Replies to post #71086 on NorthWest Biotherapeutics Inc (NWBO)

[BWIS]

Even "wealthy" Woodfords money couldn't fight off the "suicide" short selling, naked short selling, and coordinated selling that was and is happening to NWBO. The fact that it happens at all is a crime against capitalism and a cancer to a market economy. Those who do this and support it should be gored by a street mob. Even for 1 share.

Quote:
So you don't think every wealthy investor out there wouldn't have a field day picking off hedge funds who blindly short just because they can? Oh please. Capitalism doesn't work that way. It always finds a way
Bingo! You are one smart cookie Curve! It is almost funny to think that people blame the shorts for what has caused this ultimate collapse, my question is how did it make any run whatsoever in the first place? Buying above Market by Woodford coupled with some good term raises, that's all it takes to make a stock go up (but nobody calls that manipulation). The problem is outside of the retail longs, Woodford was the only person of substance that believed/fell for the NWBO story and that didn't last long!

The company could address questions, concerns, and further explain data to blow the shorts out of the water. They don't because they can't.

[learningcurve2020]

FiduciaryDoozy and I learned our lessons the hard way, believe me. At this level of investment there doesn't appear to be any rules on the books to protect shareholders from abuse by management. And Delaware law evolution really made it all much worse then when we first started out investing more than thirty years ago. Management now basically has a get out of jail pass for almost any offense.

Then you have government regulation, which I believe makes things worse too, as it lulls investors into thinking someone has their back when, in fact, it all becomes "pay to play". Think FDA in the name of research taking investors for every penny possible.

Naked short is a prime example. Government has done little while claiming to clamp down. It's really up to management and shareholders to fight it, assuming they are not part of it, of course. The destructive behavior has been around a long time now so there's absolutely no excuse for not countering swiftly.