now, now, just because you had your money tied up so long believing in jerry and bought at higher prices is no reason to be bitter. we spoke the truth throughout that period when so many were futilely trying to pump the price when there just wasn't anything pumpworthy. we spoke to that disaster, and were quick to speak the new truth when things changed. we went in with both feet on august 5th last year. check the volume that day. and here's a reminder of what you apparently don't remember or are trying to forget...
"meifud • Aug 5, 2013 11:35 AM
hakim knows how to work with FDA -- this is significant announcement along with latest Lincoln financing
we see an inflection point with his selection, along with the just announced new money from lincoln, and taking into account the terrific last quarter. the first two were completely unexpected as long as jt was in charge. the third is what we have been expecting for over a year -- nice to see elite finally getting some traction with all their little druglettes. now that elite will actually have a growing income stream it joins what we think is a special group of little pharmas trying to make it to the big show with some new blockbuster drug, namely, those with an underlying business.
it's going to be a long road, and there is still a ton of dilution to live through, but elite is no longer in danger of going under and will definitely move forward so we can all find out whether their two beads are worth more than two bits."
"Fact: Today's safety announcement specifically states that this "unblinded review was conducted in response to shareholder inquiries"."
where did you read that? the REVIEW was not conducted in response to inquiries -- the ANNOUNCEMENT was made by Northwest in response to inquiries. the DSMB isn't concerned about shareholders' angst. read the official PR below and join us in thanking Linda for letting us know that safety is not the reason for delay in the getting results...
"Northwest Biotherapeutics, a biotechnology company developing DCVax® personalized immune therapies for solid tumor cancers, announced today, in response to shareholder inquiries, that the Data Safety Monitoring Board (DSMB) has made an unblinded review of the safety data for the Company's ongoing international Phase III GBM Trial, and has recommended that the trial continue as planned."
one really has to conclude that they are wrestling between stopping for efficacy now or waiting until the next number of critical events has occurred. we think adam is way, way, way out there suggesting that it would be stopped at this late date due to not showing any affect -- nothing, absolutely nothing that has happened to date supports such a wild-eyed idea
suspect you meant .07 but point made
elite has more than a boatload of generics either pending approval or just waiting for approval of site transfer, most of which are minor but which taken together will make a strong contribution to sales
what is most important, and what so many newbies seem to not even bother researching, is the extent of elite's patents and unique technology that is potentially very valuable
they have already established safety and efficacy for what will be billion dollar drugs, and only need clear the abuse resistant studies (ironclad) before submitting to the FDA for approval
sounds like he belongs in jail
if not, he should be housed with hinckley
the guy is absolutely making things up and expressing them so affirmatively that they present as fact
opinion does not allow one to go anywhere and start yelling fire -- especially when they are trying to make money selling water buckets
there is no explanation because they are all false
adam had absolutely no basis whatever for any of those statements
nothing is botched, nothing is lost, there is no placebo, there is nothing to explain
adam may very well be taken to Court for those printed statements released this morning
looks like the shorts are still selling and creating new positions desperately trying to get the price down to where they can start buying and closing out
have to suspect there is substantial smart money waiting in the wings to let the short sellers create a better price for them also
if that is correct then the buyers in waiting and the shorts looking to cover are going to be in competition to buy at some price that should rapidly run from them
and that 14% of the outstanding shares -- plus what was added in the last few days AND what they added in vain this morning -- does not reflect the real magnitude of the short position in this stock because most of the stock is not even available for trading as it is held by the CEO and Toucan and Cognate
all they have done is created even more positions for themselves that now have to be closed out
who did they think would sell on such news???
certainly not the CEO or Cognate or Toucan or all the many true believers who see this as a company with a breakthrough, revolutionary technology
shorts simply missed on this one...
they are too smart for that
they know they made a bad bet this time and exit quickly to minimize their losses
but with so many shares owned by the CEO, and Toucan, and Cognate, and true believers, they are going to have to pay up to get out because others are wanting to buy and very, very few are wanting to sell
this could snowball quickly given the large short positions taken earlier plus the big increase of the last few days
well, between her and Toucan and Cognate there really aren't that many shares floating around
and that means that the short percentage being reported is much, much greater when viewed in terms of the number of shares actually available for trading -- possibly over 50%
also guaranteed that the short position soared in the last few days as they struggled in vain to drive the price down to where they could get out of their already huge position that needed lower prices for them to close out
shorts now know they cannot possibly drive it down
they have no choice but to start covering that 14% position they had developed according to the last bi-weekly report PLUS all the new positions they started with all the selling the last few days
they don't lose often but they made the mistake of seeing Northwest as just another imuc
only thing better would be stop for efficacy now
we no longer have any concern whatever for how long the efficacy results take
this was a courtesy announcement this morning
they were not required to announce partial results
this was done due to the increasing angst expressed by shareholders
thank you, thank you, thank you!
some have asked why the sudden drop after such a strong rise
well, the rise made the fall inevitable as we explain below but what is more important is that the magnitude of the fall was not as great as the rise, and this sets the stage for a much stronger rise now
have to understand that shorts were already holding a 14% position after consistently increasing their positions since mid-October based on bi-weekly reports
with the stock driving into the seven's on strong buying, and with results due out any day, shorts had to act to quickly to drive the price down so they could close out all those positions that were under water
so they sold, and sold, and sold, establishing new positions like there was no tomorrow -- and the stock got driven back below six
but it was not enough to allow them to buy back and close out their earlier positions
so now they are left with a whole lot of new positions added to the old 14% and good news (continue) is going to put them far up the creek without any paddle
longs are now in the driver seat as there is very, very little chance of imuc-like results for Northwest
unfortunately, it is pretty easy diagnose already, and there is nothing to be done anyway
btw, that outfit that advertises all the time, 'a place for mom', does nothing that the family cannot do for themselves with a phone book or on the web, and they get paid by the facilities to do it
you will just get the pat response that they have 72 hours to make an announcement if and when they get the results
but i think Linda should follow up her previous two time frames with a new statement that acknowledges they really don't know of any reason it is taking this long and that they really don't know when the results will be available -- and sorry for having suggested time frames before
after all, she CHOSE to throw out those time frames, so now she should pull them back
and, make no mistake, i like Northwest and plan to be here a long time but this has happened before with this company (missing a deadline that never had to be set in the first place) and it was quite frustrating then, as it is now
tell us, swami, why did you feel a need to post such a prediction
or tell the world how many shares you own
perhaps if you stop wasting time on the computer you were provided to do your work, you will be able to buy more shares next time