InvestorsHub Logo
Followers 240
Posts 12369
Boards Moderated 0
Alias Born 08/14/2003

Re: VikingInvest post# 630429

Tuesday, 09/12/2023 6:16:54 PM

Tuesday, September 12, 2023 6:16:54 PM

Post# of 703712
I could be wrong, but I believe that the MM's routinely take short, and long positions, supposedly to maintain the marketplace.

Years ago, when a company went on a Russell Index millions of shares transferred to Institutions who had to have a position in those stocks. Simultaneously, a massive short position opened up. Years later it came off the Russell index and the short position was eliminated. To my way of thinking, one or more MM's established that short positions, essentially creating tens of millions of shares and maintained it for years. I don't believe that is the intent of how the MM's are to operate, but they are permitted to do so, and I suspect that substantial NWBO stock is in that status.

Gary
Bullish
Bullish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News