You may find my opinion to be entertaining but I g
Post# of 96891
(Total Views: 537)
Posted On: 03/24/2018 2:55:46 PM
You may find my opinion to be entertaining but I give my honest opinion in all my posts. (Eagle Scout training) All of the long longs are losing money. This company is now and has been under attack by short sellers since I first invested in it years ago. Their goal is to drive down the shareprice causing dilution and from their view hopefully bankruptcy with investors losing everything. Were this company not under attack it is my opinion there likely would never have been a reverse split. The short sellers have hurt the company and its investors badly. The good news is the company by not issueing any more shares is beginning to hurt the short sellers badly. With the exception of yesterday which likely included lots of wash trades (used to simulate selling and wlak down the price) it has been well over 30% most days.
The shorts are in dangerous territory as their losses can be unlimited if the company successfully turns the table on them. The risk/reward potential is enormous and whether or not the company is able to pull it off remains to be seen but if they do I will be holding for dollars not pennies.
If NTEK gets the promised funding and is able to settle all litigation we are off and running IMO. I for one intend to be here through it all good or bad. Go NTEK!!!
The shorts are in dangerous territory as their losses can be unlimited if the company successfully turns the table on them. The risk/reward potential is enormous and whether or not the company is able to pull it off remains to be seen but if they do I will be holding for dollars not pennies.
If NTEK gets the promised funding and is able to settle all litigation we are off and running IMO. I for one intend to be here through it all good or bad. Go NTEK!!!
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