The shorts have a bigger problem than I thought!
Post# of 96897
(Total Views: 476)
Posted On: 08/29/2018 3:56:05 PM
The shorts have a bigger problem than I thought! Why you ask? Here's why.
I decided to purchase 10,000 shares today and mine was one of only 3 trades and the other two trades were wash trades used to walk down the price. The first was a sell of 120 shares @ .0057 then came my buy of 10,000 shares at the ask of .0099 and they they brought it back down 42.42% on a sell of 399 shares at .;0057. This leads me to believe that a close two days in a row of a penny or over would likely cause whomever has been shorting the company to get a margin call from their broker. This is a high risk high reward type situation and you are gambling but if you are not averse to going to the casino and dropping a few bucks you could have some fun expecially buiying near the close. I am predicting the 10,000 shares I bought today through Etrade unless they are monitoring this board will be reported to FINRA as being short.
Go NTEK!!!
I decided to purchase 10,000 shares today and mine was one of only 3 trades and the other two trades were wash trades used to walk down the price. The first was a sell of 120 shares @ .0057 then came my buy of 10,000 shares at the ask of .0099 and they they brought it back down 42.42% on a sell of 399 shares at .;0057. This leads me to believe that a close two days in a row of a penny or over would likely cause whomever has been shorting the company to get a margin call from their broker. This is a high risk high reward type situation and you are gambling but if you are not averse to going to the casino and dropping a few bucks you could have some fun expecially buiying near the close. I am predicting the 10,000 shares I bought today through Etrade unless they are monitoring this board will be reported to FINRA as being short.
Go NTEK!!!
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