Like you I too continue to accumulate as funds are available. I have bought on the way down and will buy on the way up. I am especially thankful for recently being able to add shares to my Roth IRA for the profit on those shares if ever sold will be tax free. The shorts problems with NTEK and spinoff HVELD continue to worsen. Longs made them shorter by roughly 10 million shares this week. They really have a problem because most longs feel very comfortable continuing to accumulate and by holding down the price to lessen their carrying costs they are allowing us to buy more shares per dollar invested. When the S1 filed for the spinoff is approved and our HVELD shares are distributed their problem is magnified even more. I'm sure the script writer for the IHUB liars is burning the midnight oil trying to come up with something the minions can use to cause longs to sell. So be prepared longs cause they don't lose gracefully. Don't be surprised if all of a sudden a class action suit is filed or a hit piece written by some hired gun surfaces. These are typical of tactics used in the past when the shorts are in trouble. Another favorite is to try and get regulators to halt trading based on some complaint about information contained in a PR. This stops trading and then trading resumes but the stock is on the gray sheets.
A good example of this is KMAG. We are fortunate that the company seems to have someone who is pointing them in the right direction about how to survive while fighting these criminals. We are indeed blessed that we have several multi billion dollar companies advertising for us at no charge no less and be assured that even the captured regulators are well aware of this. For those that have read this far I want to make it clear my purpose is not to scare anyone about what might happen but rather to educate those who may be unaware as to some of the methods the shorts use to tilt the playing field in their favor. They are a strong enemy and do not often lose but so far NTEK is winning this war handily. Go NTEK!!!
(This post would have been removed as off topic in less than a minute on that other board!)
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Nanotech Entertainment Inc. (NTEK) Stock Research Links
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