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Re: Chiugray post# 603554

Wednesday, 06/21/2023 7:23:54 PM

Wednesday, June 21, 2023 7:23:54 PM

Post# of 688852
I don't think it makes any sense to speculatively short nwbo stock. What if much of the 40m share short position is hedging activity by the "friendlies" financing the company? Two positions make sense:

1) Long "C" Preferred, short common
2) Long warrants, short common

There are past instances where the nwbo common Shares Outstanding increased at the same time warrants outstanding shrunk, so there is history to support the idea.

Some folks will argue against this because it invalidates a couple of popular bullish narratives.

1) Linda Powers would not be trying to trap shorts when they are her funders.
2) There would be no potential for a short squeeze.

But it makes a whole lot more sense than speculatively shorting a 60 cent stock.
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