Posted On: 06/12/2014 3:56:00 PM
Post# of 96892
Agreed it may fall a little more but then shorts have to leave
It seems that there are a lot of shorts that have gained a lot of power due to the recent fall.
They have been making a lot of money off of the PPS dropping..
That is bad because it gives them a lot more power to Manipulate the price.
However I believe eventually that these shorts will be converted to longs or leave a t a certain price!
Imagine if it gets down to .03 or .02 whatever the number is... THIS IS JUST AN EXAMPLE
The shorts have to abandon shorting the stock, The risk is just too great, of the stock then going up (as you have seen in the past a couple 100% in one day)
ONE ANNOUNCEMENT COULD LOOSE Them 4 times their money or MUCH MORE in JUST ONE DAY
I DO NOT BELIEVE WE ARE AT THAT POINT YET HOWEVER
At this point SHORTS will either become longs or just leave the stock. (think about it, if you know that you shorted the stock and DROVE THE PRICE DOWN to a point where it is SO UNDERVALUED, it is an artifical price:
There options are to buy an under priced stock or abandon NTEK with their short profits.
THE REALLY IMPORTANT QUESTION IS WHEN IS THAT POINT, TO WHERE IT JUST BECOMES A HORRIBLE BUSINESS RISK TO SHORT NTEK???
THEN it will skyrocket up!
It seems that there are a lot of shorts that have gained a lot of power due to the recent fall.
They have been making a lot of money off of the PPS dropping..
That is bad because it gives them a lot more power to Manipulate the price.
However I believe eventually that these shorts will be converted to longs or leave a t a certain price!
Imagine if it gets down to .03 or .02 whatever the number is... THIS IS JUST AN EXAMPLE
The shorts have to abandon shorting the stock, The risk is just too great, of the stock then going up (as you have seen in the past a couple 100% in one day)
ONE ANNOUNCEMENT COULD LOOSE Them 4 times their money or MUCH MORE in JUST ONE DAY
I DO NOT BELIEVE WE ARE AT THAT POINT YET HOWEVER
At this point SHORTS will either become longs or just leave the stock. (think about it, if you know that you shorted the stock and DROVE THE PRICE DOWN to a point where it is SO UNDERVALUED, it is an artifical price:
There options are to buy an under priced stock or abandon NTEK with their short profits.
THE REALLY IMPORTANT QUESTION IS WHEN IS THAT POINT, TO WHERE IT JUST BECOMES A HORRIBLE BUSINESS RISK TO SHORT NTEK???
THEN it will skyrocket up!
(0)
(0)
