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Poor Man -

11/08/22 10:25 PM

#529412 RE: Chiugray #529406

Two issues to consider before drawing a connection between low market cap and naked short selling.

The first, it’s very uncommon for an OTC stock that’s not also listed on another major exchange to have a market cap that exceeds $1 billion. So, there’s nothing unusual about NWBO’s mark cap relative to other OTCs. It’s actually quite good, all things considered.

Second, naked shorts can be tracked based on failure to deliver numbers and percentages. Every short sale has a buyer at the other end of the trade that has to be settled by a transfer of shares. It seems highly unlikely the number of FTDs even come close to exceeding the shares already outstanding. I’m sure there are weaknesses in the system, but nothing to that level.

Just consider this logically: if the market provided for such a high percentage of undetected FTDs, that weakness would be exploited across the entire stock market, leading to a breakdown in the entire system.
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jfr1611

11/09/22 4:38 AM

#529438 RE: Chiugray #529406

Good day Chiugray.

Nwbo has been naked shorted (NS) for more than 10 years!
On a normal day, NS represents ~40% of the daily volume.

Being listed on OTC, is an “open bar” opportunities for the hedge funds (HF).
Let me explain you how they proceed.

1- there’s ~50 HF with a market maker licences in the USA.
2- they have the right to sell ,0001 below the offering price.
3- they don’t have to “borrow” the shares and don’t have to put any capital on the trades.
4- they can use the cash from the naked shorting activities for their capital requirement…(that’s crazy!).
All that is legal, believe it or not!
That’s why these people (Citadelle for exemple) make spectacular performances yoy.

However, stock manipulations is illegal is when they work all together like “Wolfe pack”…does last May 10th remind you of anything?