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  4. Nanotech Entertainment Inc. (NTEK) Message Board

u bring up important points. for the good of all l

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Post# of 96891
Posted On: 06/18/2014 6:03:52 PM
Posted By: PowerPuncher
Re: truthaboutcompanies #4822
u bring up important points. for the good of all longs. sometimes a stock can be pinned down (technically) while shorts manipulate the pps and take advantage of market conditions (delay, profit-taking, advanced market cap, flip/trading mentality, etc). their play is to continually work the stock ever-lower, create fear, distort facts, and cover shares (reduce risk) while keeping the stock contained (in a downtrend channel).

the psychology and results we've even witnessed on this board by some of the less experienced (and even clueless). but it is what it is. i may not like it. i might prefer things were different. people were more educated. self-motivated to learn and fact-check (for ex) but the reality is that price can lead people to bash their own investment.

i saw that happen with my own eyes. right here.

and we've seen the pps show recovery despite any news. product release. all the other stuff we were told must take place for the price to move. people do not know what they are talking about imv.

that is my opinion. now back to your question. once again, i may not like that this happened, but it did. i took advantage as have others.

i didn't bad mouth the stock to get the price lower. i don't believe in that. i just read the trend. experience is a great teacher. what can i do now but say thnx to those who contributed to the pps retracement.

i bought shares i did not expect to acquire. nothing to say but thnx to the sellers and others who helped make it happen. wonder how many coughed up their shares just when they should have been buying.

said that more than once over the last couple weeks. glad i could buy and support the stock. i still have powder in case we see any funny games.


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