I can understand when NTE run up to $8.00 but after $8.00 to $11 plus it just come from manipulators for momentum. NTE need more positive result to go from $8.00. It should not be surprised that it drop so much. .
People shorting and day trading the stock. They have been trying to short for over 1 week now. First sign of weakness and they were all over it. And also some profit takin as lot's of profits to be had very quickly that can be moved into other stocks that didn't have a run up.
I think most people who traded this stock today don't even know what NTE does as a company.