NorthWest Biotherapeutics Inc (NWBO)

[Dan88]

Actually there are more naked shorts with nwbo because nwbo is trading in OTC thus it's wild wild land there is not sheriff, and its share price is so pennies that nobody is serious to borrow or lend shares to borrowers, or simply it's infeasible to illegally short the stock as other normal stocks. The ones that are naked shorting the stock are MMs, major brokerage houses, a few big sharks that have the backing of some major brokerage with a long profitable relationship that they have mutually developed over years.

The motives of all this is of course to make money. According to statistics models, more than 50% of times the do make money by shorting development stage biotech companies, particularly on the eve of a binary event. It's as simple as that, let alone with a company with too many controversies like nwbo with a CEO with bad reputation like Linda.

So they naked shorts, carry and shift the deficit along in a flowing book manner, aided by so-called reg exemptions if SEC or anyone dares or is interested in having a look at their books.

Linda understands this very well judged by her action regarding suspension of almost 300 millions of potential shares worthy of warrants and options until November.

So in case the trial data are positive. They will try myriad tricks to cover their faked naked short scheme, eg, from about $0.5 all the way to $5, or even $15 at the peak, and then as investors unload shares to lock profit, they can finally cover all their asses in a range of about $3 -$6.

After that the same actors would play the role of longs, pumpers, and the price will continually rise.

Net net they will still make money so it's a perennial winning strategy if anything or most of things goes by their play books.

This is obviously part of penny stock investing in North America. I have known this for a long time.

BTW I bought yesterday as promised, and intend to buy today as well. I expect stock price will start rise maybe later today or tomorrow as data lock announcement is imminent.