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Nanotech Entertainment Inc NTEK
Posted On: 10/15/2015 2:03:06 PM
Post# of 96896
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Posted By: GoinSouth
Re: Waspatriot #35152
I think the naked shorts are the whole problem. I think they have been greedy and think they can forever manipulate any stock. It wouldn't be out of the question for NTEK to be 300-400 million shares short when you talk about how long this has gone on. I have never seen a stock have this many people bash it for so long. The MM's who are short a bunch of shares are starting to see the writing on the wall and need to start accumulating some shares to cover their short position. They see the NTGL price is going up and the more it goes up the worse it is for them. They can't go back and buy NTEK shares that get the NTGL distribution so all they can do is keep NTEK pps low and try to cover. You have to remember that these are greedy criminals. They already try to spread lies against NTEK and it wouldn't be out of the question for them to try even more desperate tactics.













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