Jmhockey23, Shareholders are getting restless,
Post# of 96879
Posted On: 05/28/2015 1:53:34 PM
Re: Jmhockey23 #17417
Jmhockey23,
Shareholders are getting restless, no question about it. Many have lost 50% or more (on paper) of their investment. There are some things NTEK management can do to avoid disappointing shareholders and some things we can't. I won't belabor the points that I've already made but I will say this:
1. Investing in the an OTC listed company is inherently riskier than an NYSE or NASDAQ listed company.
2. If you're truly long the NTEK, the day to day price fluctuation shouldn't matter too much unless you bought sub .01 and are looking for an exit point or are looking to add to your position.
3. Regardless of what we'd like Sony, LG, Panasonic, Millenium, Lionsgate or whoever for that matter to do, they're going to do it when they feel like it. Yup, it sucks that 200+ movies aren't uploaded yet but as much as you and I bitch about it, it's not going to make it happen any faster. That said, sometimes I suppose venting to other long investors can be cathartic. I'm willing to bet everything I have that management wants it done just as fast if not faster and I'll also bet that they too are bitching about it. After all, NTEK's management are shareholders too and have lost (on paper) much more than most if not all of us.
4. The good news is, I guarantee all of this goes away like a puff of smoke rising in the air as soon as those movies hit UltraFlix and Sony's firmware update is released followed by the mac daddy revenues and profits generated.
Hang in there Longs NTEK IS ALREADY PROFITABLE!!! Buy a few more shares if you can, put them away and come back this time next year and thank me.
Atlas1
NTEK...GET SUMMM!!!
Shareholders are getting restless, no question about it. Many have lost 50% or more (on paper) of their investment. There are some things NTEK management can do to avoid disappointing shareholders and some things we can't. I won't belabor the points that I've already made but I will say this:
1. Investing in the an OTC listed company is inherently riskier than an NYSE or NASDAQ listed company.
2. If you're truly long the NTEK, the day to day price fluctuation shouldn't matter too much unless you bought sub .01 and are looking for an exit point or are looking to add to your position.
3. Regardless of what we'd like Sony, LG, Panasonic, Millenium, Lionsgate or whoever for that matter to do, they're going to do it when they feel like it. Yup, it sucks that 200+ movies aren't uploaded yet but as much as you and I bitch about it, it's not going to make it happen any faster. That said, sometimes I suppose venting to other long investors can be cathartic. I'm willing to bet everything I have that management wants it done just as fast if not faster and I'll also bet that they too are bitching about it. After all, NTEK's management are shareholders too and have lost (on paper) much more than most if not all of us.
4. The good news is, I guarantee all of this goes away like a puff of smoke rising in the air as soon as those movies hit UltraFlix and Sony's firmware update is released followed by the mac daddy revenues and profits generated.
Hang in there Longs NTEK IS ALREADY PROFITABLE!!! Buy a few more shares if you can, put them away and come back this time next year and thank me.
Atlas1
NTEK...GET SUMMM!!!
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