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Bam, another 13% down the drain yesterday, 37% dow

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Post# of 2009
Posted On: 12/15/2015 3:31:51 AM
Posted By: krid60
Re: Ronwy #1523
Bam, another 13% down the drain yesterday, 37% down in just 10 trading days with 166mln shares traded, or more than 10% of the float. Where is this going, who is selling ?
Are ponies no longer buying the ever cheaper getting cheapies ?

If they should dilute even more, it can only mean one thing: revenue sucks, or at least is far less than they expected. With their history of failed deadlines and over promises, I would bet on the latter. In any case it means cash is in short supply.

I don't know what they are doing, but they seem to be unable to even make a simple website that functions the way it should. Now you are no longer able to log-in, or even register as a new subscriber. Doesn't anyone from the management has a kid who can handle this ?

It doesn't stop, does it ?

Yes, maybe they should sell NTEK to a large company with competent managers, despite of having so called "industry giants" at the helm.
Just do it before we are broke.

What a great company this has become. Large potential, but that seems to be all there is left.


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