Friday, June 03, 2022 9:08:46 AM
If the debate whether there is naked shorting whatever in the Great United States of America stock market, or in particularly has there been significant naked shorting ongoing against the tiny biotech nwbo may have some warrant after the maddening downfall of price from +$12 to mere $0.14 on suspected false trial fail narrative and before 10 May 2022, the eventful day when the suspected naked shorting footing AF again was "re-glorified" with the participation of all MMs that anyone can easily name them, with price dropped a whopping 78% on that single day alone on the backdrop of in effect the presentation of very good trial results at NYSA.
Not a single or several and in effect any funds/persons would buy a stock like a drunken sailor and then sold all in a single day as if the earth would no longer exist tomorrow. None, if not for one purpose and the only purpose which is to drive the company to bankrupt or practically for our case today to force the company to become a bottom fishing stock for acquirer(s).
Sound depressed, yes if you are a swing trader, but no one is a long-term holder. The evil force will let it go. They have no choice. Data is out, Not everyone is dumb enough to understand what these data sets as whole mean in terms of RA approval.
That eventful day and the trading after that day indicate the naked short wolfpack is indeed alive and well in our land, they will serve us well when time is come.
Those MMs actually are very funny. You cannot get the shares you want when there are no shares available. It's better to get it below $2 instead much higher.
Those money making machine (algo) will learn one thing or two soon.
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