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I bailed out at 5 when there were FB posts claiming big announcements soon. I averaged down enough at 2 to be able to make a profit at 5.
Only about one and a half years until they announce their first sale at G2E 2017. This is going to rocket In Oct. 2017.
Buying volume is drying up. I don't see this going above .05 without any news.
This needs to get to at least 0.12 which is the price of the .0002 6000:1 R/S (then 10:1 F/S) so that the long time stuck holders like me can get out close to even.
This is the first selling opportunity since early 2014 before the R/S. Get out while you can.
Will the trade show push the bid up to one penny? Is one penny too much to ask to sell this thing?
I declare this stuck holder meeting adjourned.
NTGL's big plan is to sell one of these machines to a casino, walk into the casino, play the game themselves, take the casino's money, then laugh all the way to the bank.
Because of the bid ask spread it's difficult to see the past selling opportunities from the chart.
The only real selling opportunity in recent memory was a few months before the R/S when it rose from .0002 to .0004.
Other than that only insiders could have made profits.
I'm willing to wait until G2E 2017 to make any judgement on NTGL.
Everything is right on schedule. They will begin the application process for casino gaming license next year in 2016 so by the end of 2017 they will make their first sale and their first dollar of revenue.
The good news will be announced at G2E 2017.
I predict that they will get an earful of investors at G2E with no movement in the stock.
NTGL is going to announce their sales and positive cash flow at the Global Gaming Expo 2017. I can't wait for the good news in less than two and a half years.
If your average price was .0001 with $17k, you would get 170M shares, translated to 283,333 today. Getting $17k would require .06 PPS.
After the forward split, it only needs to get to .06 to be the pre-R/S .0001. The R/S was actually at .0002 which is currently .12.
If it got to .12, I would go away happy.
They will be back at the GGE 2015 in Oct. with their prototype and plans on casino agreements in 2016.
If this is a successful company, we may need to wait until 2017 before the PPS gets above one penny.
I've been holding since 2004. Last years R/S was at .0002 which became 1.2 which then fell to .09 and forward split by 10. Last years R/S would now be .12. Hopefully I can break even at .12.
I've been a stuck holder since before the last R/S. If it can get to that point again which is .12, I'll walk away.
Nice paper profits! My share count multiplied by 10 with a PPS of .10.
The company has a history of wild swings. I made money then lost money 10 years ago when it when it was JUPM.
However, Meckler got his shares at .37 and I doubt it will get below that.
If this stock can't get above .10 post split this year, the split doesn't make sense, but if it can get above 1 so that uplisting is possible, the split would prove to be a good move.
Are they going to have any sales before G2E in October? This stock may not move until some presentation or announcement at G2E.
"The business and assets of Cetek Technologies, along with the subsidiaries will be transferred to a private corporation..."
Completely illegal theft. Imagine Google transferring all of its assets to a private entity and having its PPS crash to zero.
The big pump has arrived. Everyone sell at .33 or lose everything.
I believe there is a pump planed for this stock. I hope it goes up to the point of the last R/S 1.2.
NTEK went up several multiples to .17 last year. MFST also went up several multiples to above .2. If Bruce bought this shell to make $$ there must be a pump.
I thought Bruce was into selling kitchen gadgets. I wanted to buy some High Velocity kitchen gadgets.
Pump and dump? ZERO volume.
Selling at 0.16?? What happened to buy on the hype, sell on the news? It's sell on the hype, sell on the news.
Since I've averaged down, I may sell at 10.
The ask is down to .20 again. I bought some shares before the symbol change when the ask was also .20. When the ask reaches .01, I'm going to load up.
Could it be a good omen for High Velocity ceramic toilets and kitchen gadgets???
Pure Madness: Revenueless, Assetless CYNK Soars Over $5Bn; Bigger Than GameStop, Cablevision, Jabil Circuit
http://www.zerohedge.com/news/2014-07-10/pure-madness-revenueless-assetless-sync-continues-over-5bn-now-bigger-cablevision-an
High velocity kitchen gadgets? That idea is gold, pure gold.
I makes sense that the new owners want to encourage current bag holders to sell and collapse the price before the pump.
I see huge selling pressure at $1-2. There will need to be many new investors/bag holders to get it above 2.
I've got $2.5K invested averaged to .73 per share. It doesn't matter to me what happens.
There are many poker tournaments in Vegas with entry fees of $2.5K or more. It's a crap shoot.
It looks like I'm one of the few loading up at this discounted price. Next stop is $50.
Any more investment at this point should be considered HIGH RISK.
I'm waiting for .01 and I am going to LOAD UP.
I just doubled down at 0.34. I'll double my shares again at 0.12.
The sentiment on this stock is bad and getting worse. People are losing hope. It reminds me of trades I made in Teck Resources Limited (TCK) at the beginning of 2009. I bought the stock early 2009 and the sentiment was awful and getting worse. On yahoo msg board, a guy sold his shares and claimed to have lost $25K. I bought at close to $5, saw it go below $3, but held on until it doubled to $10 then sold. Then I watched with regret to see it hit $60.
There was charge on my TDA today:
04/21/2014 12:25:57 MANDATORY REORGANIZATION FEE -38.00
which put me at a negative cash balance.