices, and the deals took some weeks to put together so that the market had run up but the deal price didn't float with the market price.

One could say that LG was a moron for not doing those deals with a floating price to be set when the deal closed. I dunno why he could not do that. I do know he was putting together deals with multiple small holders and that would have complicated matters, and maybe it would have been impossible to get buyers to agree on a floating deal. In any case the net effect on the shares was horrible because several very solid rallies were stillborn due to that financing activity. But all's well that ends well - to whatever extent those rallies got killed at the time it just added to the pressure on the tightening spring that sprang last week.

Personally I think there's still hella energy left in the spring and even if not it's gonna be coiled really tightly going into TLD release, likely to make the last run look like nothing. My opinion is that it's a zombie no-brainer that a somewhat high interest rate loan is country miles ahead of selling shares plus warrants into a high upward volatility situation like we have at present. Focusing on the interest rate there is penny wise and pound foolish. Like you would have done very well to have focused on the potential when the stock was trading at .17. But that's OK, you're a kibitzer with nothing at stake not a player, fair enough. Keep your eyes on this space. I think it's gonna be very interesting for those of us who are in the game.