Things are not as bad as some people are indicatin
Post# of 96879
Posted On: 10/06/2016 2:51:58 PM
Things are not as bad as some people are indicating if you have a portion of your shares in a taxable account for future tax loss harvesting. However with that being said, we have all been taken for a wrong way ride by this company.
Please NO MORE EXCUSES for a PPS in the toilet and 90-95% losses for loyal longs: The following excuses and reasons are really getting old. Some of the excuses have some validity but could easily be overcome and squashed by NTEK management if they really respected or cared about loyal longs.
(1) Naked shorts,
(2) Management is quiet for a reason
(3) Don't worry market cap is way way undervalued
(4) The O/S is locked by longs
(5) UF is involved/partnered with billion dollars companies so all must be good
(6) Once DF returns news will come out and the PPS will skyrocket
As a NTEK long, I myself have posted many of these same reasons for hanging in there or purchasing additional shares (I must be insane or quite stupid). Well I am done!!
Please averaging down does not work with this company. They have a
6 Billion A/S, will continue to dilute and do not give a rats ass about loyal shareholders. I hope some of your shares are in taxable accounts for tax loss purposes but for the most part we are all stuck bagholders and cannot sell at these 90-95% losses.
NTEK management if you are reading this post you should REALLY BE ASHAMED OF YOURSELVES FOR BILKING AND LYING TO LOYAL LONGS.
Please NO MORE EXCUSES for a PPS in the toilet and 90-95% losses for loyal longs: The following excuses and reasons are really getting old. Some of the excuses have some validity but could easily be overcome and squashed by NTEK management if they really respected or cared about loyal longs.
(1) Naked shorts,
(2) Management is quiet for a reason
(3) Don't worry market cap is way way undervalued
(4) The O/S is locked by longs
(5) UF is involved/partnered with billion dollars companies so all must be good
(6) Once DF returns news will come out and the PPS will skyrocket
As a NTEK long, I myself have posted many of these same reasons for hanging in there or purchasing additional shares (I must be insane or quite stupid). Well I am done!!
Please averaging down does not work with this company. They have a
6 Billion A/S, will continue to dilute and do not give a rats ass about loyal shareholders. I hope some of your shares are in taxable accounts for tax loss purposes but for the most part we are all stuck bagholders and cannot sell at these 90-95% losses.
NTEK management if you are reading this post you should REALLY BE ASHAMED OF YOURSELVES FOR BILKING AND LYING TO LOYAL LONGS.
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(1)Nanotech Entertainment Inc. (NTEK) Stock Research Links
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