Replies to post #696012 on NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

That’s low. NWBO, however has stated, very recently, there is no bad news from the MHRA,
and no news is good news, but they also stated in their 10q they could not give interim updates on the maa evaluation until a decision is made.

The bills continue, but I am surprised NWBO elected to take a financing rather than a loan, but either one, loan or financing, without the ability to give the financier clear answers, would require share price sacrifice and/or bad loan terms. Silence is painful.

[kabunushi]

Only a 10% discount in fact. Front running selloff? Obviously so. Even a 10% discount to the market seems like an insult to longs [and you can get the bashers will pronounce that this deal was horrendous] but the actual discount was NOT .49 discounted to .40, it was a 10% discount off the price bottom achieved on 5/29, the day the price was settled. And zero warrant coverage at the 'insulting' price makes this seem like a pretty decent deal especially compared to getting reamed with a 100% warrant kicker in addition to a hefty discount - the terms NWBO had to accept for a long time when they were financing at the deep bottom when the stock price was in the .20s or below.

We've seen this play many times before. The pattern of drop, drop, drop, settle a deal then the stock recovers sharply only to get hit hard again once the deal is announced at a very big deal to the largely recovered pps set after the deal was priced some days prior to the 8-k. Off of today's close the discount seems quite excessive, but given that the offering price was set on 5/29, it was at a 10% discount off of a continuously dropping price. Bashers will try to convince us that NWBO was deeply screwed, and to a certain extent they were squeezed hard but I believe that the nature of this end of the capital market makes it inevitable that it will play out like this one did because you can be sure that word gets around when anybody is shopping a deal with the players in this market for cash.

The trading into and post 5/29 stinks like hell - especially with the complete falloff in volume right after the price was set! There is a reason for this pattern. Even if the buyer of the deal wasn't shorting the stock into the pricing, I believe that the fact that NWBO was shopping a deal cannot be kept a secret as long as they were talking to more than one banker. It should be illegal for the buyer of the offering to short the heck out of the stock into the deal but please don't try to tell me that something like that isn't what happened - the price and volume action into the pricing make it clear as the nose on your face the dynamic that happened.

[Smitty5150]

Yes. Offering a discount on the common isn't that encouraging. If they paid a premium on the private placement it would be a different story. I guarantee these shares end up being sold on any rise in the SP. They are looking for 10-15% return real quick. They could be unwinding some shares as we speak. Seen this type of shit before and smart enough to recognize it. NW gets its $3M in the cofers and SIO gets its $200,000k-$300,000k return, all in short order.