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eagle8

05/30/20 5:23 AM

#286038 RE: kabunushi #286033

Agreed kabunushi.

The amount of new shares and some warrants is a nothingburger.
Since the 2e of may the number of warrants dropped significant.
So it's about the timing of the deal.
This deal started when the pps was $0,17 and later on higher prices.
Average $0,23. This takes time.
Our bears are screeming murder and fire ofcourse.
Again the timing could have been better(?) but there's only one thing the most important : the results, TLD to begin with.
And even some longs are speculating about "back to €0,20" or even half the current price. Amazing.
We'll see about that on monday.
We have seen a lot of 'surprises' the last years with NWBO.
So i'm not scared at all. And especially not just before TLD.

Best to you and all longs.
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anders2211

05/30/20 5:25 AM

#286040 RE: kabunushi #286033

kabunushi

You are absolutely right if you are saying investors complaining the SP will drop Monday should really get some investment therapy.

The problem is however not that. The problem that I have with the latest transaction is that it sends a clear message. No data lock coming anytime soon. Biotech, and I have studied many, have only one thing to sell if its not their product and that is credibility. NWBO just chunked of some more last Friday which could have been avoided if data were to be locked in the next 7 days. In that case, they could have waited a week longer and then PR this transaction together with data lock. I mean the lights will not switch off the coming 7 days will it? It would also make the new shareholder buying the stock at 22 cents happy.

The only conclusion that can be made is that data lock will take weeks if not months. Credibility...
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sukus

05/30/20 8:42 AM

#286085 RE: kabunushi #286033

Agreed.
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Sojourner55

05/30/20 10:02 AM

#286106 RE: kabunushi #286033

I couldn’t have said it better Kab. The waves of rallies and pullbacks tied to financing are just part of the journey. It doesn’t bother me because I don’t trade this stock and try to time it as with my other stocks. With NWBO I just sit tight because my conviction is stronger than my urge to take a small profit when the big one will come and out of the blue.

Having waited all these years I’m not going to lose my patience or be upset by this blip. Technically this run up is different than previous ones. I see a mild pullback at most. This deal is net neutral given that the new warrants were suspended as well and quite a number of warrants expired to offset the new ones.