this could be at .02 Shorts escaped Bloodbath!
Post# of 96879
If this news had hit earlier before today's open, this stock would have never had a chance for that morning Cover!
Also yesterdays swing at the close.
The chart would show 2 green days in a row now, which doesn't make a big difference to us longs, in terms of our buying and thinking,
BUT would have really hurt the Shorts, also flippers would not have been able to score shares in the .11's this morning!
Overall NTEK is in FULL REVERSAL MODE HEADED UP, but the PR came a little late, and we had 2 tough closes in a row.
We should be higher! Judging from the shorts, they may still be holding over the weekend, or were preparing a late day drop, because they were UPSET!!!
Ntek looks like it will start it's steady Climb now, with green day after green day.
Monday's opening will be interesting!