NTEK:
At its peak, it was traded at 0.17
Descended to .10 range
then a free fall to .03
and almost collapsed to .0039 as the bottom.
Some are healthy and natural movement of a stock, most stock behave, but the free fall was artificial, manipulated and abnormal, why?. What is next for NTEK?.
===============================================
NTEK, as all of you [bashers, dumpers and pumpers] aware that the share price was up around .17 at its peak just about a year ago, that was the peak.
After that stellar performance, chaos was waiting for ntek, it was nothing but a free fall, to a level of .03. What happened from here is even more worse and troublesome than its first catastrophic descend from its peak.
But, upon careful review of NTEK's performance, what transpires is a multi factor rationale or reason behind these behaviors as far as to why NTEK had the free fall. I will mention a few obvious (known) ones, and those unknowns are still unknown as to why?.
1. First the market overall did not do well for the whole of 2015, like a sideway's moves?. NTEK just went up and down along with the market to the most part, however when it rally it did so well regardless of market went up or not, that is actually a healthy behavior of a stock. If you look back whenever NTEK was in green, significant number of times it was up even when the market was down in menacingly RED!
2. Unfortunately, Pink or penny stocks are abused, tortured and manipulated by pretty much everybody besides the companies doing stupid things?. Easy to buy or sell with small amount of money and cause chaotic sings up or down, especially if the pump/dump gangs do this with amounts of shares to the tone of millions of shares?
3. While the stock manipulation ongoing by whoever it might be (as I am not sure who is doing this], the company or management did not care or do enough to maintain a value to NTEK or maintain credibility of the stock as well as running a company that has such an incredible potential and future!!!.
4. One of the main accusation and complaint is that Nanotech's financials, there is no credible audit or there is no formally audited accounts?. This is True, but looks like company is waking up to this reality..!
5. Initially they did not have enough 4K materials or titles to market their product, whatever growth or progress made on 4k movies happened most recently, so the free fall of ntek took place when there was not much marketing done except NP-1
6. As I looked at so many penny stocks and so called high beta or high valued stocks, most stock prices gone through pretty much a similar pattern of ups and downs, except that most did not go so far as from penny to sub penny then to almost worthless to 0.0039?.
7. what happened from 0.17 to about .10 is acceptable as correction and healthy, but the descend to 0.03 was not, and unhealthy behavior of a stock, but beyond that is simply ridiculous to descend to oblivious level of 0.003 or the current 0.0064..
with so much negativity and management not doing enough, the bashers and dumpers gang had such a blast, continue to bad mouth and tarnish this upcoming communication/tech co. Besides this "board" here on investors hub, there is another place called "hot stocked" they recruited (some one made this claim on a comments?) some Romanians and etc, to constantly abuse NTEK with terrible, flawed and unrealistic analysis on NTEK.
All of this has to change, as the technical/chart behavior of NTEK is changing drastically as we speak, the move up from 0039 to its double .0069 is real healthy move. From the bottom the move had already too place and it is holding firm, there is no way on this universe one can explain if and when this NTEK can go down or degrade or go downward back to .0039. It is unlikely given the momentum and change in charts, because it recovered and moved up 100% from its low of .0039 to .0069 as we speak. Some suckers who bought at the dead cheap low might be selling, this kind of activity is why NTEK was red in the last two days (my opinion)
this is pretty interesting as it is naturally occurring without the company doing any substantial moves like paid ads or paid promos and so on, but two news helped this upswing:
1. Letter to shareholders that has some forward looking plans
2. the new holiday promo of 99 titles for $99?, the beauty lies in the number, if there are 4-5Million 4K TV owners, even if 10-20% of these many TV owners buy the promo, there is a solid revenue to come through?, it is not clear how many people bought this promo
with technicals turning positive, charts proving it even with low volume, and the company coming out to clean up their shit, things are looking Merry... all the negativity is yet to be resolved but it does not really matter for NTEK to stay here but move on back towards it's previous highs in a ladder step manner.
YOU MAY AGREE OR OTHERWISE, BUT DON'T ABUSE THE MESSAGE..
ALL OF THIS ARE OPINIONS AND VIEWS, DO YOUR OWN DAMN DILIGENCE.....
At its peak, it was traded at 0.17
Descended to .10 range
then a free fall to .03
and almost collapsed to .0039 as the bottom.
Some are healthy and natural movement of a stock, most stock behave, but the free fall was artificial, manipulated and abnormal, why?. What is next for NTEK?.
===============================================
NTEK, as all of you [bashers, dumpers and pumpers] aware that the share price was up around .17 at its peak just about a year ago, that was the peak.
After that stellar performance, chaos was waiting for ntek, it was nothing but a free fall, to a level of .03. What happened from here is even more worse and troublesome than its first catastrophic descend from its peak.
But, upon careful review of NTEK's performance, what transpires is a multi factor rationale or reason behind these behaviors as far as to why NTEK had the free fall. I will mention a few obvious (known) ones, and those unknowns are still unknown as to why?.
1. First the market overall did not do well for the whole of 2015, like a sideway's moves?. NTEK just went up and down along with the market to the most part, however when it rally it did so well regardless of market went up or not, that is actually a healthy behavior of a stock. If you look back whenever NTEK was in green, significant number of times it was up even when the market was down in menacingly RED!
2. Unfortunately, Pink or penny stocks are abused, tortured and manipulated by pretty much everybody besides the companies doing stupid things?. Easy to buy or sell with small amount of money and cause chaotic sings up or down, especially if the pump/dump gangs do this with amounts of shares to the tone of millions of shares?
3. While the stock manipulation ongoing by whoever it might be (as I am not sure who is doing this], the company or management did not care or do enough to maintain a value to NTEK or maintain credibility of the stock as well as running a company that has such an incredible potential and future!!!.
4. One of the main accusation and complaint is that Nanotech's financials, there is no credible audit or there is no formally audited accounts?. This is True, but looks like company is waking up to this reality..!
5. Initially they did not have enough 4K materials or titles to market their product, whatever growth or progress made on 4k movies happened most recently, so the free fall of ntek took place when there was not much marketing done except NP-1
6. As I looked at so many penny stocks and so called high beta or high valued stocks, most stock prices gone through pretty much a similar pattern of ups and downs, except that most did not go so far as from penny to sub penny then to almost worthless to 0.0039?.
7. what happened from 0.17 to about .10 is acceptable as correction and healthy, but the descend to 0.03 was not, and unhealthy behavior of a stock, but beyond that is simply ridiculous to descend to oblivious level of 0.003 or the current 0.0064..
with so much negativity and management not doing enough, the bashers and dumpers gang had such a blast, continue to bad mouth and tarnish this upcoming communication/tech co. Besides this "board" here on investors hub, there is another place called "hot stocked" they recruited (some one made this claim on a comments?) some Romanians and etc, to constantly abuse NTEK with terrible, flawed and unrealistic analysis on NTEK.
All of this has to change, as the technical/chart behavior of NTEK is changing drastically as we speak, the move up from 0039 to its double .0069 is real healthy move. From the bottom the move had already too place and it is holding firm, there is no way on this universe one can explain if and when this NTEK can go down or degrade or go downward back to .0039. It is unlikely given the momentum and change in charts, because it recovered and moved up 100% from its low of .0039 to .0069 as we speak. Some suckers who bought at the dead cheap low might be selling, this kind of activity is why NTEK was red in the last two days (my opinion)
this is pretty interesting as it is naturally occurring without the company doing any substantial moves like paid ads or paid promos and so on, but two news helped this upswing:
1. Letter to shareholders that has some forward looking plans
2. the new holiday promo of 99 titles for $99?, the beauty lies in the number, if there are 4-5Million 4K TV owners, even if 10-20% of these many TV owners buy the promo, there is a solid revenue to come through?, it is not clear how many people bought this promo
with technicals turning positive, charts proving it even with low volume, and the company coming out to clean up their shit, things are looking Merry... all the negativity is yet to be resolved but it does not really matter for NTEK to stay here but move on back towards it's previous highs in a ladder step manner.
YOU MAY AGREE OR OTHERWISE, BUT DON'T ABUSE THE MESSAGE..
ALL OF THIS ARE OPINIONS AND VIEWS, DO YOUR OWN DAMN DILIGENCE.....
