Unless they become a competent content provider in the industry, I do not think a buy out will happen in a short term.

I believe some funds are adding NTEK into their portfolio. My guess is we will see ~10% gain tomorrow. Great accumulation today. It was traded above 1350 for hours. I added more today but have not done yet.

Actually that is correct. I will add more above 0.15.

We need at least 5m shares daily to keep the momentum.

David, thanks for taking time this afternoon to answer my questions regarding the financials. Please kindly ask your accounting dept to review the fixed asset purchase treatment on both balance sheet and income statement. Thanks again.

For whoever contacted me via PM, please send me an alternative email. I do not have a paid Ihub account. Thanks.

Eric, I need to contact them first. But you can take a close look at their cash flow statement you will find them. I do not want to get yelled because of posting this. But it was a favorable mistake.

Eric, their financial will not be audited for now. There are mistakes in their fiscal Q1 financials. I will send their IR dept for more clarifications. But I have to assume their revenue was correct, which all matters, right?

Ok ok. I already did just twice. I still have one order at 0.1305 though.

The stock is not active. It's so hard to get an order filled. I missed again the lowest by 0.001 cent today . Placed another order waiting to be filled.

The first order was filled at $0.118. Another order with more quantities missed the lowest point by $0.002. I just placed another order for the first hour of tomorrow morning's trading session.

My order was placed at 0.118. I am fine to buy it higher as long as the break out above $0.1395 confirmed. Remember, many traders are outside of ihub and they do read the chart. TA indicators might indicate a pull back. What will bring in more than 18M volume tomorrow? Hmmmm...

I already placed two orders. My guts tell me it will test 0.11+ Tomorrow. I can't be wrong. Still new to this stock.

There is a RSI divergence on the chart though. I am still looking for a good entry point to add more.

Quick question: is the streaming player priced at $700 range at Amazon? Is the price competitive considering a TV is only about $1k? Is it only for commercial use?

Thanks. I called them but they did not answer the phone.

Does anyone know who is NTEK's accountant? Does NTEK file their financials from an in house person? Thanks.

I noticed their gross margin came down from 69% in June to 36% in Sep. why COGS of Media was so high? The rent expenses also tripled comparing to June. What's the financial impacts after they acquired another company? Was there an acquisition from July to September? Thanks.

Q4 revenue higher than Q3 was already in their financials filed.

I am still waiting funds to settle in the trade account. Uaaaaaa.......
0.1250 has a good support.

Eric, I appreciate your thoughts. What I need to decide here is how much position I need to purchase. I am not sure the risk yet. I know the momentum right is good. But the daily trading has not been up much since August. The daily bid and ask spread is large to somewhat extent. Their Q4 already turn profitable and their main operating expenses are pay roll. Can this stock go above $0.50? I am not sure. Maybe I need to learn from people who bought at 0.01 level and still hold them today. Let's see if tomorrow it would go down or not. But overall I like the almost 45 degree ascending trend.

I don't think this company has a product worthy a buy out yet.

Thank you very much. I try to assess the streaming player's impact on the financials.

But don't we need a vision? If everything is ready, it's too late for the competition.

I just very small portion to get the feel about it. Will add more at right time in my opinion. NTEK has been on my radar since August.

I already reviewed their financials quarter by quarter they filed. I also did some research on their partners. I was not able to tell which product contributed to increased sales from Media section. BTW, I did purchase some shares today at the opening. I was hesitated when it was 0.096.

Could you please share with us what product drove quarterly revenue increased by 250% from Q3 to Q4 ended at June 30, 2014? Thanks in advance.

Hahaha.....

I have the patience and the confidence to hold it. I am not rush into being a millionaire in a week. :)

Welcome back! You were missed. :) hope you will get better soon.

Agree.

Very nice found and timely posting. Good job Whosamesa.

Well at least he sold it before pps dived into 1.03. That was a good trade which I did not have the gut to do.

He had an account screen shot posted back then.

If I recall correctly, he claimed his average was 1.48 and he sold at 1.50 with his 1M shares back then.

Exactly! Well said. Thumb up! Go FNMA!!!!

Tomorrow close above 1.80? :)

Of course you did.

Exactly!

3:45, I predict the pps to close at 1.51. Push will start at 3:52. Fun of today. :)