NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

The strange thing is the suit alleges manipulation of just 49 million shares over five years and not the hundreds of millions the company and its warrant holders likely released into the market.

It'd be interesting to know if Citadel and the others had a heads up on when the warrant holders were selling.

>>34% of trading days

5a%...That's not much in the scheme of a things for an OTC penny stock.

>>Average price decline less than 5%

So also on that day they announced that L failed PFS even presenting a slide, and Liau was a no show. Tough case to make.

>>NWBO shares from a high of $1.73 to a low of $0.3862. This staggering decline of 78% in the price on a day with extremely positive news about the Company was caused by Defendants’ relentless and brazen manipulation of the market for NWBO shares.

But does it when warrant holders are converting and flooding the market with sell order?

>>bona fide market making, which involve purchases and sales in roughly comparable amounts to provide liquidity to customers or other broker-dealers while remaining roughly market neutral.

I suspect the defendants would be entitled to discovery on exactly when warrant holders were dumping??

It's still not clear to me when the company discovered the spoofing, did they suspect back in 2017-18 or just recently?

Good day.