You proved my point! No One is "SELLING" I thi
Post# of 96879
I think anyone that SOLD ALL of their shares of NTEK....
EVEN after 100% gain is a flipper, trader, or taking some profit!
I do give you a lot of Credit for admitting to selling some, many don't! But keeping 90% means that you are still LONG and bullish, just locking in some profits!
The real PROBLEM is that, people do this because they KNOW or ASSUME other people are doing it.
I think that if you had KNOWN for a FACT that N ONE WAS GOING TO SELL, you WOULD NOT HAVE SOLD!
The FACT IS LONGS are HELPING OUT SHORTS WAY TOO MUCH! I believe Sitting Bull, that had (you and none of the other longs done this) NTEK WOULD CONTINUE TO RISE... and RISE A LOT MORE!
I am not criticizing you, because I know why you did it, and why others did it! But if we could somehow stop this, then we could REALLY GET ONE F THOSE HUGE 1000% RUNS WITH NO POINT WERE SHORTS WOULD BE ABLE TO COVER!
The selling 10% of your shares (not singling you out but Longs in General), to then buy more at a lower price, is REALLY COSTING ERVERYONE A LOT OF MONEY!
Because lets say you sold 10% of your holdings, (this is just a made up number everyone (but say you sold 1 Million shares and own 10 Million Overall!) If it went down a Lot say you turned the 1 Million shares into 1.5 Million, you now own 10.5 Million!
But the HUGE PROBLEM with this STRATEGY is that your 10.5 Million shares, are worth less then your 10 Million, had a bunch of people not done this!
But everyone is scared not to do it, because they don't want to feel stupid! The problem is that with Flippers/traders already selling, then through in SOME LONGS, SELLING JUST 10% and TRYING TO BUYBACK CHEAPER, this is what the SHORTS are Figuring and Counting on. This is also what OTHER INVESTORS ARE COUNTING ON, once 100% was reached, many people EXPECTED A PULLBACK!
There was no PULLBACK, (EXCEPT FOR THE PULLBACK CREATED by PEOPLE A PULLBACK)!
If we could some how stop this, then people investing would have BOUGHT at .025 and .026, and Longs would have added at .025 and .026, SHORTS would have started to COVER! THIS would put us in the .03s Right now, instead of .018! Maybe EVEN DOUBLE WHERE WE ARE NOW!
So while many people are SAYING why are we not at .05... .10 and in the teens or at .20! A lot has to do with US LONGS!
Today was a DAY that could have Closed at .03 or HIGHER! But everyone's fear of People selling, and their own GREED of wanting to grab more shares, for their EXISTING SHARES, MADE us CLOSE 50-100% lower then we COULDD HAVE!!
We need to find a way to STOP the CHART from BEING EASY FOR FLIPPPERS/TRADERS/SHORTS TO READ!
Because while many people think that they JUST keep ADDING more and more shares, that have the same VALUE... IT SIMPLY IS NOT TRUE!
The deals NTEK makes, cost us MORE SHARES, because the SHARES are CHEAPER! SHORT'S KEEP COMING BACK, because they KEEP GETTING LET OFF THE HOOK! THE COMPANY MAY VERY WELL HAVE REDUCED/BOUGHT BACK SHARES, or would have MORE MONEY, or MORE CONTENT, if the PPS was Higher!
We Need to Find a Way t get EVERYONE on BOARD to JUST HOLD, and NOT JUST SAY THEIR HOLDING, BUT REALLY HOLD, this is a POST, that will HOPEFULLY LEAD TO SOME GREAT IDEAS AND DISCUSSION. PLEASE LET ME KNOW YOUR FEELINGS!
PM ME IF YOU WOULD LIKE!, Thank you SITTING BULL, for your Honesty, and yes you are a True Long!
Thank you all for reading and any IDEAS or POSSIBLE solutions!
truthaboutcompanies