NorthWest Biotherapeutics Inc (NWBO)

[CherryTree1]

A Crazy Thought on what may have happened yesterday.
Many of us longs believe there have been large amounts of naked shorting of NWBO since 2015 and there are perhaps 100's of millions of naked shorted positions still to cover. As the theory goes they can drive the price lower by having parties collude on bid/ask prices where Party-A sells shares to Party-B and then Party-B sells shares to Party-C at a lower prices and the Party-C sell the shares back to Party-A and even a lower prices. They can do this with dozens of parties working together and drive the price lower. If they do it right and no one gets in the middle to buy the shares at the end of the day all the parties will still have about the same number of shares they started with whether they are real or naked share it makes no difference. Now high volume trading makes this type of collusion difficult but perhaps not with the sophisticated software that we know Knight already has. The same software that had the bug in it where they lost $460 million back in August 2012.

https://www.henricodolfing.com/2019/06/project-failure-case-study-knight-capital.html

With only a month between the RLP’s approval and its go-live, Knight’s software development team worked feverishly to make the necessary changes to its trade execution systems – including SMARS, its algorithmic, high-speed order router. SMARS stands for Smart Market Access Routing System.

SMARS was able to execute thousands of orders per second and could compare prices between dozens of different trading venues within fractions of a second.

A core feature of SMARS is to receive orders from other upstream components in Knight’s trading platform (“parent” orders) and then, as needed based on the available liquidity and price, sends one or more representative (“child”) orders to downstream, external venues for execution.

. . . so they don't even have to do the collusion with real people. We know they have software where they could create phony Party-A, Party-B . . . Party-Z as many as they want to create bogus trades to drive the prices lower.

If the Big Pharma thugs are looking to make a deal or market makers looking to cover naked short position they want (must have) the stock price as low as possible.

There is pure completely unfounded conjecture . . . but something that occured to me sleeping last night.