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Nanotech Entertainment Inc NTEK
(Total Views: 386)
Posted On: 04/03/2018 10:23:35 AM
Post# of 96900
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Posted By: GoinSouth
Re: Addiction2money #89262
There has to be lots of counterfeit shares out there or they would have given up on bashing NTEK a long time ago. They know they can no longer drive NTEK into bankruptcy so they are keeping the pps low so they can accumulate shares to cover their short position. The problem is that there aren't enough shares for them to get. Most longs are holding on and the volume is to low to get many shares. I would guess that there are anywhere between 10 to 20 million shares short. When NTEK was diluting, they smelled blood in the water and some of the MM's got really greedy. They can make a lot more money on other OTC stocks now, and would just move on, but they have to try and get shares to cover their short position now that NTEK is on solid financial ground.













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