Posted On: 06/06/2016 10:39:36 AM
Post# of 96891
I agree with Disco Bob.
If there is a RS what's to prevent the naked shorts to drive it back down to sub-penny levels. Right now the point of resistance has been .0025. I'm concerned that this will happen after the RS except I will no longer be a member of the million share club. I have a lot of faith in NTEK and have been long for over 2 years. I would buy more shares now and so would others but if i'm correct in my thinking then I would be better off buying after the RS if the naked shorts drive it back down to present levels.
Can someone explain to me how the RS will prevent this from happening and what other benefits it would have?
If there is a RS what's to prevent the naked shorts to drive it back down to sub-penny levels. Right now the point of resistance has been .0025. I'm concerned that this will happen after the RS except I will no longer be a member of the million share club. I have a lot of faith in NTEK and have been long for over 2 years. I would buy more shares now and so would others but if i'm correct in my thinking then I would be better off buying after the RS if the naked shorts drive it back down to present levels.
Can someone explain to me how the RS will prevent this from happening and what other benefits it would have?
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