This is now and always has been a high risk/high reward
This is now and always has been a high risk/high reward investment. Companies like NTEK go public to raise capital by selling stock to risk taking investors like you and I. The risk is high for all new companies but for those trading on the OTC it is even higher because you immediatly attract those that want to bankrupt the company by selling "air" shares. Those doing this include hedge funds, investment banks and some of the largest companies in the world who would quickly deny any knowledge that they were participants were they to be exposed. These groups employ folks to post fear, uncertainty and doubt while attacking both the company and its Officers and Directors. They are often sucessful in bankrupting companies they are attacking by eliminating the value of shares.Sometimes however it backfires and those once worthless shares become very valuable and those that sold em are forced to buy them back resulting in huge gains for those that own them and huge losses for those that sold them. The huge naked short may well be NTEK's most valuable asset at the moment if David is able to turn the tables on those trying to destroy the company. We all know David is a tech genius and most longs like myself are hoping he succeeds.
With some luck that 99% loss could turn into a many thousands percent gain. This group of friends and supporters are hoping for that outcome.
Go NTEK!!!
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Nanotech Entertainment Inc. (NTEK) Stock Research Links
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