He is my opinion on yesterdays and todays PPS:
Post# of 96879
Posted On: 08/25/2015 11:17:18 AM
Re: tinytoes51 #29046
He is my opinion on yesterdays and todays PPS:
1. Manipulation-absolutely but some of the MM's whom were short are now moving to long positions, so they are manipulating the price down and buying.
2. Nanotech selling 30 million shares as part of the Paramount Pictures deal(For Payment). Last Friday 08/21/2015 I checked with the TA and the OS had gone up another 30 million....with that being said the volume was very light on friday and didn't break 8 million. Even if 8 million shares were sold into the market last Friday(which they weren't) It would have still left the company with 22 million shares to sell. There is a good chance that most of this happened yesterday.
3. Investor confidants- The Paramount Pictures Licensing Agreement was the biggest press-release to date for NTEK. Should the PPS have moved above .02........ABSOLUTELY. But there are some factors to consider. The investor community and shareholders have been promised a lot from NTEK the last 8-12 months. As everyone knows some of those things have not come to fruition. With that being said one of the biggest concerns has been the content uploads.
Management addressed all of our questions regarding this at the shareholders meeting in detail. To sum it up they have been working on the issues already, they are now working with Google Cloud, and we will see a larger content upload in September. Seeing is believing for a lot of investors on the fence, and I have to think a lot of people are waiting for the month September to see if NTEK releases the 2nd Kracken!!!
To clear something up regarding NTEK's correlation with the blood bath that has taken place on the S&P and over all market.... I have a decade of experience in watching and trading all of the exchanges on the market. With that being said the Pinksheet sheet exchange the majority of the time has zero correlation with the S&P 500!!! I posted this earlier, but SOME OF THE BIGGEST GAINERS DURNIG THE CRASH OF 2008 WERE SPECULATIVE STOCKS AND PENNY STOCKS.
Cheers,
Taber
1. Manipulation-absolutely but some of the MM's whom were short are now moving to long positions, so they are manipulating the price down and buying.
2. Nanotech selling 30 million shares as part of the Paramount Pictures deal(For Payment). Last Friday 08/21/2015 I checked with the TA and the OS had gone up another 30 million....with that being said the volume was very light on friday and didn't break 8 million. Even if 8 million shares were sold into the market last Friday(which they weren't) It would have still left the company with 22 million shares to sell. There is a good chance that most of this happened yesterday.
3. Investor confidants- The Paramount Pictures Licensing Agreement was the biggest press-release to date for NTEK. Should the PPS have moved above .02........ABSOLUTELY. But there are some factors to consider. The investor community and shareholders have been promised a lot from NTEK the last 8-12 months. As everyone knows some of those things have not come to fruition. With that being said one of the biggest concerns has been the content uploads.
Management addressed all of our questions regarding this at the shareholders meeting in detail. To sum it up they have been working on the issues already, they are now working with Google Cloud, and we will see a larger content upload in September. Seeing is believing for a lot of investors on the fence, and I have to think a lot of people are waiting for the month September to see if NTEK releases the 2nd Kracken!!!
To clear something up regarding NTEK's correlation with the blood bath that has taken place on the S&P and over all market.... I have a decade of experience in watching and trading all of the exchanges on the market. With that being said the Pinksheet sheet exchange the majority of the time has zero correlation with the S&P 500!!! I posted this earlier, but SOME OF THE BIGGEST GAINERS DURNIG THE CRASH OF 2008 WERE SPECULATIVE STOCKS AND PENNY STOCKS.
Cheers,
Taber
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