NTGL is a real problem for those shorting NTEK on
Post# of 1609
(Total Views: 305)
Posted On: 02/18/2017 9:40:41 AM
Re: intelligentPMC #1181
NTGL is a real problem for those shorting NTEK on multiple levels. First of all there are no real shares available because those who have them know their value. Couple that with a small outstanding, a tiny float and a huge short.
Now on top of all that NTGL share price must be kept down as it reflects on NTEK's balance sheet. Another complication is that NTEK is waiting to distribute dividend shares to NTEK shareholders. The longer that dividend is held in escrow and not delivered the more obvious the shorts problems with NTGL become. Now if DF were to share the slightest bit of news or an encouraging update can you imagine the chaos it would cause? Go NTGL!!!
Now on top of all that NTGL share price must be kept down as it reflects on NTEK's balance sheet. Another complication is that NTEK is waiting to distribute dividend shares to NTEK shareholders. The longer that dividend is held in escrow and not delivered the more obvious the shorts problems with NTGL become. Now if DF were to share the slightest bit of news or an encouraging update can you imagine the chaos it would cause? Go NTGL!!!
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