I think we have a debate about trading strategies.
Post# of 96891
(Total Views: 315)
Posted On: 04/16/2017 4:51:26 PM
I think we have a debate about trading strategies....
Many OTC stocks aren't good for much but flipping.
That is a valid strategy for many.
Many in the investment business don't feel OTC stocks are good for anything else
Many have categorized NTEK as that kind of stock. It has probably made people money playing it that way over the years. Can't deny the reality of that.
However, once in awhile you find a stock in the OTC that has tremendous potential to move beyond that paradigm if they can manage their business correctly and survive the pitfalls of being on the OTC.
IMO NTEK has that potential. There have definitely been major bumps in the road slowing down progress. Happens with a lot of companies....
But, even with those bumps, NTEK has been demonstrating forward progress over the almost 3 years I have owned it. Not as fast as many would like, but the forward progress is undeniable.
IMO we are about to take another evolution as a company that should provide a significant boost in business and take another step closer to sustained profitability.
So....IMO whether you decide to hold, flip around a core position, whatever, as per my own DD, I think holding this stock long term is going to pay handsomely down the road. If your just flipping it, like Fuja says, it's at your own risk but, that's the individuals investment decision, just like deciding to hold.
It will require patience. NTEK is still in damage control mode. There are limited resources to get a lot of stuff done.
Do your own DD to decide if NTEK is a proper investment for you.
GLTA
Many OTC stocks aren't good for much but flipping.
That is a valid strategy for many.
Many in the investment business don't feel OTC stocks are good for anything else
Many have categorized NTEK as that kind of stock. It has probably made people money playing it that way over the years. Can't deny the reality of that.
However, once in awhile you find a stock in the OTC that has tremendous potential to move beyond that paradigm if they can manage their business correctly and survive the pitfalls of being on the OTC.
IMO NTEK has that potential. There have definitely been major bumps in the road slowing down progress. Happens with a lot of companies....
But, even with those bumps, NTEK has been demonstrating forward progress over the almost 3 years I have owned it. Not as fast as many would like, but the forward progress is undeniable.
IMO we are about to take another evolution as a company that should provide a significant boost in business and take another step closer to sustained profitability.
So....IMO whether you decide to hold, flip around a core position, whatever, as per my own DD, I think holding this stock long term is going to pay handsomely down the road. If your just flipping it, like Fuja says, it's at your own risk but, that's the individuals investment decision, just like deciding to hold.
It will require patience. NTEK is still in damage control mode. There are limited resources to get a lot of stuff done.
Do your own DD to decide if NTEK is a proper investment for you.
GLTA
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