They have no shares to sell. Yesterday short percentage
They have no shares to sell. Yesterday short percentage was 35%. Couple that with the wash trades that they use to hold down the price and lower the short percentage at the end of the day speaks volumes. Making that gap between the bid and the ask is being utilized to try and slow buying but they will raise the bid quickly if a few large buys go through in spite of the spread.
Had some fun yesterday at the shorts expense by placing a 60 day GTC for some of my shares at $3.50 each. I expect to pass on my shares to my grandchildren but I loved sending the shorts some sign language if you know what I mean. Go NTEKD!!!
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Nanotech Entertainment Inc. (NTEK) Stock Research Links
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