NorthWest Biotherapeutics Inc (NWBO)

[rrflyboy]

Makes sense to me. I'm with Scottrade, and after reading these posts on Friday I went online to see what the highest sale price was I could enter. I'm 1/3rd in stock and 2/3rds in October options because I expect an acceleration of share price after ASCO and good news forthcoming on both -L and Direct over the summer. I started at $400 and got rejected due to the price being way outside their computer pricing algorithms acceptance (I'm not sure, but I thought I heard their system whisper something like "are you retarded?") I then stepped it down by $50 or so each time and got rejected all the way down to $35 a share. I stopped at that point because, not being a regular trader, or very experienced at all in this, I didn't want to get caught selling too low if a "short squeeze" did start next week and I missed the starting gun to that race.
I do want to punish the short sellers, even if Pyrr is correct and its by an unknowable amount. So, I formulated a Plan B as follows: 1) If/when good news is broadcast and a short squeeze starts, 2) price will necessarily rise and I will at some point see it, 3) Scottrade will thus readjust its pricing algorithms to accommodate the pricing changes, 4) I will start at $400 again and see where it takes me, but go no lower than $50 a share, 5) If my shares get sold, I'll exercise my October options, and with the cash difference (quite a bit) take a European vacation with my wife and save some $$ to help fund Flipper's idea about starting a shareholder funded marketing blitz of some type for NWBO.
It wasn't until recently I had even heard of a short squeeze so I researched it. I probably know enough now to be dangerous to myself, so this plan is for me and Scottrade alone. Friendly amendments will, however, be accepted by more experienced hands. Actually, unfriendly ones will too if they make sense. GLTA Longs.