Posted On: 05/08/2015 4:54:13 PM
Post# of 96891
Re: Sitting Bull #14858
Today's Selling was NOT a BAD THING, Most Stocks Would have similar things!
Today there was some people that SOLD/TOOK PROFITS after 100% GAIN!!!
So it is QUITE POSSIBLE that THE REAL REASON NTEK WENT DOWN TODAY WAS BECAUSE OF IT'S OWN AMAZING WEEK!
People ADDED a lot of shares the last few weeks! MANY FLIPPERS/TRADERS also REALLY PICKED UP THEIR NTEK VOLUME!
But PROFIT TAKING after 100% gain, is normal market activity!
Also If people sold A PORTION OF THEIR HOLDINGS, but HELD the MAJORITY of their shares, it means THEY ARE STILL LONG AND BULLISH, just may have had too much money in one stock for their liking!
We don't know that ANYONE who is an INVESTOR REALLY SOLD THEIR LONG POSITION! Also with a 100% gain... that is a time when MANY SHORTS, know that there could be some selling/profit taking coming... And they may have shorted at .026!
OVERALL $NTEK AN AMAZING WEEK... AND HELD UP STRONG
truthaboutcompanies
Today there was some people that SOLD/TOOK PROFITS after 100% GAIN!!!
So it is QUITE POSSIBLE that THE REAL REASON NTEK WENT DOWN TODAY WAS BECAUSE OF IT'S OWN AMAZING WEEK!
People ADDED a lot of shares the last few weeks! MANY FLIPPERS/TRADERS also REALLY PICKED UP THEIR NTEK VOLUME!
But PROFIT TAKING after 100% gain, is normal market activity!
Also If people sold A PORTION OF THEIR HOLDINGS, but HELD the MAJORITY of their shares, it means THEY ARE STILL LONG AND BULLISH, just may have had too much money in one stock for their liking!
We don't know that ANYONE who is an INVESTOR REALLY SOLD THEIR LONG POSITION! Also with a 100% gain... that is a time when MANY SHORTS, know that there could be some selling/profit taking coming... And they may have shorted at .026!
OVERALL $NTEK AN AMAZING WEEK... AND HELD UP STRONG
truthaboutcompanies
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