Friday, July 11, 2014 10:07:14 PM
This makes the most sense to me-
"Dark Pools" are UNregulated to remain inconspicious! are are therefore developing sideshows of NYSE or NASDAQ.Their modus
operandi is invest heavily in software/servers etc to get a technology edge. They need to really CRANK UP the volume to
sustain institutional visibility especially for the super active hedgies. Since the naked short selling law was updated last (2009) illegal naked short selling has to face delivery of shares no more than 4 days based on a quick read. PERHAPS it's the business need of these Dark Pools to provide service to the need for their customer (active short hedgies) by cranking up VOLUME where they fabricate shs hoping? lower price when need to deliver those shares.
Pls recognize any of the above may be subject to revision as this has been a DARK AREA for me: until this NWBO situation and reading thru DesperateCapturedotcom did it remind me of what I went thru!(pre 1990 when it was sub rosa!)
BTW on your AMTRD acct: Glad you admitted recently that there were no changes in the margin requirements for NWBO!
Clearly those firms that lend out their customers shares do it as a KEY profit center for the firm. A brokerage firm makes it money from any type of underwriting; trading volume thru all sorts of security instruments and stock loan; interest income (from margin accts). As I recall, the stock loan department for the defunct Bear Stearns was one of it's biggest profit centers: Bear Stearns even offered office space to active hedgies. Perhaps the SEC and regulators turn a blind eye politically since there is so much money generated until the recent events of Barclays found along with others of rigging LIBOR rates; FX currencies etc which are many magnitudes over that of naked short sales. That's my intrepretation (subject to refinement).
Comments recently that Charles Schwab;eTrade; does not allow NWBO shrs to be marginable is to protect their customers from biotec violatility and margin liquidations.
Recent NWBO News
- Biophma Announces Exclusive In License for Dendritic Cell Technology, Sending Shares Higher • AllPennyStocks.com • 06/17/2024 04:40:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2024 09:11:16 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 06/03/2024 09:22:55 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 05/22/2024 08:13:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/10/2024 09:04:57 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 03/01/2024 10:04:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/02/2023 01:31:35 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:11:54 PM
- Epazz, Inc. (OTC Pink: EPAZ) ZenaDrone Demonstration to Defense Departments of UAE and Saudi Arabia • InvestorsHub NewsWire • 11/15/2023 12:19:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/09/2023 09:30:39 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 • InvestorsHub NewsWire • 11/09/2023 01:00:34 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration ZenaDrone 1000 Extreme Weather Demo • InvestorsHub NewsWire • 11/07/2023 12:29:43 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2023 08:36:14 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM