Trust me, trust no one.
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Such freaking BS trades, 1 share? 2 shares? And that brings the pps down??? And all the buying of 1000s of shares doesn't bring it up an equal amount? Such BS the pps can even change on such a trade. It's pretty f-ing stupid that's even possible. Broken system... So of each of us buys 1 share higher than ask in the last minute of trading can we bring it up to a dollar? Sigh *shakes head*
Not 'betting on', it's 'investing in' ;)
NRTI 307k shares.
Kind of funny the markets reaction to each announcement of a board member for developing CBD products. The first one nice spike, and each subsequent one a smaller spike and now down on the forth. Obviously NRTI is an amazing long term play and has absolutely everything going it the right direction. Just short term churn amusing to watch. Fickle MJ stock players maybe. Just creates great buying spots for us longs!
Your right on MJ investors being a fickle bunch... Running off now to try and catch some MJ flavor of the week. That's okay, chance to pick up more shares!
Considering CN promotions (of facts) have been pivotal in putting $100k in my pocket in the last year with this stock and others, I'll be happy to keep getting fooled from his thoughts and due diligence.
Oh shoot, my bad I read your post wrong. Plz disregard.
There is a huge gap between 'not know what you are doing' and 'paving new ground.' These are highly experienced businessmen, the only thing new is the product line and new regulatory statutes to deal with. Structuring deals, managing cash flow, project management, product development, etc etc, are completely relevant. Looking at the incredible job done since he took over, I'd say Mr. James knows exactly what he is doing.
Same post three companies, can you enlighten us on the statement: 'due to the attention over the weekend?'
Yep, having worked in start ups in Silicon Valley my whole life, the importance of solid management cannot be understated for small companies. The mere fact he restructured debt, received millions from New Jersey and did not dilute shares is amazing. Cash flow is everything in small companies because when you run out, that's it. On top of the $ aspect, making such smart moves for products and partnerships. All of this in an incredibly short period of time! (From a realistic time line, seems the average OTC type is impatient! Heh)
Yes I second that thanks to CN!
While no stock can go up everyday, NRTI was highly undervalued prior to the new set of investors. Remember unlike most OTC stocks, we have several products on shelves in national stores, let me know if you can name other OTCs that do. I will agree if the stock spikes up too fast there will be a pullback of sorts, but it's not going to do anything like MJ stocks who got ahead of themselves. I'd personally like to see a stair step pattern, just nice linear growth to match the growing sales. I've been in since Aug last year (100% thanks to crookedneck) and it was undervalued then. We have an amazing CEO, I cannot understate how good he has been with communication, flawless execution and smart moves beyond anything I've seen. There is no earth to come back down to at this point, because reality is this is a great investment, for investors not gamblers. Holding 317400 shares average .134. Go NRTI.
Great volume, just getting started and very soon no more last minute 40 share trades by MAXM in their feeble attempt to keep it down. I hope they get burned bad.
Well I just keep picking up small bites of shares while I can. Holding with 317400 shares now. Go NRTI.
I suspect most are 30s-50s. 20's are spending their money on mcig's to smoke weed, not invest in it.
I live just a couple miles from Google and Linked In HQ in Silicon Valley, i see 10-20 a day just driving by.
Read the post from crookedneck right before yours
Again this seems broken such crap! How can 860k volume only inch it up less than a cent only to have 1k drop it more than one cent? It makes absolutely no sense in however it's calculated. Why doesn't a 50k buy raise it up twenty cents then? Just baffling or I guess more likely set up like this so people can play manipulative games? Which is broken in itself...
Holding my 310000 shares! Let us know if you do find another diamond in the rough!
Also seems a need to be prepared to put in tiny orders for like 100 shares at above the ask in the last 30 seconds of trading each day.
I'll try the same, I grabbed 7500 shares at .13
I still don't quite get how such tiny volumes can move the share price at all. Whatever algorithms used don't take volume and # outstanding shares in to account? Seems broken it can happen in the first place.
Did you end up getting any TRTC? Considering a small position, you think they are worthy?
You are right, it would need FDA approval, but they could do surgical staples on bench testing alone with biocompatibility testing. A class II 510(k) for clearance could be done in 6 months. 6 months for testing first so less than a year total.
In the green, I averaged out at $.13
Finally a happy day! Volume and direction! The funny part being its going on news completely unrelated to the reasons I got in. Although they are executing well on original plan, weed is a hot sector and brining in investors. Hopefully this is just the beginning... Been long holding my 300k+ shares for now.
NRTI
Better volume today, wrong direction though!
'I say that, because it's not like they're a biotech company creating a cure for cancer.'
I happen to work in biotech, working on the cure for cancer, and after being in this field for awhile i feel like biotech stocks make OTCs seem conservative! Heh
Ha! Maybe I'm the chump at the poker table. Time will tell. Having been in Silicon Valley for 20+ years in start ups, I've been through a few companies that went public, I can tell you what forums says about these stocks are often way off and what information is officially released are never all the facts by a long shot. So I know the risks. I'll never get 100% so diversify, diversify, diversify. In many ways the risks on the bigger stocks aren't that much different. Just a different group of manipulators. Someone asked me the other day, what's the difference in working in a start up from a big company? I replied 'when they lay you off, you know the names.' I own my place, 1 mile from google and linked in HQ, and that's been my best investment in life so whatever happens here I can stomach. It's all good. Cheers.
I don't mind debates, and understanding facts is important. However investing and especially OTCs do take lots patience, and there are days that other things is life also weigh heavy, and so some days are harder to get through than others. I'm not a robot despite doing my best to keep emotions out of investing. So often that cheerleading, however anyone else one sees it, is welcomed by me. I know to take it all with large grains of salt, we are in OTC land, by definition high risk. But it beats the heck out of silence. My $.02
Yes, CN is absolutely the catalyst that got me in this stock until the end. Every OTC has a couple of haters and gloom and doom types. Be it just nature or strategic reasons. (though I find it truly pathetic if someone just spewing pessimism for absolutely no reason, if you don't like a stock why the F are you the forum) I for one really appreciate his efforts.
I simply don't understand how 25 shares can even move the stock price doesn't even make sense how are these things calculated? Isn't there any relative amount of shares traded versus total volume of shares available?
This is a test in patience for sure. I've never seen a penny stock that just goes down despite all it has going for it and decent news. Ugh this is killing me lately. Other OTC without product just ideas and some statement of 'it's got a 10 billion dollar market potential' take off. I'm in until the end at this point but it's a rough ride. Especially when I could have been doing other things with my money and bought the same shares for thousands less today. I'd buy more but don't have any more spare change to lock up for now. Grrrrr.
Where is the best place to get educated on how these OTC stocks prices are affected. I just don't get it. Sometimes I will see 100 shares drop the price 10% and then here 1.7 million shares bought and the stock is still down. I'm all in and will hold as long as it takes, but it would be nice it when good news like this come out it get reflected in the stock price a little! It would certainly put the Merry in Xmas at least.
It's not uncommon that layoffs increase stock price. It's cutting costing and consolidating core business. It's an ugly side of capitalism. People lose their jobs while others get richer.
I just don't have any extra money right now to buy more or I would, ugh. Maybe a month I'll have some free cash invest. Holding at 301k shares.
Dang it I just don't have any more spare money to get in on these great prices! Even if I deposit takes three days to clear. Oh well, I know it will be all good in the long run, but I'm sure every one of us is having our patience tested more the we would like. Joe Public most certainly won't understand the data before them, a PR to explain the situation and plan and how well it's been executed to date would be the most valuable thing. Not hype just facts and only projections that our CEO is confident in making. We want to attract investors who make level headed decisions anyway not the 'get in on the Pump n dump' types.
Apologies if anyone is truly upset. Although it didn't cost anyone anything as no one is selling. You couldn't sell what you own now anyway without losing 1000s. Everyday folks are buying a couple thousand shares here and there. My meager 1k or even the 300k shares I have will affect much in the long run. It won't matter until more news gets out, eyeballs and investors discover this company, etc. Are you all really yelling at me about the daily fluctuation?
I couldn't stand the 0 so bought 1k at .135 And it dropped the price, lol.
I think my 10k buy brought it back up. :p
Picked up 10k at .13, 300k now. Seems priced drop to .11???