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Saturday, March 21, 2015 1:29:45 PM
One of the problems now is that anyone buying at one of the local lows will be hoping for a quick flip. They'll be people who don't give a damn about the company or the stock. Not that anyone should, because the company's an increasingly obvious pump and dump scam, but the day flippers will ensure that any uptick is short-lived.
Especially if the uptick is caused by yet another blatant company lie about some impending deal for a major recent Hollywood blockbuster.
One thing that's for damned sure is that audits aren't coming, ever. Those 250 million shiny new shares would be worth a whole lot more if those audits, which we're always assured are held up by mere technical considerations or trivial delays, were to arrive. Wouldn't the company prefer that the 250 million shares be worth, say, $30 million instead of $5 million? Wouldn't that be helpful at all to their business?
Even the imbeciles at NTEK ought to be able to do the math on that one, and anyone watching them would see quite clearly why claiming they don't have a hundred grand or whatever to do those audits is a pitiful excuse indeed. It's very obviously a lie.
Wow! Over 10 million shares short this week alone! Going to be costly to buy those back at ever increasing prices. Go NTEK!!!
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