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Nanotech Entertainment Inc NTEK
Posted On: 04/30/2015 7:46:31 PM
Post# of 96892
Posted By: AlanC
Re: AlanC #13550
Actually I have no doubt that the short percentage was much greater than 11% today. Wash trades which are manipulative trades done between market makers to lower the share price and simulate selling accounted for much of the 89% which were not designated as short trades. This is done to both lower the short percentages and to lower the price which decreases the carrying costs for those that are short. The shorts are in big trouble with both NTEK and HVELD and virtually all trades on HVELD are wash trades at this point. Those short are now only in control of the price since we have taken away their influence on the message board. Patience required but we are in the catbird seat and shares accumulated at these prices are golden imho. Go NTEK!!!













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