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So, we have a SP increase of 31 %, with 11 mln sha

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Post# of 2009
Posted On: 03/15/2016 5:41:59 AM
Posted By: krid60
So, we have a SP increase of 31 %, with 11 mln shares traded, of which, according to the short ostrich, a third was short sales. LOL
Presumably because the UF app is now available for Apple devices, of which the majority can't even display 4K, as is acknowledged by the info added to the UF app page on the App Store.
Furthermore, with the recent price increase, UF movies are more expensive than Amazon HD rentals. F.e. MI Rogue nation is $6.99 on UF, $4.99 on Amazon Prime. Terminator Genisys is 12.99 on UF, 0.99 on Amazon. Blitz is 4.99 on UF, 3.99 on Amazon.
So impact on revenue is questionable.

Anyway, no PR, nothing on Wong's board, not a word of such an important milestone from the company ?
I'm skeptical if this SP increase will be supported. We'll see. We've seen spikes like that before. I sure do hope it will, but what could be different now ?. Maybe the official PR announcement provides some support.

Anyway, nice to see a positive jump in the SP, without any PR from NTEK, nor from IR, just a tweet and a post on Facebook.


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