How many days in a row has this fallen? A stock that has trippled in six months ($5 to $15), a message board full of day traders all certain this is going to the moon and a recomendation from the Motley Fool. To me it all adds up to a certain correction. Once this drops below $14 I think one will have a chance to buy it in the mid- 12's. Let's see, just IMO.
You are about 3 weeks late. Do you actually think one shorts a stock on a dip, correction or pull- back and then keeps it? Everyone who shorted this stock last month at $15 covered it already at 13. If I remember correctly it went from about 15.30 down to 12.92. The first day it closed green I think it did so around 13.10. So that would be the sign to start covering or buying back. I have never put down NTE but one should take advantage of a pull-back. So actually I did quite well on the prediction, thank you.
Your statement is accurate. But how many of those other stocks jumped 40% in one day within the last two weeks or trippled within the last six months? That's where the significance is. This is not falling because of the general market but it is a correction. IM humble O.