Posted On: 12/24/2014 2:03:11 PM
Post# of 4205
Meow has read the new shareholder letter, and here are Meows thoughts like it or not.
Meow is glad that the new ticker will be the gaming division, as anything UF related will take away from the NTEK share value severely. As for buybacks, Meow is thinking they were most likely from restricted shares. And wont affect PPS directly. If enough where bought back and cancelled that would bring back a lot of investor confidence. But What they say may or might happen has been quite off from reality especially in 2014. And it seems they sold all of the NP-1s. Does that mean that the retailers who bought it realized it was obsolete and not worth even trying to sell as we have seem very little on the part of a retailer selling any NP-1s.
And as always Meow would love to hear everyones thoughts on the subject. Please post away.
Meow is glad that the new ticker will be the gaming division, as anything UF related will take away from the NTEK share value severely. As for buybacks, Meow is thinking they were most likely from restricted shares. And wont affect PPS directly. If enough where bought back and cancelled that would bring back a lot of investor confidence. But What they say may or might happen has been quite off from reality especially in 2014. And it seems they sold all of the NP-1s. Does that mean that the retailers who bought it realized it was obsolete and not worth even trying to sell as we have seem very little on the part of a retailer selling any NP-1s.
And as always Meow would love to hear everyones thoughts on the subject. Please post away.
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