Posted On: 06/09/2016 6:57:27 PM
Post# of 96892
Here is the problem I am seeing.
People are assuming that NTEK is going to reverse split then just start the AS increase trend over again.
Yes that would be bad but its based on an assumption taken from other pennystocks who don't have revenue let alone an actual product. NTEK has both.
Those who are assuming that a reverse split will just bring a short attack again are wrong. We have a market cap right now that is equal to current revenue. They won't be able to short it much lower and they are crazy if they want to try.
So trying to predict what the RS ratio is going to be is really just a waste of time....IMO
People are assuming that NTEK is going to reverse split then just start the AS increase trend over again.
Yes that would be bad but its based on an assumption taken from other pennystocks who don't have revenue let alone an actual product. NTEK has both.
Those who are assuming that a reverse split will just bring a short attack again are wrong. We have a market cap right now that is equal to current revenue. They won't be able to short it much lower and they are crazy if they want to try.
So trying to predict what the RS ratio is going to be is really just a waste of time....IMO
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