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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Good for you. IMHO all real shares are long gone

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Post# of 96900
(Total Views: 407)
Posted On: 08/08/2017 11:41:06 AM
Posted By: AlanC
Re: Zattnt #81459
Good for you. IMHO all real shares are long gone and we have been dealing with markers for a long long time. So that means those buying like yourself are buying markers from those willing to sell them and be liable for them should they have to be bought back. No doubt our brokerage firms are well aware they are placing markers in our accounts and they are avoiding their fiduciary duty which requires them to insure we are receiving good delivery when we purchase shares/markers. It is important to understand they are all complicit even the so called regulators who know what is going on and choose to instead look the other way rather than put a stop to it.
Those attacking NTEK thought for sure they could bankrupt the company and cause investors to lose everything I'm sure. What they didn't realize is just how good the technology is and the determination and drive management has.
Notice how the share price has firmed up and is slowly increasing? Those who sold short with reckless abandon in the past don't seem quite as anxious to do so to me especially when it is readily apparent that longs are not selling but rather those that are able are continuing to accumulate.
Understand that our steady and slowly rising price is putting pressure on those that are short. Is Longside short? If so they better have very deep pockets because we are wound tight and it would take very little imo for us to suddenly explode to the upside.
Yesterday, my Fidelity brokerage statement arrived and right on the front page was an announcement that as of September 5th all trades would go to T+2. Only time will tell the effect this change will have on those that are short but it is a step in the right direction to be sure. Onward and upward!
Go NTEK!!!


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