Replies to post #653290 on NorthWest Biotherapeutics Inc (NWBO)

[flipper44]

Could you explain something? How could shares available to borrow thereafter “taken out of the equation,” be used to “cover immediately.”

Forgive my ignorance, but don’t they need to buy shares to cover?

The only way I can see your third (above) theory making sense, is if they needed to locate shares to borrow, because they originally shorted with no located borrowed shares (naked), so now they first had to locate them, before they buy shares to cover them.

[Jackxkr]

The shorts went down because they were sold .

[attilathehunt]

"During the last hour 8.300.000 shares is not available for shorting anymore"

And Fidelity's borrowed interest rate dropped another percent this morning.

Yesterday, the rate was 10.5% and now it is 9.5%. Over a 20% dropped in the last several weeks.

Looks to me the dark pools are covering their naked short positions...most likely the upcoming MTD decision coupled with the MAA submission is making them cover. It is unfortunate (if true) that they are getting off so easily.

The sooner the decision and submission the more they will burn.

Any day now.