NorthWest Biotherapeutics Inc (NWBO)

[HappyLibrarian]

It's about what the shorts don't know.

The shorts are probably hoping that NWBO is just over-promising and under-delivering again and that the new data will disappoint longs and receive a ho-hum from the markets.

But that is just a hope based upon past history not knowledge.

I think they're afraid that this time is different.

Remember, that this announcement with less than a week's notice left shorts in a bind.

If the shorts tried to close their positions too quickly they would precipitate the very price spike and short squeeze they were trying to avoid.

Thus they confined their efforts to price manipulation on the edges.

If they're right and the NWBO new data reveal fizzles, well then they contained the damage that a run-up on the rumor would have caused.

If they're wrong, they're just as out of luck either way and all they did was determine when the inevitable short squeeze would happen.