Shorts are gone for now. Dilution is whats hurting the pps. They're selling into strength as well as weakness and seem to be in a big hurry to raise capital fast. Expecting mega news any day now. Until then you can sit the bid and expect to get filled. I think NTEK is selling down to .0086 and then take the foot off the accelerator to allow those shares to be absorbed. Then they let it drift up a few hundreds and hit it again. If you think about it, NTEK has diluted significantly in just the past month and we are still hovering just below the penny mark. That tells me shorts are outta here and what we're seeing is controlled selling by the company.
NTEK SS was updated today - Another 30 million shares were added to the float.