Guys, try not to get wacky with excitementbecause of an up day. We just had 160mm shares added out of the 400mm. Clearly they all haven't been sold yet. So what happens? They are sold piece meal so as not to kill the pps worse than we've recently experienced. The pps is allowed to rise and then the next batch will be unloaded and absorbed. Couple this with good news and it mitigates the damage. I hate it as much as the most ardent Long but that's the way it is. So the better you understand this the less pissed off you'll be when we backslide. To be clear, it's temporary but will likely continue until NTEK halts further issuance of shares. Btw, the idea of there being a buyer for every seller isn't entirely true but that's an entirely different post. Just think market liquidity and naked short selling.
What the focus should be now since, according to NTEK, they've submitted the app to the respective tv/device oems for final approval is:
1. continue uploads fast and furious
2. improve the user interface
3. improve the .com site for UF ( to include ALL films and some kind of bling factor) Advertising everything you have on the .com is free. Take advantage of it and promote it!
4. Live stream sports, concerts and events
5. gift cards are great but so is a bar code advertising that can be scanned with a cell phone and it's cheaper!
Get all that done and we're well on our way to being truly golden!
Atlas1 NTEK... GET SUMMM!!!
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Nanotech Entertainment Inc. (NTEK) Stock Research Links
Category: StocksTotal Views: 157 By : EditorUpdated: 06-01-2024
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