NanoTech Entertainment Inc (NTEK)

[livinginstyle]

Not too many people short penny stocks because of the expense. Interactive brokers charges $2 a share security to short anything under $2 a share I'm told. So if a person wants to short a hundred K shares of NTEK it will cost them 200K to do it. Now, that money is just a security deposit that is returned upon closing the short sale so long the shorter did not lose money on the trade.

Anyway, there are only 158,166 shares shorted in NTEK as of the end of June and I doubt there are many more than that now.

http://www.otcmarkets.com/stock/NTEK/short-sales