SmithOnStocks has a new blog, about another small cap company that has been hurt by naked short selling, but that has a nice short summary of how the hedge funds manipulate small caps stocks.

https://smithonstocks.com/northwest-biotherap...-buy-1-59/

Quote:

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A hedge fund that is short a stock publishes a report designed to panic investors; the preferred venue for this is Seeking Alpha. Then a wolfpack of closely tied together hedge funds rush in to short the stock and the investment banks sell huge amounts of phantom stock via illegal naked shorting that can overwhelm buy interest. The manipulated weakness in the stock then validates the wild, negatively biased report from the hedge fund. The intent is to shatter investor confidence and create a downward spiral in the stock. The holy grail for these thugs is to bankrupt a company.

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