Posted On: 12/15/2014 7:22:45 PM
Post# of 4205
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Figured as long as I was going to point this out on Iscrub, I'd also place my beliefs on NTEK here. Been trying to formulate my thoughts (thought about using an entire 2014 timeline but decided it just wasn't worth the time). So, here you go:
Don't live in the past. NP-1 didn't catch the pre-smart TV 4k market wave. Obviously, the manufacturer's moved quickly in 2014 to get their 4k smart tv's out. The consumer is buying them up. NTEK moved quickly enough to get their app (software) to the market (on Samsung's) at this point and soon to be joined with firmware updates to Sony's and Vizio's. Traded the hardware (NP-1) for the app that is streaming as I write this. Cost is far less. Traded the opportunity to sell thousands for the instant revenue of far greater. It's a better business and a timely decision.
Add the Vegas 2047 gaming division and the in-roads being made there. Aaron Hightower has stated his week is the busiest yet since opening. Fantastic timing to be heading that direction as the casinos are looking to update/upgrade their gaming choices.
You get a company that is finally getting up to and ahead of the curve. It IS a better business than it was six months ago. It is not a better share price.
Keep it real. It's not going to the moon any time soon but it certainly ain't broken either.
Don't live in the past. NP-1 didn't catch the pre-smart TV 4k market wave. Obviously, the manufacturer's moved quickly in 2014 to get their 4k smart tv's out. The consumer is buying them up. NTEK moved quickly enough to get their app (software) to the market (on Samsung's) at this point and soon to be joined with firmware updates to Sony's and Vizio's. Traded the hardware (NP-1) for the app that is streaming as I write this. Cost is far less. Traded the opportunity to sell thousands for the instant revenue of far greater. It's a better business and a timely decision.
Add the Vegas 2047 gaming division and the in-roads being made there. Aaron Hightower has stated his week is the busiest yet since opening. Fantastic timing to be heading that direction as the casinos are looking to update/upgrade their gaming choices.
You get a company that is finally getting up to and ahead of the curve. It IS a better business than it was six months ago. It is not a better share price.
Keep it real. It's not going to the moon any time soon but it certainly ain't broken either.
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