NorthWest Biotherapeutics Inc (NWBO)

[VikingInvest]

Just my observation on a very interesting day. MM's have sold well over 500k shares at 0.799 or slightly below in last 90 minutes. I can't tell if it is intra MM trading or if it is a short position or two trying to keep the SP down. In the past, they would have let it run because they felt certain that they could suppress the price at a higher level. It seems to me that they are aware that severe price suppression is likely not something available to them in the future, so they are either doing a last ditch attempt to cover, which is failing if it is retail buying their shares and holding, or they are preparing for a last ditch bear run. If it is just MM intra trading, they are trying to see if retail will fall for it and sell some shares because it looks like it won't go any higher in the near future. It is really interesting to see and I do not think they will let it run prior to any serious news. I do not see the $1+ level getting there prior to news. I have felt pretty confident that they have been trying with all their might to cover at these levels. Just because the official short number has not gone down, it doesn't mean they have not covered. They are likely holding on to their borrowed but covered shares and willing to pay the interest rate so they have shares to use now and for future attempts to suppress at higher levels. I highly doubt that there's actually over 20-M shorted shares at this point. It is in their interest to artificially keep the official number higher and not look like they have been covering.

JMHO