Replies to post #795876 on NorthWest Biotherapeutics Inc (NWBO)

[Chiugray]

Maverick, Ok. Here's my best attempt to decipher your deep riddle.

IF one is truly a studious market savvy observer you may notice especially in the last six months, the top 5 daily % Winners

Correlate that to Outstanding Shares
". ". ". # LEGAL Shares SHORT

Therein lies THE ANSWER
…
ALL based on firsthand direct professional experience & exposure with CEO of Pershing, now a part of Bank if NY Mellon
discussing Stock Loan Depts
DIFFERENT STROKES for DIFFERENT FOLKS

The simple answer:
- When the collateral (stocks) used in shorting NWBO goes down, the market maker’s collateral value declines. To reduce risk/offset, they buy back some NWBO shares, to lower their short exposure.
- So the Top 5 daily % winners refers to the collateral stock a market maker uses.

Example to illustrate:
- A client to MM wants to short NWBO shares but with little/no collateral and high leverage, so they use a synthetic derivative contract (options) to achieve this type of short exposure. To not have to directly borrow shares, they will pay high fees.

- The market maker (MM) creates this synthetic short position (customized for client) by selling this options contract to the client. The MM takes the opposite side (long) of this option (to earn the high fees, will hold the exposure).

- To hedge the risk they have in this synthetic short, the MM needs to short the actual underlying stock (NWBO shares) in the market.

- To legally not be naked, the MM borrows shares from brokerages (because retail accounts are margin accounts)

- However, to meet margin and collateral requirements, the MM uses shares of a large, liquid stock they own, say Merck as an example, to collateralize their borrowing (to short) NWBO shares.

- If Merck’s price drops (as it is one of the daily top 5% gainers/losers), the MM's collateral value declines, weakening the MM's position.

- To rebalance and reduce risk, the MM buys back some NWBO shares, lowering their short exposure, because their collateral backing has shrunk.

[maverick_1]

HUGE DISTINCTION BTWN LEGITIMATE SHORT Selling VS a MANIPULATION SHORT

Zero in on the two screenshots:

$NWBO $TNXP #DEEP VALUE EMBRYONIC’s & MANIPULATED

vs

Discovered Overvalued mid life crisis WW consumer recession$TSLA $AMZN $AAPL $SBUX $CMG 

Why a Maverick_1 pic.twitter.com/Ab3mbChF4w

— maverick_1 (@maveric92283613) April 20, 2025

Way BEFORE most posters even bought NWBO I TANGLED for two years 2015-2017 with exwannabe on this board & he even followed me where I posted on BioTech Values & exwannabe countered my post on Biotech Values

BTW I have had more interactions with their KEY moderator Dew Diligence than any NWBO poster as I follow many Biotechs vs many here just NWBO or just a few.

Dew Diligence by the way is buddy buddy with Adam FRAUDSTEIN.

2.5 years ago I posted 5 different biotechs that were impacted by NAKED SHORT TRADING: where each had 7 to 20 times their shares traded on ONE DAY versus their Outstanding shares.

Dew Diligence DELETED those posts which CITED:

The MARKETS are RIGGED

This post is in response also to:

DANISH DUDE re exwannabe

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176891540

Why
DIFFERENT STROKES for DIFFERENT FOLKS