I remember years ago when Netflix was one of the m
Post# of 96892
Posted On: 08/12/2015 10:54:08 AM
I remember years ago when Netflix was one of the most heavily naked shorted companies. I couldn't use your link, but I understand where you were taking me.
So it is your belief that these shorts are primarily naked. They aren't closing positions in 3 business days, they aren't locating a borrow. They are simply creating shares out of thin air and putting the sales proceeds in the bank.
Currently, these shorts are heavily in the green, having followed the stock down (forced the stock down) from .10, .07, .05 etc.
So the fact that NTEK has survived to this day, has engineered a place as one of the top 3 providers of 4K content, has profits, is approaching what I see as a tsunami, is central to the successful efforts of companies like Verizon, Sony Hisense, etc, that we are watching the worldwide buying public move enmasse to 4k content, that we are watching 4K catch on in sports, movies, music...
You think NTEK is a pretty good place to be???
I think I should buy another million shares. I would have never imagined myself buying a million of anything; now I want to buy another million. Who would have thought...
Paul
So it is your belief that these shorts are primarily naked. They aren't closing positions in 3 business days, they aren't locating a borrow. They are simply creating shares out of thin air and putting the sales proceeds in the bank.
Currently, these shorts are heavily in the green, having followed the stock down (forced the stock down) from .10, .07, .05 etc.
So the fact that NTEK has survived to this day, has engineered a place as one of the top 3 providers of 4K content, has profits, is approaching what I see as a tsunami, is central to the successful efforts of companies like Verizon, Sony Hisense, etc, that we are watching the worldwide buying public move enmasse to 4k content, that we are watching 4K catch on in sports, movies, music...
You think NTEK is a pretty good place to be???
I think I should buy another million shares. I would have never imagined myself buying a million of anything; now I want to buy another million. Who would have thought...
Paul
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