so wrong. easy to say. if price were a yardstick y
Post# of 96879
price is perception
ntek valued at about $100million in nov/oct 2013 (material fact)
according to you it was worth that (price "yardstick" as u say)
or is it worth where it is now? which is true?
evidence says a $100million mc was unwarranted. in the minds of those experienced in these matters
and we've seen the correction
ironically, some would argue ntek has done more to deserve the $100million market cap "title" now. rather than nov/oct 2013, when it was "awarded" that valuation
yet the market cap is about 1/5th then
so which is it? ntek proves business. new divisions. products. patents- pending and is worth less?
make sense to you?
while we're at it, riddle me this. how do you account for both of these realities?
the $100mm market cap (with less proven assets). and the $20mm market cap (with more proven divisions. assets. clearer direction. partners. patents-pending. et. al.)?
price is not a yardstick then. the work is in the valuation. profit in market corrections. if you think ntek sucks balls, you should bail. since according to that view, its only going lower. if you think ntek has promise you might hold. start a position. or add to one
the work is in the valuation. market analysis. digging into what their businesses might be worth. today. tomorrow. in the days ahead
btw, i don't think customers know the first thing about ntek business. i know how to use a computer. fax. copier. a phone. a car. i couldn't tell you the first thing about how to make any of them or how to run those businesses (i hear more platitudes, srry)
and neither could anyone on this board (run ntek)
the price (as i have just demonstrated) isn't related to how ntek is running their business. the market didn't see ntek worth a $100million in oct/nov 2013. (or see more upside. and sold off)
pps may be one data-point. saavy investors aren't looking at the price right now. they're looking at the price as it projects into the future. so they can recognize/capture value