Naked Short Report for 8.27.2015 Here's what it
Post# of 96879
Here's what it looked like:
Total volume - 9,976,332
Open short volume - 2,136,267
Open trade volume - 9,476,332
Dark Pool volume - 500,000
Dark Pool / Short Spread - 1,636,267 <- indicates naked short volume
NOTE: Dark Pool Volume and Short Volume should have about a 1 to 1 ratio. When Short Volume exceeds Dark Pool Volume it suggests shenanigans are afoot and naked short selling is in progress and over time if not reconciled through the delivery of borrowed shares, phantom shares are created out of thin air and later dumped into the market to drive down the pps. It's ugly but it's happening.
So, NTEK needs our continued buying pressure as well as CONTENT consumption. The 950 movie Paramount deal was indeed paramount, epic even. That along with Warner Brothers, Millennium, etc we can turn this puppy around and start to realize the multi billion dollar company NTEK will be.
Remember NFLX market cap is now about 50 billion. For NTEK to have a market cap of just 1 billion they need the content, (check), they need the delivery system / better mousetrap, (check), they need the 4K panel and device sales with UF capability, (check), now all they need are the continued growing number of eyeballs.
Even IF NTEK were to max out the OS to 1.39 billion shares, (which I hope they do NOT do because it only helps the shorts) in order for us to be equal to nflx market cap we'd have to have a pps of $36 dollars.
As soon as the Paramount films start uploading along with deals we already have inked and are in the process of being delivered, I believe NTEK can reasonably warrant a pps of .72 cents or roughly a 1 billion dollar market cap.
The adoption rate of 4K devices has been grossly under estimated and there is no evidence to suggest it will slow anywhere in the world anytime soon as we continue to see upward revisions on a monthly basis. It is because of this that I believe NTEK's projection of $70 million in revs for 2016 will prove to be on the extreme low end!
The visionaries at NTEK are kicking ass and taking names!
Atlas1
NTEK...GET SUMMM!!! BABA BOOEY, Bitches!