NanoTech Entertainment Inc (NTEK)

[KingErik999]

I think it was one last attempt to get others to sell as MM's start to cover. Anyone trying to take new short positions are playing w/ a very low risk trade. They know what NTEK has and what the potential is in the very near term. It could be one trader trying to push the PPS to a point where they can cover a prior short.

It's anyone's guess as to why we saw the drop to .062 but the strength of the PPS as of now proves we are NOT headed lower than we are right now. Today should be the turning point for a move higher. We could see some 8's trade pretty quickly here as we get closer to the end of the day. Tomorrow will follow through for a break of the upper BB and 9's are close behind.

Here we go! A few more trades at the ask and we'll be green.

Also, if I was going to do a buy back I'd hold back news at least until I was ready to start buying. NTEK could be starting now and we could hear about it in a PR soon. I would guess a PR on share buy backs will be 1st, then news of retail and then revenues/forecasts.

Just my take.

E