My reply was not posted in full...perhaps because I did it on my phone.....
This is why the fudsters are around 24/7...
The shorts (most likely dominated by naked shorts) are only here to see the company go into bankruptcy. That is all that matters to them!!!!
While most short traders are in for more than 25 cents, the current batch of fudsters are here to DRIVE the company into bankruptcy. They have manipulated the price by spoofing and selling naked shorts in the hopes NWBO fails.
Think about it....If a short closes out their short position with a profit, there are tax consequences...If you short and NAKED short a company into bankruptcy you not only make money on the short but you never have to pay taxes on it, nor have to close the short (naked) positions. That is their game plan!!! There is nothing to buy back if the company is out of business. That is why you see the line item "Share sold but yet NOT purchased" growing on Hedge Funds Balance Sheets.
The shorts are in so deep, that their only hope for salvation is for NWBO to go into bankruptcy. It is plain and simple as that. There isn't enough volume here to cover the huge amount of naked shorts. The Hedgies are going for broke. All out effort to prolong the MHRA decision (guess who was behind all the challenges with the MHRA, shareholder lawsuit, Nemesis accusations, hit pieces, etc)? They can only win IF NWBO goes into bankruptcy. And they are not. They deserve what is coming to them....Forget the lawsuit against the MM's. Once approval hits and the majestic plan laid out by LP comes to fruition, then MM's will have no choice but to declare bankruptcy and then we will see them begging for a U S bailout.
Our time has come!!
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