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  4. Nanotech Entertainment Inc. (NTEK) Message Board

i posted a report. no previous buying via otcbb da

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Post# of 96892
Posted On: 08/10/2014 3:00:22 PM
Posted By: PowerPuncher
Re: Sitting Bull #6947
i posted a report. no previous buying via otcbb data. i estimated no more than 500,000. but we have no way of knowing at this time. we'll see if a trend develops and monitor bb data.

any private equity firm interested in taking a position is likely to be discreet. however, when a position (for arguments sake) can not be built between the spread, the mm is forced to either:

- route orders through other mm's (which we'd have no way of knowing whether they have or have not)

- or be seen. by taking top bid (which was observed several times friday). anyone watching L2 saw exactly what these guys were doing.

buys advanced sells

and the only time i saw them on the ask was with a 10k order. squeezing the spread. while also on the bid with 100k.

anyone with any experience whatsoever knows what that suggests. as close to being able to prove something, at this stage, as one can get.

we'll see what develops. could be nothing. could be something. the facts suggest it be observed for further scrutiny. until hard data can confirm. what speculating is all about.

its worth mentioning that a mm/equity firm like them. who's already built a position, might also want to be seen. the stock has been pooped. lots of bullcrap analysis and bashing. there is such an investment strategy as "poop and scoop"
http://www.investopedia.com/terms/p/poopandscoop.asp


all boils down to being something to keep an eye on. whoever saw and alerted knows what they are talking about. and obviously saw what other experienced investing/trading pros witnessed. i first noticed them at around 1pm on fri. ever


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