Shorts are trapped! They had counted on a reverse split and they swallowed the announcement back on February 11th that the company was looking at reorganization and that a reverse split could be part of that plan they decided it was going to happen and went all in on their short position. Now they know no dilution is taking place and that they have a monstrous potential loss with NTEK and I am talking monstrous. They now realize just how dangerous their situation here is and you can be sure risk managers are screaming. This has the potential to explode and they know it. Going to be an interesting next couple of weeks to be sure. I hope David Foley is getting updates. Go NTEK!!!
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