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Nanotech Entertainment Inc NTEK
(Total Views: 379)
Posted On: 07/13/2017 10:42:36 AM
Post# of 96905
Posted By: mtgkirk
Re: Zattnt #80190
Excellent point! Not to mention that SIRI has 4.7 billion shares outstanding and NTEK has at best 160 million shares outstanding or there about. The supply and demand factor will drive the value of this stock home. At these prices we are experiencing there really can't be a lot of share holders. Some own a million shares other 500,000 shares, a quarter of a million shares, and so on. Let's just say if you were to average out the quantity of shares per share holder it was 100,000 shares per shareholder currently holding stock in this company. That would be 10 share holders per one million shares. 10 X 160 = 1600 share holders...not a lot of shareholders. Just a hypothysis and is probably not to far off. Whatever the number is for the sake of argument, I promise you there is not a lot of shareholders. Again, the supply and demand factor will kick in, you will have a shake out initially with those that have been ultra long that didn't average down...once this stock gets to where SIRI is now, you will probably see a lot of institutional investors line up to get on board...that is when it will get really interesting. Go long...Go NTEK!!!













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