I think most longs may see things differently than
Post# of 96892
(Total Views: 431)
Posted On: 09/14/2018 2:36:15 PM
I think most longs may see things differently than you do. It is obvious that David Foley and NTEK have been under attack by short sellers for years.
Companies go public to be able to raise capital from the public to grow and expand their business. Some companies make it and prove to be great investments with high risk and high rewards while others fail. NTEK's failure to date is in large part due to those that sold tens of millions of non existent shares driving down the share price, forcing a reverse split, etc. etc. etc. Many small companies have no idea as to how the enemy operates and I suspect initially that was true here as well. The enemy only wins if they are able to bankrupt the company and so far they have not yet been able to do that. The enemy has lots at stake for those millions of markers that sit in our account could become very costly should the enemy start having to pony up for them.
With that in mind each day that NTEK continues to avoid defeat is actually a win for both NTEK management and shareholders as well. Just go to the swamp and read the posts made there by those that cannot afford to stop posting. They are frustrated and desperate and they no doubt realize that NTEK still has the potential to rise from the ashes and cost them huge dollars if it does so. If DF locates an angel this could turn around quickly and since no real shares have been issued in a long time it won't take a huge amount of buying to generate a breakout in share price. I for one am grateful for the effort management is making to keep the doors open and hope alive. Understand we are up against a powerful well connected enemy that wants us all to lose everything. I will continue to root for the underdog. Go NTEK!!!
Companies go public to be able to raise capital from the public to grow and expand their business. Some companies make it and prove to be great investments with high risk and high rewards while others fail. NTEK's failure to date is in large part due to those that sold tens of millions of non existent shares driving down the share price, forcing a reverse split, etc. etc. etc. Many small companies have no idea as to how the enemy operates and I suspect initially that was true here as well. The enemy only wins if they are able to bankrupt the company and so far they have not yet been able to do that. The enemy has lots at stake for those millions of markers that sit in our account could become very costly should the enemy start having to pony up for them.
With that in mind each day that NTEK continues to avoid defeat is actually a win for both NTEK management and shareholders as well. Just go to the swamp and read the posts made there by those that cannot afford to stop posting. They are frustrated and desperate and they no doubt realize that NTEK still has the potential to rise from the ashes and cost them huge dollars if it does so. If DF locates an angel this could turn around quickly and since no real shares have been issued in a long time it won't take a huge amount of buying to generate a breakout in share price. I for one am grateful for the effort management is making to keep the doors open and hope alive. Understand we are up against a powerful well connected enemy that wants us all to lose everything. I will continue to root for the underdog. Go NTEK!!!
(18)
(1)