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Nanotech Entertainment Inc NTEK
Posted On: 03/04/2016 9:31:11 AM
Post# of 96897
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Posted By: GoinSouth
Re: Sitting Bull #53713
Yes. I believe that there may be some MM's who got really greedy and are naked short on NTEK to the tune of 10's of millions of shares and possibly 100's of millions of shares. How do they cover that many short shares??? Well, with the volume at only 4-10 million per day and a good number of long shareholders still buying, you have to hold the price down for a very long time to find enough shares to cover. Of course, the best scenario for the naked shorter is for the company to go bankrupt. Why else would they be bashing this stock for so long?













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