NanoTech Entertainment Inc (NTEK)

[KingErik999]

I didn't see the order put in mofran. I do think people have orders in and as the PPS moves towards their prices the order presents itself on L2. I'm sure orders are put in all through out the day but if a strange one shows up it could have been there for days/weeks...etc.

Here's something interesting. Just now we had about 6 trades from .094 to .09 and the bid drops back to .086....that is exactly what you're talking about. I know MM's don't have to show everything they have, or they do have to, but don't. Either way, we have a lot of interest the last 30 minutes and people will begin to realize that they need to be long NTEK, even if only for a trade.

Not getting a drop below .08 for the last few weeks has to make a short position questionable. If it doesn't break down for them soon, they know it must be time to cover and go long.

There's just too many different scenarios to try and figure out what's actually happening. Some things are very clear. Many times you can see the psychology right there on L2 and anticipate the next action.

NTEK is right on the edge of a massive breakout of success & progress, it doesn't make sense to be anything other than long the stock.

GL

E