Posted On: 09/30/2014 12:32:55 PM
Post# of 96897
Exactly, That was my opinion
I am not sure if NTEK really sold off because of ANYTHING TO DO WITH THE STOCK!
When a stock goes up 100% in 2 weeks and about 50% in a few days, some people HAVE PREDETERMINED LEVELS where they will sell off AT LEAST A % of their holding!
It seems the Shorts used this to their advantage and shorted on a day after a HUGE RISE, knowing that at least some people would Sell Regardless!
So basically my question is, if anyone can help, did NTEK lose any value due t any NEWS OR ANYTHING ANYONE HEARD?
Otherwise it is just behaving like a VOLATILE STOCK with a pretty good base!
I am not sure if NTEK really sold off because of ANYTHING TO DO WITH THE STOCK!
When a stock goes up 100% in 2 weeks and about 50% in a few days, some people HAVE PREDETERMINED LEVELS where they will sell off AT LEAST A % of their holding!
It seems the Shorts used this to their advantage and shorted on a day after a HUGE RISE, knowing that at least some people would Sell Regardless!
So basically my question is, if anyone can help, did NTEK lose any value due t any NEWS OR ANYTHING ANYONE HEARD?
Otherwise it is just behaving like a VOLATILE STOCK with a pretty good base!
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