Posted On: 10/06/2016 11:58:52 PM
Post# of 96892
Agree with Denny.
No news from NTEK = no interest to buy and no upward pressure on price. NTEK needs to do something.
Ask yourself this. If the shorters walked away tomorrow, do you think the price would suddenly start going up and up and up?
I don't think so. Because there is no reason at this time for potential new investors to buy.
If we get news or good financials, the picture could change instantly.
But as of today; no one knows whats going on, so new investors are not likely to put their money down.
I sent this email to NTEK today. Maybe I will get a reply with some sort of hints. I will post whatever I receive.
"Is anyone there able to provide any sort of update about NTEK?
I have been a shareholder for about 2 years now and I am concerned.
Between the reverse split and the recent continuing drop in share price, I am way down on my investment.
I can live with that if there is hope. I totally believe in the Ultraflix product.
However, with no news or financial updates for several months now, I am concerned.
I see 2 possibilities:
1) NTEK has a variety of work on the go that you cannot discuss, but when you do, things will look bright.
2) The share price reflects serious problems with the company and these problems (for instance cash flow problems) might be insurmountable.
I am hoping for number 1.
What are you able to tell me?"
Fingers crossed.
Chees, judgesmails
No news from NTEK = no interest to buy and no upward pressure on price. NTEK needs to do something.
Ask yourself this. If the shorters walked away tomorrow, do you think the price would suddenly start going up and up and up?
I don't think so. Because there is no reason at this time for potential new investors to buy.
If we get news or good financials, the picture could change instantly.
But as of today; no one knows whats going on, so new investors are not likely to put their money down.
I sent this email to NTEK today. Maybe I will get a reply with some sort of hints. I will post whatever I receive.
"Is anyone there able to provide any sort of update about NTEK?
I have been a shareholder for about 2 years now and I am concerned.
Between the reverse split and the recent continuing drop in share price, I am way down on my investment.
I can live with that if there is hope. I totally believe in the Ultraflix product.
However, with no news or financial updates for several months now, I am concerned.
I see 2 possibilities:
1) NTEK has a variety of work on the go that you cannot discuss, but when you do, things will look bright.
2) The share price reflects serious problems with the company and these problems (for instance cash flow problems) might be insurmountable.
I am hoping for number 1.
What are you able to tell me?"
Fingers crossed.
Chees, judgesmails
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