Posted On: 04/09/2015 2:30:46 PM
Post# of 96892
I agree watch. Everyone will turn long shortly
The bashing has been increased, and it is pretty obvious that someone (or a group) is having as many basher's as possible attack NTEK the last month or so, and hey really pile on when it is down.
In my opinion, the group that was shorting this was doing it for 2 reasons.
Reason 1 is complete, they made money off of the drop in PPS.
Reason 2 is that NTEK was targeted because it has a lot of Longs and people that follow it. So the stock is VERY LIQUID for an OTC stock. The really profitable part is below
NOW the shorts, become longs. They buy shares at a price .012 (knowing that the stock is worth much more)
So by having all of the bashing/False rumors and False Info spread, the people that were shorting the stock, know that once they stop, NTEK will go back up. They know this because they were the ones holding It down!
So if someone, was able to short the stock and make a lot of money , or shares (which I think was the real goal and objective)
Remember $120,000 buys 10 million shares now. So the shorting/ also just b lowering the PPS made them and everyone who bought, a lot of money in the future!
The bashing has been increased, and it is pretty obvious that someone (or a group) is having as many basher's as possible attack NTEK the last month or so, and hey really pile on when it is down.
In my opinion, the group that was shorting this was doing it for 2 reasons.
Reason 1 is complete, they made money off of the drop in PPS.
Reason 2 is that NTEK was targeted because it has a lot of Longs and people that follow it. So the stock is VERY LIQUID for an OTC stock. The really profitable part is below
NOW the shorts, become longs. They buy shares at a price .012 (knowing that the stock is worth much more)
So by having all of the bashing/False rumors and False Info spread, the people that were shorting the stock, know that once they stop, NTEK will go back up. They know this because they were the ones holding It down!
So if someone, was able to short the stock and make a lot of money , or shares (which I think was the real goal and objective)
Remember $120,000 buys 10 million shares now. So the shorting/ also just b lowering the PPS made them and everyone who bought, a lot of money in the future!
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