Beartrap, I believe you're referring to Smith's articles similar to the one from Nov 25, 2022. I am familiar with Smith, like him, but note even in it he states his theory is just a hypothesis and he has no proof in support of it.
I Believe Northwest Has Been Hit Repeatedly a By Massive Stock Manipulation Scheme
"My hypothesis is that this paradoxical stock price crash was orchestrated by a group of hedge funds and market makers who I call the wolf pack. They orchestrated a bold and frightening effort to make investors believe that all of this unbelievably positive news was somehow negative by crashing the stock price. This manipulation of NWBO’s stock price was extreme, but in a less dramatic form this type of manipulation is a routine, daily practice used by the wolfpack to target many, many companies. This scheme relies on:
Illegal naked shorting
Dark pools
High frequency trading that can perform thousands of trade in a minute
The use of computer algorithms that use tactics like spoofing to steadily walk the price of a stock price down through the use of fictitious offerings, which is illegal
A steady stream of negative comments on social media outlets by wolfpack employees making up all kinds of stuff to make good news appear bad. This is intended to provide cover for the illegal trading.
Some people just can’t believe this is true and of course, I can present no hard evidence to prove my hypothesis. However, a close look at the trading of NWBO on May 10 certainly is consistent with my claim."