Flipper/traders/MMs that make up 80% of the trading. The higher the pps goes, the less flippers like the the higher price. Higher price = less shares to buy and sell within the flipping day. .02 to .04, more shares 100% profit. .10 to .12. less shares and 20% profit.
NTEK$$$$ Still maintaining uptrend! Today was a teeny pull back and still holding support above .10!--great day for picking up more shares and/or holding on to what you already have. With the holiday season approaching and always PR's with great news coming from a great company, no reason at all to be concerned, imo.
I know it is NOT because some Longs hold Millions and Millions of shares ... this sounds like a replay of the same sentiment from a few weeks ago ... What's the big hurry? ... At this point, it does NOT matter that we are just over a DIME ... This is NOT a 1 or 2 week ride. I thought you finally realized that NanoTech is the REAL DEAL ... seems as though someone is going back to play-play time.
I may not know much but it seems ridiculous to think that anyone putting $ here would be scared away because some people have millions of shares. That's the same as saying I'm not gonna buy a stock that has large institutional buying or Icahn owning a ton of shares etc because oh my gosh if they dump shares this will tank...?