EVERYONE READE PLEASE! About NTEK PPS! So ther
Post# of 96879
So there was an after hours trade that does not seem to be showing on most sites!
PREVIOUS CLOSE was .0215 and OPEN was .023
Everyone has NTEK closing at .018 .... BUT the last trade was .0204
but there was a BUY of .0204 for 474,000 Shares at 4:08:23
It seems that this was probably MM's or a Short having to Cover!
so it is a +12.78 gain After hours (which is pretty much meaningless)
[/But NTEK would have closed at -5.12% instead of -16.28%!b] That makes a HUGE DIFFERENCE TO SHORTS!!!
And on top of that, now NTEK, can open up at .0204, or even .0215 on Monday (which would be back to where it closed Thursday)!!!!
So Basically TODAY'S SALES PAST 11:30 AM (Except for a few)WOULD BE UNDER .0204....
It does seem as though about 24 Million or So Shares were sold today after 11:30am to allow people to COVER, MM'S to LOAD UP, or SETTLE UP, SHORTS, not having to PAY NEARLY AS MUCH AS THEY SHOULD HAVE!!
IF you look at it from their perspective WHY BUY the 474,000 shares during Business hours and have it Close Higher... when you could just wait until after the close and at 4:08:23 buy 474,000???
Shorts have been getting far too many breaks on NTEK, CLOSING at .0204 instead of .018 or even If it just pushed it up at all, would have cost A LOT MORE MONEY TO A LOT OF PEOPLE!!
This after hours trade is for almost 5% f the 10 Day average volume!!
SO IT IS NOT SOME INSIGNIFICANT AMOUNT! BUT it is basically as if it never happened! And the difference in PROFIT'S for SHORTS, and who has to BUY, or NOT BUY, is QUITE SIGNIFICANT!
I am just saying, until we hold SHORTS FULLY ACCCOUNTABLE for their LOSSES, with no SLIPPERY ways to AVOID LOSSES, or LOSS AMOUNTS, Shorts will continue to attack!
truthaboutcompanies