Posted On: 05/22/2014 4:04:36 PM
Post# of 96881
Did you see the close?? changing underway
The MM's keep undercutting the Ask to lower the price, they almost got caught today.
Which means I wouldn't count on shorts risking too much tomorrow.
Those who gain are short, if it goes down they just make that money,
But if it goes up, they have to cover and buy the shares!!
AS you have seen before NTEK can easily go up 25% or 100% in a day.
The risk is very high for shorting any penny stock, let alone this, which is one announcement from easily doubling!
The MM's keep undercutting the Ask to lower the price, they almost got caught today.
Which means I wouldn't count on shorts risking too much tomorrow.
Those who gain are short, if it goes down they just make that money,
But if it goes up, they have to cover and buy the shares!!
AS you have seen before NTEK can easily go up 25% or 100% in a day.
The risk is very high for shorting any penny stock, let alone this, which is one announcement from easily doubling!
(0)
(0)Scroll down for more posts ▼
