biosectinvestor,
Agreed. The wording that really stuck out to me in all of this was the what I call a “confession” that in the course of their due diligence they came across non public information. Everything after that made no sense to me without him being handcuffed and by default his funds until a new independent trustee was appointed since the whole business would be considered contaminated by top leadership. Mr. Woodford could defend his decision not to trade NWBO shares and maintain his well paid position for the very reasons you have given for him not trading even if the real undisclosed reason was a real risk of jail or a lawsuit hence the “voluntary” decision not to trade. The reason for this conclusion by me is twofold. The first is that they could have continued to support NWBO publicly verbally and financially and in so doing support the share price. The second is that NWBO/Linda basically said they had suffered a hostile takeover attempt. Also, while Mr. Woodford publicly stated he liked the science, he also created discord with the company after the Katherine Wolf situation was discovered and then came his threat to do his own investigation remember? That was not just a boneheaded move, it was a deliberate one and evidently that “investigation” did not go so well for him.
Bottom line is I too believe there were work arounds that could go along either your line of thinking or what I think happened because of how each of us interpret Mr. Woodford’s actions. Thanks for being willing to discuss this thoughtfully, forcefully and cordially and may God’s “luck” be with us ; ). Blessings and best wishes.
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