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I know, somethings are just to funny.
Can't forget what Zachs thinks about this relationship between Ingram and NTEK.
http://www.zacks.com/stock/news/118033/Ingram-Micro-NTEK-Ink-Distribution-Deal
Have you looked at this Ingram Micro thing. It looks like NTEK is listed in Ingrams database as NANOTECH ENTAINMENT instead of entertainment. Found a few resellers that are already listing the NP-1 and the NP-C.
No doubt the company has been pretty tight lipped as of late, but things seem to be happening in the background.
I think he is on track. His timing might just be a little off.
But hey, no one is perfect.
Let me get this straight, you are saying that NTEK has listed a product for sale in the Ingram Micro database with out Ingram's knowledge or consent.
And unbeknown to Ingram Micro, this information has been sent out to their resellers.
Is that what you are saying?
Did a search of NANOTECH ENTAINMENT and found a bunch of resellers listing the NP-1 and NP-C for sale.
Would think the only way that info would get to resellers is if the NP-1 and NP-C are listed as products in Ingram Micro's main database. Don't think you can photoshop your way into that database.
But as always, some of our "friends" here will find something to snort about.
Chatting with some investors on BIGs FB page about the recent news in relation to Amazon's upcoming release of their set top box.
If the box is launched the general feeling is that it will not be 4k capable.
BIG did comment that he feels very confident that the Amazon box is in no way related to the NP-1, but he is also very confident that there is a deal between Amazon and NTEK.
Morning, looks like the data fields at ingram micro are character limited.
The name appears as NANOTECH ENTAINMENT instead of ENTERTAINMENT.
Google search of NANOTECH ENTAINMENT brings a host of electronic suppliers that list the NP-1 and NP-C for sale. Of course at this time you have to pre-order, but the supply network is set-up and ready to go.
Now we need to hear what retailers are going to carry the product in store.
Don't think so. They will have plenty in a few weeks to play with.
Then we can slide the goal post back a few more yards and see what other nonsense is brought up.
I think we have heard it all, from:
No UL listing for the power cord
No CE
No UPC code
No 4K
No NP-1
and on and on and on......................
Now its....Wait till they crack it open.
The forever moving goal posts.
"Entities" is a little vague for me. Give me a few names.
I am sure they will. At 299.00 a pop. Third production run already ..... at 20,000 units a run.
Thats a lot of money.
Your kidding? When was the last time you cracked open something you bought?
Come on now, your really reaching here.
Don't worry. The NP-1 is coming to a store near you soon. Just wait. The company will PR what stores and any partnerships that developed with major companies.
Talk to BIG, he got one.
I can't do everything for you.
Not true. The stock is being flipped as it floats up and down.
Prove it doesn't.
Didn't see anything about 4k. Did you. Not the same box. Nice try though.And it costs almost as much as an NP-1 and doesn't have near the features of the NP-1.
Saw you posted a picture from BIGs web page. Nice box. Did you get a chance to chat with BIG. He says the performance of the NP-1 is outstanding.
Its not the same box.
Sure did.
Amen to that brother. We know they control the market. But that doesn't mean they don't make mistakes. Remember WDC$. When they screw up its major.
My opinion is that in a short time they will let it run on news.
In the mean time the flips between 8 and 11 are nice. And just let the long position ride.
What is that 603 t-trade. Silly
No usually the PRs are just text, they assume you do not need pictures. Can you spell Amazon?
MMs never look at the merits of a company. They always trade the same way. That's what gets them in trouble with a company like NTEK. They expect it to just crash and golly gee it just won't. Now how do they buy back all those air shares. Well I guess at a higher price. OUCH
Reg sho is a count of the shares that failed to deliver for that trading day. If 60% of the traded volume failed to deliver in a single trading day it is a strong indication of manipulation by the MMs of the share price.
That is why the SEC requires FINRA to report that data every trading day. So they can keep an eye on the MMs.
Yes they are. Know the rules if your going to play.
Cant wait to see the Reg sho. Friday was over 60%. Got a feeling today will be the same.
Don't think MMs are after us. But have a feeling they are after our money.
We see a consistent rise in Reg sho whenever there is upward pressure on NTEKs pps.
This could just be coincidence, but I just don't believe in coincidences in this market.
When you look at this data and the events that are taking place on this board and the trading activity you see on L2, it really starts to paint a pretty clear picture.
Just my opinion, and as always time will tell.
Fair price in my opinion with a forward looking P/E is 16x earnings. That should put the price in and around .26.
That doesn't take into consideration that we have 60,000 NP-1s produced or almost produced, which will probably increase projected revenues.
Think most or your predictions, sorry all of your predictions have been wrong.
Why would anyone consider anything you predict now to have any merit.
This week is going to be fun.
Hope your on the right side of the trade.
Thanks and welcome aboard.
A PR before open will be sweet. But not worried either way.
When the NP-1 starts hitting doorsteps, this board will know.
There will be a lot of testimonials and plenty of pictures that some people on this board are waiting on.
And remember. We haven't heard anything about the signage show yet. Just more potential news.
One has to have patience to make money. The pictures will come. Think a PR will probably precede those pictures your looking for.
Still seems to be some info bouncing around about some sort of deal with Amazon. Wonder if we will see that PR before Tuesdays open.
Now that would be sweet. Talk about a gap up.
He didn't say it was a prototype. But he did confirm some info already put out by IR.
That the NP-1s are shipping to pre-orders this week and Foxconn is in the third production run.
Each production run is 20,000 units.
Revenues are adding up fast.
Just reading that myself. We are on our way.
Hey Rec,
That is outstanding. Have seen some of your DD work on other tickers and it has always been in depth and on target. Glad to see that this one comes with an added bonus:) Enjoy the fruits of your labor.
Great Job.
Amen brother. The shorts have had plenty of time and oppurtunity to make a killing. Its time to let it run. They can always come back on the retrace.
Saw a similar post from another poster. Based on when your order was placed, would determine what production run your order is shipped from.
When email confirmations start to go out, we will know. The board will definitely light up.
This is a good sign. We are starting to trade as a mature ticker. Thats great prep for the QB and NAS.
During the lull in news, as we awaited the NP-1 the stocks performance was excellent. Even with...what I call a short attack...we held the 200 and bounced. Now with news just around the corner....it is out turn. Look out shorty.
Sign me up. I have two positions..one I trade and one long.
But if you think about it...even at 100 bucks a week that is still a 10g investment. Overall the price is up from the beginning of last year. However it is down 40% from its recent high. So as longs we are still making money, no question there...but in between the shorts are making theirs also.
These next few weeks should bring the kind of news that should drive price back to recent highs and above.
Love to find out. Just one of those unknowns. But people don't work for free. So there is a cost associated with this practice. The real question is who's footing the bill.
If we count the number of posters that post nothing but negative comments about NTEK, I think it is around 10. And this assualt on the stock has been going on now for 2 1/2 months.
Now nobody knows for sure, but rumor has it that they are paid to do this, if that is true..what is the cost. If we assume an average pay of a 1,000 a week per poster...and assume 10 posters-that's a cost of 10,000 per week in payroll, considering this all out assault has been going on for 10 weeks..that's is a total of 100g in payroll invested.
Who puts up that kind of money to manipulate a penny stock. Would have to be an offshore hedge...someone with deep pockets. And someone who has B/D connections that allow them to hold short on trigger for 53 days and are also allowed to fail to deliver to the tune of 61% of trading volume.
Just things that make you wonder.