Posted On: 04/29/2015 3:16:51 PM
Post# of 2009
For the newbies that may stray onto this board.
I don't have the intention of telling you what to do or how to invest in NTEK. But be advised that PR's from monday announcing the agreement to add 80 new titles are not an assurance that these titles will show up on UF soon (if ever) and provide revenue.
Last year many such announcements where made, but most of these have regrettably not come to fruition.
Just one example from a year ago:
http://www.businesswire.com/news/home/2014050...UEq-_Dw6lE
More than half of the content that was promised there has not reached UF, although most would have been very attractive first class content. And I guess many of the longs here based their investment on such info, as did I. Alas so far. Deep red.
Why these titles never showed up, nobody knows. Except NTEK management (at least I hope they do).
On the other hand, other titles never PR'd suddenly show up. But that's NTEK management. And that's just one example.
Just don't think NTEK is a no brainer, because it isn't.
I don't have the intention of telling you what to do or how to invest in NTEK. But be advised that PR's from monday announcing the agreement to add 80 new titles are not an assurance that these titles will show up on UF soon (if ever) and provide revenue.
Last year many such announcements where made, but most of these have regrettably not come to fruition.
Just one example from a year ago:
http://www.businesswire.com/news/home/2014050...UEq-_Dw6lE
More than half of the content that was promised there has not reached UF, although most would have been very attractive first class content. And I guess many of the longs here based their investment on such info, as did I. Alas so far. Deep red.
Why these titles never showed up, nobody knows. Except NTEK management (at least I hope they do).
On the other hand, other titles never PR'd suddenly show up. But that's NTEK management. And that's just one example.
Just don't think NTEK is a no brainer, because it isn't.
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