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Re: Ragz2Richez post# 5115

Saturday, 09/30/2017 10:42:49 AM

Saturday, September 30, 2017 10:42:49 AM

Post# of 5881
You would think so.

With the high trading volume of the stock, substantial increase in price and most of all a high level of shorting (about 60%), the shorts have to begin covering.

The recent 13-week high is $1.10. If that is broken through in the next day or so (failure to do could lead to a retracement*), then shorts will begin to cover rapidly.

This week could be the week of great gains!

James

*there is a 32.8% chance of retracement
https://www.barchart.com/stocks/quotes/NETE/cheat-sheet