Replies to post #698085 on NorthWest Biotherapeutics Inc (NWBO)

[attilathehunt]

Here is a simple way to look at it....


If a company has 1B outstanding shares and a MM sells 1B naked shares....How many shares can vote?

The answer is 2B...So, if there are only 1B outstanding shares and voting comes in greater than 1B, then you know there is a naked position.

In this example you would need greater than 51% of shareholders to vote...If only 40% vote (which is the average) that would indicate 800M shares voted(using my example) ...At the 40% participation rate, it would be nearly impossible to size up the naked short position.

[ilovetech]

Then why not put out a call for voting on something every quarter with specific reasoning as an exercise to flush out potential naked shorts? That would earn full-blown shareholder participation if that was a viable method to protect the SP. Or someone like Wes would spearhead the recommendation as someone with credibility in this area?