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Some electronics liquidator IMHO more importantly, where are all these extra shares coming from, who is selling all of them and how many millions have they made through their gross dilution?
77 million shares since September alone
Scary... looking like .02 soon
One slight correction... QUALITY content. Which we have yet to see. As to the additional 77 million shares now available... I am open to suggestions as to where they came from. What's your take?
You miss the point entirely. Valuation based on placement AND content. it wouldn't matter if I compared NTEK to a widget company. I only draw the comparison for lay-man's relativity. The market cap here is grossly over inflated. Rather than diluting a legitimate business would be reducing outstanding shares.
Sign a content deal (a meaningful one) and buy back shares, or watch this ship sink into the abyss.
I'll be watching, as I believe in the IDEA of NTEK. I just can not trust the fundamentals here
If you wish to better understand the value of this company look at the open available shares and market cap of a similar company in the content delivery business. Sensio delivers 3D content and are verifyably legitimate. They have content deals with Disney and universal. They have all the latest 3D content...
Sensio has a $16.6M market cap and only 104M shares out. What do we have here? NTEK has roughly a $29M market cap and around 700M shares out.
Scary, if you ask me
I may very well buy back in. I was long here up until last week. I buy in to every idea they are selling. I hope all longs prosper. I am not a good Samaritan nor do I bash. I simply offer my balance of DD. Do with it what you will... So far this is an over sell and under deliver and there is absolutely no doubt money leads substance in this endeavor. I'd be careful. I'll be waiting for something of substance before re-entering NTEK
I have a buddy in LA he knows this game well. He got suckered into co-ownership of a tech start-up. Lost $500k if his own money in 6 months working with a guy like Foley. When I told him I bought into NTEK and asked him to have a look at it... he caked me the next day and told me to get out ASAP. I started selling that morning and got out from .064 to .054.
He said watch for a REAL content deal b4 I get back in. Sitting watching waiting... GL all but be careful. These guys ARE getting fat off you as you all get excited over the pumps. My buddy could duplicate all that they've done this year for around $50k. And by the look of it... pull out tens of millions over the year. Likely they've made $10M off you in the last 3 months
So... 74 million shares have been issued by NTEK in the last 3 months?! And if sold by insiders over the last 3 months... the value is somewhere between $4M and $10M
Is that correct?!?! Wow... glad I sold when I did.
JJ... I hope you bought back in right after the no show on the EB .76-.79 buy will be looking pretty good EOD
Opa.. also German fire grandpa. Hopefully we are not all grandpa's by the time this is done
Do they pin this at exactly 10.50 for OPEX?
Yup... I believe you are right. I'm back in, now. Glad I didn't have to sit around watching this week. I hope the timing is right. With luck... news b4 the weekend. IMHO Apple's will to get this debacle behind them TRUMPS all other minutiae.
GL LONGS
100% with an addition... If a major substantiated an actual "partnership" and pushes app to top line of consumer's choices preloaded on their in-home 4k tvs
If you want to fill... set for .0395. Still might not fill but you'll have a chance. If you fill below .039 you may need a parachute
I couldn't wait... had to increase my half position today. Your patience is admirable. Looking forward to the day I hear you say, "I'm back in!"
Why "uggg"? Mio no comprendo...
May hold a bit at .0435 and bounce. The next fall (tomorrow) will be the writing on the wall or the new floor for a bit
100% called this action this AM. .0435 coming to a buyer near you, soon. IMHO
Sold two other positions to buy more ipci yesterday. Great timing by the look of it.
Paint up AM. Small rally after drop to .49 and then lower as management realizes that this may be all there is left to pull out of the pps. .045 is likely at some point and may even touch support at .0435.
Although, I hope for you all that it hits and holds .06. Not likely without news.
Eggs chicken basket. I don't care as long as the eggs don't crack. Preset sell prices set and an unwavering commitment to profit and re-buy on my beliefs, dd and personal understanding of potential support and resistance.
Up. Sell. Dip. Buy. Hold. Up. Sell and repeat.
Down = stop loss hopefully lower than grubby MMs can reach
Just imagine if the position dump on APPLE had something to do with inside info on the litigation with the GTAT. The market is not paying attention to GTAT, so the world is baffled by the dump... interesting, eh?
Speaking of Apple. Would anyone like to know why APPL shares plummeted today?
Someone heard about how many GTATQ shares "we" have and got jealous. So... they sold their position in APPL and plan to buy ALL of our GTAT shares at $3.00+ NEXT WEEK
Your NO "dang fool"...
Looking for a re-position somewhere below .046 before REAL news, if there is any. I'll be watching closely for the next few days. GL
In truth... I hope NTEK flies north of .20 on news of a content deal and a confirmed push of the app to every 4k TV on the plant. That news would be awesome... as long as it comes AFTER I buy back in. Good luck on your investment. You have something I do not... "faith". I'll trust my money grubbing self on this one. Now that .54 has broken my "faith" is temporarily unavailable to NTEK
That may turn out to be a nice buy. It's always good to get in at the bottom of a dip. Good luck on the news tonight. No news may result in a blood bath tomorrow
I started selling this AM and filled (albeit only 4000) at .064 and continued selling all day... the writing was on the wall, for those who can read the signs. Or you can "hope" for news.
Any one else fill at .064. NOPE!
If Samsung releases a PR tonight touting the virtues if their amazing partnership with NTEK. I will congratulate all of you on your patience and jump back in.
Do I expect that to happen... ahhhh. No.
See you at .0435 on Wednesday
Simple... the lack of fruition for the content and the lack of confirmations from Samsung, visio and sony tell me that this is an app. Nothing more. Can you get it on your 4k tv... yes. Will anyone... no.
Once it is a FEATURED APP pre installed and once NTEK has actual content someone would want to watch... this is a runaway success. Until then... it's a P&D that traders will make money on, if they understand support and resistance.
I recommend you trade it for profit like myself and others. You will only miss ONE pop when and if NTEK becomes legit. I'll miss ONE pop sure, but I'm currently sitting with a tidy profit in the bank and 0 NTEK shares. Tomorrow or the next day I may DOUBLE my position with profit.
How are YOU doing?
Knowing you are OUT... I scalped half my position on the last pop. Thanks for sharing. I owe you a drink for sure. Happy to ride out whatever EB outcome we have with a little profit in the bank for a change.
Pump and dump confirmed. Just glad to have liquidated for a nice profit ahead of others. I'll keep playing but wouldn't consider myself an investor of NTEK at this point.
This IS retail dumping AND NTEK insiders taking what they can, while they can. It took all day but I got out with nice profits from .039. I will wait for a major announcement from a company OTHER than NTEK b4 re-entering. GL all... I wish a content agreement and Samsung's acknowledgement for you all. See you then...
Agreed. If you want to know which company is top of mind when it comes to 4k content... Just do a Google search of "4k content agreement" see which companies are listed in the links that pop up.
If not ultraflix... who is going to lead this race?
It looks to me like there is ONE clear leader
Filicht du beist ferucked?
People world wide are starting to find Ultraflix. Samsung, Sony and Visio need to "push" the app to their consumer owned TVs. Once this is done... BOOM! As long as consumers have to find and download the app to their TVs on their own, NTEK will trade sideways and down.
The next POP comes with ease of access and content, which I have been saying all along.
Organic growth is meaningful, but slow. An announcement from any legit source sends this to the stratosphere!
Now that one I like. Written by a Best Buy "staff writer"... mentioning Ultraflix content.
Now, if only someone - anyone... from Samsung or Best Buy corporate would confirm any form of actual "partnership" with Ultra flix, we'd be off to .20+
Without those confirmations and a decent website... we have shares in a somewhat ok app that no one had ever heard of.
Yes, I just ended a sentence in a preposition. Sue me
Now that one I like. Written by a Best Buy "staff writer"... mentioning Ultraflix content.
Now, if only someone - anyone... from Samsung or Best Buy corporate would confirm any form of actual "partnership" with Ultra flix, we'd be off to .20+
Without those confirmations and a decent website... we have shares in a somewhat ok app that no one had ever heard of.
Yes, I just ended a sentence in a preposition. Sue me
Morning... bid ask not looking to bad thus AM. A new reverse trend to begin again this AM
If these were stop lid pick ups... good news tomorrow. I'll be buying any dip in the AM. I was lucky enough to grab some with dumb luck b4 close. Maybe worth a double down tomorrow AM. Good luck to everyone on their gamble.
100% correct. This puppy soars with a legitimate content deal. We need quality content agreements equivalent to Sensio's 3d contracts with Disney and universal.
Imagine the following announcement... "HBO signs content contract with Nanotech. Game of Thrones (currently being filmed in 4k) will launch on Ultraflix this spring!"
OK, so that's a stretch... but, you get my point.
I don't yet know if it is a good thing or not, but I have been accumulating. Those who hold the shares are not currently releasing them too cheap. I just picked up another 15k and will keep buying the dips until the REAL action begins
I don't yet know if it is a good thing or not, but I have been accumulating. Those who hold the shares are not currently releasing them too cheap. I just picked up another 15k and will keep buying the dips until the REAL action begins