Replies to post #21466 on NanoTech Entertainment Inc (NTEK)

[Nikodemos]

If it wasn't orchestrated selling (to appear as you've
described) then I know nothing!! No one puts HUGE
ask walls like that after a tiny volume walk-down
of ~40% share-price & while the stock is recovering
& being bought UP...throws a 2mm ask...that is either
the STUPIEST investor/trader or we are "being sold
a story"...I can't believe a retail investor KNOWS
no better than to "donk" shares off at the "practical"
low of the day... just silly to me...but, that's just
my pov.

NTEK


AND, btw, careful L2 watching showed the aforementioned
"retailer" messing with 1-1.4mm (up to 1.9mm) share lots
QUICKLY flashing at multiple price points...I don't see
retailers be THAT DUMB,....but THAT QUICK neither...

I SAY LOAD & BUY what you can....there WILL BE
COVERING going on here as we move into Friday!!

Keep in mind,...short-interest, hedgies, & other "players"
can route orders through any MM they like!!

[cjstocksup]

I agree. I wish I was here to see it. I have done this since the 80's and would have known the MM's and if it was retail or a big seller other than retail. It was 10 million shares added in a short time in volume and I read about BKRT and I saw him and VFIN when I did get on before 9 AM here PST. I guess all we can do is watch from here. I did warn we are not expecting a great earnings report. I hope everyone here understands the earnings are past earnings from the last quarter. But even a few retail sellers who know this would not have made NTEK go red on our awesome chart until today. IMO it was a large seller possibly some restricted shares were sold. We need to call TA in the days ahead and get the SS numbers again. BKRT and VFIN are not retail as we all know and if it was not restyricted shares they are large sellers who own shares in the OS. I am not adding again until this is all behind us and that may be a week or 2 or maybe a day or 2. I guess we all will be watching together. I posted yesterday my frustration with a seller who simply put up 1 million shares and the bidwhacks began with panic selling. That is what scares me. The larger sellers with 1 million to 15 million shares can really make NTEK drop fast if a few of them sell. That is the only thing I do not like about holding too many shares here. I have wanted to incrtease my position many times but will wait to see what happens with them ahead.

cj - I was away from my computer for only 15 minutes and the entire drop occured in that time. It was low volume, open to low @ .018 was 2-3MM shares. I think only 20K traded @.018, then every time a good bid came it, it was taken out, just like we just saw @ 14:00 and 14:10, two big dumps after healthy buys @ the ask. Someone still wants out, all IMO.