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Chiugray

11/08/22 9:40 PM

#529406 RE: jfr1611 #529378

I would not be surprised if your friend's model, that there are 1.2B naked shorted shares of NWBO, is true. It is speculation for me at this point, but that extent of manipulation would not surprise me. Why? Because the stock price is so far unnaturally removed from the underlying value of the DCVax platform. IMHO, NWBO today, prior to regulatory approval, the value is at least 5X to 10X higher than the stock price. After RA approval, the value should further do a step value increase.

That equals a short position of $880M today (1.2B shares X $0.7385 price), not sure if that is a large short position for major hedge funds but the exposure to loss for sure is astronomical. And the years pushing down price and against an expanding investor base relying on published successful Phase 3 clinical trial results, that requires lots of shorting activity. So I would not be surprised at all of the required scale of shares shorted to keep price down.

Consequentially, I would not be surprised of a corresponding mega, short squeeze scenario either.
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Fireman02360

11/09/22 6:33 AM

#529443 RE: jfr1611 #529378

Nakes shorts cannot be counted accuretly. Therefore I cannot comment. I am not doubting your numbers. These naked shorts will have to cover unless they want to be driven into insolvency so this nakes short situation, if it is as large as your friend thinks, will only add rocket-fuel to the SP once the proper fuse is lite (PR Statement). I do know however, that legal shorts have been covering, and been doing so by the use of wash-trading by the MMs to put a lid on the SP. Wash trading has also been used for accumulation purposes as well. I am 100% certian of this.

-Fireman
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martyDg

11/09/22 10:34 AM

#529476 RE: jfr1611 #529378

There’s no way to find out naked shorting exist in NWBO until they release TLD or gets approval and share price hit the sky. If it doesn’t then it’s not real.