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Agreed. This should hopefully close back in the high .15s/low 16s.
Haha what a day. Pure manipulation, bs! Oh well creates a nice support level at .15.
Wow, down to low .13s one moment and back up over .15 by eod. Criminal how these MMs work and shake people out of their shares. It really is a guessing sometime on which way they take it. The main thing is the long term.
Have you followed this stock at all lately? Recall when it formed a huge base in the high .12s and low .13s. It sat there for quite a while and RSI reset. Those days are gone IMO.
I see it possibly dipping down into the .14s but beware NP-1 news could come out at anytime.
And what makes you think it's dipping that low? The chart is still pointing upwards.......
Exactly. Dam people sway like the wind on this message board. One moment it's going to $5 next moment it's going back to .05. There is only a select few I trust on this message board. The key is stick with the fundamentals. Nothing has changed with the company yet. This is complete MM manipulation right now. NP-1 news could literally happen at any moment now with sales projections. There is definitely some exciting times ahead!
I agree. NP-1 news should literally be coming out any day now which should boost us in the .25 range.
Very well said!! I agree, one of their major goals is to get to the Nasdaq with less volatility and the two major ways of doing it is increase revenue and reduce shares.
Should reach close to .25 before next mild pullback. Imo
IMO I think we close above the .157 resistance by the eod!
Let's get through the .157 resistance today!
There is a very good possibility by next week sometime we could see new highs!
Haha what do you know we close right at an even .15. I"m very happy with that as next week we should start seeing our next leg up and possibly new highs!
If we close above .15 I will be a very happy man! It should setup for a very nice next week especially with the hype around black friday and electronics in general. An NP-1 pr should be able to push this to .25 IMO
We need to break the .14 resistance IMO to really start jumping again.
If they even made a deal with one major studio this stock would skyrocket overnight.
Completely agree.
That's exactly what I was thinking. Volume is gradually starting to pick up again.
I think the key today is we close over .13.
Looks like I chased a little and bought in a hair over .13 near opening. Oh well. I really like the action this morning bottom line. It seems like a lot more people are gradually filtering in to the stock anticipating an NP-1 pr could happen any day.
Now we should hopefully be done with the .12s.
Still not totally convinced it has completely bottomed yet. I think there is a chance it could still test low .12's tomorrow although I will probably give in and buy some more at opening. Not worth the risk as an announcement about the NP-1 release can happen anytime now!
If there is low volume I could see them pushing this down more. We shell see. Bottom line I don't see going down much more!
You took the words right out of my mouth. I don't think we hit the bottom yet after yesterday. When we reach the bottom we should know it by some huge volume coming in scooping up the cheapies.
Tomorrow should be very interesting to see if we get another dip testing the .12 support or we jump back up above .13 right away. Once we break the .14 resistance we should be full steam ahead again. The NP-1 PR should hopefully get us to new highs very soon! Imo
Perhaps a quick dip in the morning to low .12s and bounce up for good.
We need a PR announcement bad giving the official shipment date of the NP-1 and projections. The MMs are going to continue to have their way until one comes out. The good thing is we should get one in the next couple of weeks. I honestly can't see this breaking the .12 resistance but then again I would never envisioned a pullback this far down. I guess the pullback is not that far out of range compared to looking at the history since August. Probably 10-15% more of a pullback compared to others since August. It just seems a lot worse because everyday the MMs just gradually bring it down more and more. I really think the lack of big PR news of late has hurt this stock a little. Investors including MMs are sitting on the sidelines until the NP-1 comes out (or bringing the price down grabbing up cheapies). I truly believe the next leg up will be to .25+. Then quarterly earnings will be right around the corner to help give it another boost. Management is doing everything right as far as we know right now it's just taking time to actually show it on the financials. One thing I do disagree with though is constantly issuing more shares instead of a normal salary for people's services. I know it gives them more motivation to help the company do well but I hate to see more outstanding shares floating around. I hope the company will announce some sort of buyback of some of the shares in the coming year. I believe they will if they want to get this to a bigger board. Imo
Wow the volatility is back, reminds me after the second run. It seems oversold at this price and should bounce back up to high 2s or low 3s until more news comes out.
My timeframe is a year from now where I might need the money. I think this will be a $1 by then Imo. I know it's hard to believe right now but this stock can move up in a hurry. I think the company within a year will have reduced the outstanding shares even more. They want to move up to a bigger board with less manipulation and they are positioning themselves with just that. I feel like that is why they want to get financial statements audits again.
Agree. MMs are controlling this until we get news which should be very soon. The pps should jump up very quickly then with some volume.
Looks like we could possibly test lower .12s tomorrow which might be a good thing to bring back the volume and get a big bounce. I was very surprised to see this dip below .13 again. I suppose the MMs playing more games to buy some cheapies. I highly doubt it will ever go this low, but I see .11 as the ABSOLUTE bottom. I would be VERY shocked to see this break below .12. Thoughts?
It's amazing how tight of range this is trading in right now for a penny stock. This does not want to dip below .13. I think this is a signal that it's definitely the bottom and just a matter of time before we start another run upward and reach new highs. Imo
Haha amen to that!
Agreed. Right now it has established a very solid foundation/support at .13. We might see a few more days of sideways trading with very little movement before we head back up. I think a lot of people are sitting on the sidelines waiting for the NP-1 PR announcement. The main thing is the chart looks very good with this support at .13 and the RSI so low. I think next leg up with hit .25 depending on NP-1 projections. If we get some huge projection numbers then this could go a lot higher! Then next year we have quarterly earnings to look forward to which should boost the price even more. Imo
We can't have this close in the .12s otherwise low .12s will be tested tomorrow IMO. We might need this though to bring in the volume and get the big bounce or a nice PR. Bottom line, until we get the PR on the NP-1s the MMs are going to have their way with this.
I agree the MMs are trying one last time to take this down into the .12s. Dang though, the .12s get gobbled up quickly. IMO, you can tell this is the bottom considering how fast the .12s disappear. We need to break thru the .14 resistance and we should start heading back up with bigger volume. This is exactly why NTEK needs to get to a bigger board with less manipulation and they know this! I think the next run is going to be very strong and should get us at least to .25 before a pullback again.
I think there is a good chance it will. Sideways trading now around the .13 support level.
We need to break the .14 resistance to head back upwards and reach new highs.
I think we found our base/support at .13. Perhaps some sideways trading for the next few days/rest of this week. I think as long as this has stayed down I think the next leg up is going to be very strong especially with the PR announcement of the NP-1 coming soon. Imo