Posted On: 06/25/2014 3:28:41 PM
Post# of 96892
Re: intelligentPMC #5380
I tried explaining to people Everyone gets shares at that price if you allow it.
That includes shorts and flippers. So they can dump their shares at a huge profit.
Flippers are called flippers because they make their money quickly, and do not hold onto shares long term, they flip them.
So if they are selling them at .08 because they bought them at .04, it may have nothing to do with the company. It may just be a short play to double their money!!
Some people are having trouble letting go, your options are to average down. If you paid .17 for an NTEK share, you can buy more, if you have money too, at whatever the price is and average down!! I think NTEK is going to go back above .17, so you can hold on long and just wait for the audit. Collect your dividend, buybacks will increase the PPS.
At least wait for that before screaming that you were scammed or misled!
That includes shorts and flippers. So they can dump their shares at a huge profit.
Flippers are called flippers because they make their money quickly, and do not hold onto shares long term, they flip them.
So if they are selling them at .08 because they bought them at .04, it may have nothing to do with the company. It may just be a short play to double their money!!
Some people are having trouble letting go, your options are to average down. If you paid .17 for an NTEK share, you can buy more, if you have money too, at whatever the price is and average down!! I think NTEK is going to go back above .17, so you can hold on long and just wait for the audit. Collect your dividend, buybacks will increase the PPS.
At least wait for that before screaming that you were scammed or misled!
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