NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

Doc, it's been many years but I don't believe anything has changed. A company I was invested in went on one of the Russell indexes, that meant that certain Institutions had to take substantial positions. The day they go on the Russell millions of shares trade after the bell at the closing price as MM's have been accumulating shares for their Institutional customers. At the same time a major short position opened up. That company stayed on the Russell for two years and that huge short position was maintained the entire time. When the company went off the Russell, the short position disappeared. My point is, legally or not, the MM's had maintained a major short position, several million shares, for two full years. I suspect the stock may have moved up nicely if they had to close their short position, but instead they essentially created millions of dollars worth of stock that the company was never paid for. I can't believe that the SEC doesn't see actions like this, but they only seem to care if someone makes waves about it.

I believe that if the Judge finds the spoofing charges valid, the SEC could start to take an interest in what was going on.

Gary