I`ve been trading along time, and learned some harsh lessons over the years, but I have stuck with it and have been incredibly fortunate from a financial perspective. I have gone over the reasoning behind my NWBO position many times now and why I`ve let it get so large, and I cannot find fault. I even feel some gratitude for AF`s bashing as it allowed me to get my average from 7.90 down to 6.86 .
Our potential is staggering , but I fully understand the media not covering our PR`s as can you imagine how many times they`ve reported on what turned out to be snake oil , and whilst I don’t think the media have any morals they know to report NWBO results now could leave them very open ridicule .
When it becomes apparent ( that will be prior to actual results being released ) that NWBO trials have changed the SoC for cancer the price will jump to levels that none of us will believe , When ICPT released its Ph1/ 2 results the analysts at BOA put a $400+ target on them immediately .... so just think about how L, D and Prostate would compare to ICPT`s single non alcoholic liver disease vaccine. Would it be x 2 , x 10 …x 100…. so $20, $200.....$2000 ..... why not ? ....( thats rhetorical you short losers , dont reply as your all on ignore ha ha ha )
Sentiment: Strong Buy
STEVEN.... I learned my lesson with CNDO...and ARIA....Under water on BOTH with large positions !!! MY DUM #$%$ really screwd up there lol... ANY advice would be appreciated :)-- the DUM #$%$ turtle again LOL
I have to be honest, I find it very troubling that you would invest so much money in this position considering you're disclosure that you're not wealthy and shop at thrifts stores. With all due respect, I don't believe you own that many shares. If you have large positions in other stocks as mentioned above it would only seem to reason you'd hire or consult a broker that does this for a leaving. I'm willing to bet you have less than 1k shares in Nwbo. Sorry just keeping it real.
Turtle, a good rule when "gambling" on these type of stocks is to not put in more money than you are OK with losing! We might hit a grand slam here (which I hope because I an long) but the odds are way against us in biotech and this really is a bet rather than an investment since no one knows how the data will come out in the end.
Sentiment: Strong Buy
I am learning from a select 5-10 Investors like you on this message board..... Thx much !!! I am an entreprenuer, but trading is WAY different than running a business, i have found out.. lol. You are very correct, it is passion, persistence, listening to your gut, knowing the REAL facts and alsi having some VISION.... Any technical books you recommend to a fairly new trader? Thx :)
Hi Turtle - there is only one book worth reading , it is Trading in The Zone by Mark Douglas , I actually only read it a few years ago but he nails what it took me 20 years to learn . Having said that my NWBO position IS NOT trading , its basically an indulgance !! and goes against just about every rule in the book !! Ha ha
"JAZZ" was 3 dollars a few years ago, look at the JAZZ share price now.
What about the fools who sold JAZZ at 10 dollars thinking that they were smart tripling their money when JAZZ went up another 1,500%!!!