(Total Views: 385)
Posted On: 09/07/2017 7:45:35 AM
Post# of 75357
No problem. Here's some insight on NTEK from my experience trading it.
Background: NTEK is essentially a company that makes 4K (and other types of quality) movies and streamlines them on their website.
Trading: NTEK had some pretty good run up's the last few years. The stock biggest run ups were in 2011 and 2014 but just how 99.9% penny stocks work, the stock price has faded.
Despite the stock fading in late 2014, the company addressed and promised numerous times they weren't going to do a reverse split, but harsh reality, they did anyways hence my opinion and position to all penny stocks.
Management: The company had horrible management and issued much too many shares which eventually was its down fall. (From an investors perspective not a trading perspective).
I did hear about the financing deal they've gotten as well so maybe there's some hope for the company and whomever has held a position since the beginning. Time will tell if NTEK will be yet another status quo for penny stock pump and dumps or be an actual success for investors.
RMHB: Will RMHB do the right thing and build the company for an investors perspective especially for current investors who have their hard earned money into this stock? Will see, but you all know where I speak from as I don't fall in love with any stock because of my experience in the OTC markets.
The time is now or never.
Sorry if I offend anyone here in the past, present, or future. I've been in this game for over 10 years and seen the good, the bad, and the ugly when it comes to penny stocks.
Background: NTEK is essentially a company that makes 4K (and other types of quality) movies and streamlines them on their website.
Trading: NTEK had some pretty good run up's the last few years. The stock biggest run ups were in 2011 and 2014 but just how 99.9% penny stocks work, the stock price has faded.
Despite the stock fading in late 2014, the company addressed and promised numerous times they weren't going to do a reverse split, but harsh reality, they did anyways hence my opinion and position to all penny stocks.
Management: The company had horrible management and issued much too many shares which eventually was its down fall. (From an investors perspective not a trading perspective).
I did hear about the financing deal they've gotten as well so maybe there's some hope for the company and whomever has held a position since the beginning. Time will tell if NTEK will be yet another status quo for penny stock pump and dumps or be an actual success for investors.
RMHB: Will RMHB do the right thing and build the company for an investors perspective especially for current investors who have their hard earned money into this stock? Will see, but you all know where I speak from as I don't fall in love with any stock because of my experience in the OTC markets.
The time is now or never.
Sorry if I offend anyone here in the past, present, or future. I've been in this game for over 10 years and seen the good, the bad, and the ugly when it comes to penny stocks.
(6)
(0)
