Posted On: 06/12/2014 2:35:01 PM
Post# of 96892
Does anyone have a legitimate reason for the huge DECREASE??
NTEK seems to be being taken advantage of by flippers, and shorting.
I think people are buying at the day low or near it and then selling for a small or decent gain right after.
This drags the stock down and will continue... until it is stopped.
Just my opinion but do not be surprised if NTEK is setting up to put and end to this
BUYBACKS! BUYBACKS! have become a HUGE DEAL due to the absurdly low price of the stock
June and July are very big months for NTEK in terms of share price!
The company has the potential to buy back an enormous amount of shares!With just the money they have already scheduled for Buybacks, that Is going to be an enormous amount of shares!
Now let's say that NTEK makes a deal that gives them an additional 5 million to use on Buybacks I honestly believe they have some very big deals in the work, in addition to their many revenue streams!
We are in the territory where any deal of any significant proportion could send the stock up 100's of %.
I am just not believing that the company has lost value, this is what the stock is trading for. In the pinks That does not mean that is what the stock is worth (based on it's past accomplishments, and ridiculous potential, NTEK I HONESTLY BELIEVE is not trading anywhere near its actual value!!
Hang in there longs!
NTEK seems to be being taken advantage of by flippers, and shorting.
I think people are buying at the day low or near it and then selling for a small or decent gain right after.
This drags the stock down and will continue... until it is stopped.
Just my opinion but do not be surprised if NTEK is setting up to put and end to this
BUYBACKS! BUYBACKS! have become a HUGE DEAL due to the absurdly low price of the stock
June and July are very big months for NTEK in terms of share price!
The company has the potential to buy back an enormous amount of shares!With just the money they have already scheduled for Buybacks, that Is going to be an enormous amount of shares!
Now let's say that NTEK makes a deal that gives them an additional 5 million to use on Buybacks I honestly believe they have some very big deals in the work, in addition to their many revenue streams!
We are in the territory where any deal of any significant proportion could send the stock up 100's of %.
I am just not believing that the company has lost value, this is what the stock is trading for. In the pinks That does not mean that is what the stock is worth (based on it's past accomplishments, and ridiculous potential, NTEK I HONESTLY BELIEVE is not trading anywhere near its actual value!!
Hang in there longs!
(0)
(0)
