Posted On: 05/03/2015 9:59:13 AM
Post# of 96881
Speaking of trading, the naysayers frequently post about the fact that NTEK's authorized is almost a billion shares and the issued is about 900 million shares. These are not small numbers nor is it a tiny float however it is not the monster they would like to portray either.
For instance SIRI which traded for pennies not that long ago and now trades just under $4.00 per share has an issued of 5.58 billion and a float of 2.32 billion. SIRI is now earning .09 per share and that imho is the key to its market cap of 22 billion and 43.70 PE.
NTEK should have huge growth in both revenues and earnings the next several quarters. Revenue growth and earnings will determine our future price and how badly the shorts will be stung. NTEK seems to be doing all the right things to me and those who hold could own a stock that is the talk of the market for years to come.
Go NTEK!!!
For instance SIRI which traded for pennies not that long ago and now trades just under $4.00 per share has an issued of 5.58 billion and a float of 2.32 billion. SIRI is now earning .09 per share and that imho is the key to its market cap of 22 billion and 43.70 PE.
NTEK should have huge growth in both revenues and earnings the next several quarters. Revenue growth and earnings will determine our future price and how badly the shorts will be stung. NTEK seems to be doing all the right things to me and those who hold could own a stock that is the talk of the market for years to come.
Go NTEK!!!
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