This BAD ACTION began back on the 10K report Sept
Post# of 96879
Posted On: 10/08/2014 10:49:00 AM
Re: PowerPuncher #7729
This BAD ACTION began back on the 10K report Sept 29 which I
warned was a real RED FLAG that the revenue shortfall was so steep
falling to 1.5 million for the June Qtr when they had a run rate of
5 million for each of the 2 qtrs prior to that. I sold about half my
shares above .085 on that, but even I got caught up in thinking
the VEGAS SHOW could save the stock. This monday's action
SELLOFF on BIG VOLUME proved something is WRONG and
continued BAD ACTION this week confirms it.
We probably won't know what it is until we see the November report
for the qtr ending Sept. I hope NTEK proves me wrong and comes
out with some great news, but I'm ALL OUT of this stock above
.07 and won't re-enter until I see NTEK prove it can break thru
the 200dma and we get some answers in the upcoming November
report.
warned was a real RED FLAG that the revenue shortfall was so steep
falling to 1.5 million for the June Qtr when they had a run rate of
5 million for each of the 2 qtrs prior to that. I sold about half my
shares above .085 on that, but even I got caught up in thinking
the VEGAS SHOW could save the stock. This monday's action
SELLOFF on BIG VOLUME proved something is WRONG and
continued BAD ACTION this week confirms it.
We probably won't know what it is until we see the November report
for the qtr ending Sept. I hope NTEK proves me wrong and comes
out with some great news, but I'm ALL OUT of this stock above
.07 and won't re-enter until I see NTEK prove it can break thru
the 200dma and we get some answers in the upcoming November
report.
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