NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

There is no evidence to support their claim of illegal shorting. Right, "they should have proof." But they don't. There have been no lawsuits filed or formal complaints to the SEC - that I'm aware. Both of which would be expected after years of them complaining about the issue.

As pointed out by Ex,it's Finra's own members that would be exposed to the financial liability of executing trades on behalf of naked shorts, on top of the risk of being sanctioned and fined once that behavior was brought into the open. (Was Nasdaq also in on the conspiracy?)

Could it happen? Sure, anything is possible. But's it's farfetched, especially over many years. This theory would take a very complicated conspiracy involving multiple organizations working in lockstep to hide from public scrutiny (and the SEC) 150 to 200 million shares of short volume and failures to delivers that apparently are otherwise invisible.

The burden of proof is on Les to show the hard evidence. You would think that a company that had such concerns would hire specialists to conduct a forensic investigation and provide the evidence....that's what I would do.

Now to the question why would a BP not use naked shorting as a tactic? Well, besides the difficulty as described above and the paper trail it would leave over many years, BP companies don't need to engage in that kind of thing. They already have access to people in the political sphere, in government and regulatory agencies, and at various medical institutions and medical boards and committees. And it's those relationships (and conflicts on interest) that are the leverage used to undermine competitors.

The company has likely done this, if they are claiming numbers like 150 to 200 million shares have been naked shorted. In other words, they should have the proof.