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Nanotech Entertainment Inc NTEK
Posted On: 10/26/2016 11:17:24 AM
Post# of 96892
Posted By: surfjmk
While the optimism from posters here is nice, NTEK is going to continue to trade on technicals until news changes the course of stock price. Currently, these flag pennants are a continuation of this negative trend. Very similar to the pattern we saw Aug 24- Sept 7th time frame, followed by the drop in pps. This is a very similar setup, and the short term synopsis is not a good one for pps. However, news, which I do believe is brewing, will certainly help us out. Without it, this is just how things are going to continue. I believe in the company as most longs know this is no scam, (I buy from ultraflix on my sony bravia all the time) the problem is that others do not until significant developments are made public by the company. Without these developments, pps is and will certainly continue to drop. Just trying to be honest, hopefully this post doesnt get deleted as well because it is not positive info.













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