NorthWest Biotherapeutics Inc (NWBO)

[alphapuppy]

Hey Board. Want to pick all of your brains for some insight. My brokers keep sending me info regarding their fully paid lending program.

Since all of my shares are in cash account and not a margin accounts, they offered to give me an interest rate or something like that if I allow them to lend my shares.

I assume that they will lend them to shorts who pay the interest payment. They then share that payment with you and they keep half the broker. It does seem to possibly give you some income but what I’m worried about is what are the risks.???

I know the shorts will use the lent shares to pressure the shares down in price. But aside from that I wonder what other potential risks there are.

Does anybody have any experience with this? And they say I can’t lose my shares and that I can sell at any time but I’m wondering if the downside is that shorts will just steal (ie “go bankrupt”) my shares or not pay them back if the stock does go up? Anybody have any insight on these type of brokerage programs?