Readable exceptional post by this guy ... and that
Post# of 96879
Quote:
ringao Friday, 03/13/15 05:22:54 PM
Re: mdimport post# 288765
Post # of 288816
Nothing but gut feel, but it ~feels like~ we turned a corner today; to me anyways. Note, I'm a longterm investor here; not swinging or day trading this. I try to buy at least once a month, and I bought some today. Timing has been hit or miss on catching the month low. But I'm just accumulating where I think the lows are. At some point demand will overcome supply and we'll head up. There is a lot of risk in the OTC but I firmly believe NTEK's going to be one of those stocks a person rarely gets a crack at. The discipline required is to buy and hold regardless of the noise. Please rely on your own DD.
Most of the bad news, re AS increase, has probably been priced in by now. Any new stock issued used to support personnel performance bonus or acquisitions will most likely have restrictive legends keeping it out of the trading float. So the alarms being sounded about dilution are mostly just noise. The company is performing strongly imho and locking up and expanding content. This activity will go directly to their bottom line cash flow. The alarms being sounded about other large blocks of restricted stock coming off restriction do not hold allot of water to me as those individuals (imho) also believe strongly in NTEK's longterm prospects. Also, the most important thing about the conference call which has not yet been discussed here; is that NTEK, an OTC stock had one. I like that the company recognizes the pressure on the share price and that they demonstrated that they are ready to do something about it. I listened in to the call; the professionalism on the call was just fine IMO (especially when one compares it to a bad call, of which I've heard more than a few). Finally, the stock price appeared to hold up well today, it could have been much worse. So maybe we've turned the corner as upcoming positive developments do not yet appear priced in.