NorthWest Biotherapeutics Inc (NWBO)

[Poor Man -]

Suppressive fire is not the primary goal, in my opinion. There’s going to be as much incoming fire as there is outgoing. Hence, I believe the late timing of the lawsuit is more to demonstrate to soon-to-be institutional investors that the company is willing to defend its stock price, presumably with having the resources to back it up.

And there might be some thinking that when they exchange into a new company, some of the NWBO legacy issues that Citadel raises might have less impact in terms of public and investor relations.

If it were part of a properly coordinated series the lawsuit or even just an investigation could have been PR’d before the JA/SNO to provide suppressive fire against any shorts and allow a big increase to happen.