I believe this post on another board explains what
Post# of 96874
Monday, 05/12/14 02:33:22 PM
Re: None
Post # of 190347
Shame, NTEK LONGS getting greedy (I am long)
What is happening is the Longs (not all) are really helping out the shorts and destroying the companies growth and value!
The reason it is going down at all is because people are getting too greedy. Your hurting yourself overall and everyone else
When you keep asking who is selling. It is actually NTEK Believers and Supporters.
They are selling example 1 million shares to lower the price so that they can buy 3 million at a lower PPS.
It may seem like a good idea but you have to think it through. You are driving the price of your own shares down.
Your shares would be worth incredibly more had you not been doing this!
Also for acquisitions, they go by value (and or share price)
So you are crippling NTEk's ability to do business. If they agree to give a company 5 million dollars worth of shares for a 5 million dollar company!
Your making them give shares that are priced at 5 million dollars but worth incredibly more
As for my example above your 1 million shares would easily be at .21 probably much higher (you would also receiveda much higher dividend) instead of 3 million at .07 (and allowing shorts to stay around).
NTEK longs stick together and lets get this company to a fair valuation, so that is not manipulated so much and the huge investors start coming in!
Good luck to all. Ntek long and it will be exploding after the meeting. Do not assist people in driving down the price!