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Man did Steve Roseman fool all of us claiming that AMRN was going to get bought out for between $20-$30. Has anybody heard from him in a while?
If Joe Z did in fact receive a $18 - $20 buyout offer from a big pharmaceutical company, he should have taken it! Stubbornness might cost him in the end.
Wow, I use to own this stock a while back and sold out around high 6's. Not looking good for this company. It's sad there was so much promise and potential here but they receive bad news after bad news. I bought in around 11 and I remember it shooting up to 14-15 range after approval. Nothing but downhill since then...
Wow, I can't believe it dipped to low .09s today. Just when you think you had the game figured out, they throw a curb ball. Somebody got an absolute entering in at those prices.
Agreed! Tick tock tick tock, only a matter of time!
It seems like FNMA is stuck in the 1.50 range where it's been hovering mostly since the last run. It dips every now and then around the $1 range but always settles back at 1.50. If this can ever break 1.75-1.80 then I might be back in.
Exactly. It's still the consolidation period. Notice how it didn't like being in the .09s too long. A little more consolidation in the .10s and should start to gap up to .14s. Too much exciting news coming in the short term to let this go or be out of it.
Agreed! Especially when a lot of people see this anywhere from .25 - .5 by Christmas!
? What's the news?
More consolidation. I expect a move up either later this week or sometime next week. As long as it holds above .10 I'm happy.
Good post. This is going to be very interesting tomorrow and the rest of the week!
Exactly! To me when most people glance at the headline, it sounds like they are still getting shut down and replaced by an entity similar to them. It could be a very interesting morning tomorrow.
Nice bounce! I did not want to see it dip below .10. NOT good consolidation if it would have done that
Nice consolidation today.
Today's selloff was due to profit taking and end of week sell off. It will consolidate in the .10s and .11s early next week and should hopefully end the week at .14+. Too many big catalysts in the near future.
Agreed. There are so many divisions of NTEK that are going to start bringing in some big revenue!
4k/Ultra high def is on the verge of getting discovered and going mainstream. I think it will come discovered by most people during the holiday season this year. 2014 is the year for NTEK and will start to see a nice ROI on their infrastructure they are currently building regarding 4k. Revenue should still be impressive for Q3 and Q4 but next year's earnings should cause this to go parabolic. That is why I still have a price target of a $1+ by this time next year. IMO
The way I see it is they have way more partnership deals, new avenues of making money than they did when this hit .14 during the last run. I still see the price at .5+ by first quarter next year.
I agree...consolidation in the .10s and .11s and then next step up!
I personally don't. I think there a lot of people still skeptical about the release of the NP-1 and when and IF it will ever ship. I think once NTEK proves them wrong, it will bring in a lot more confidence/investors to the stock which will cause a run.
This sell off today is instilling fear just like last week.
Completely agree!
Just normal profit taking before the weekend, in addition to big gains over the past few days. I think there will be some consolidation in the .10 and .11's before the next leg up. We should see .14+ hopefully by late next week. There is too much anticipation over when the announcement of the NP-1 shipment is coming. It should be coming any week now (I suspect they want to ship it before the holiday season...meaning before Black Friday). In addition there are many other catalysts coming up in the short term including Q3 results, more PR announcements, etc. I think once they do announce the shipment of the NP-1s then we should get a REAL run with less selloffs in between. I would try to flip but I think one of these "mini" runs will turn into a huge run and I don't want to be sitting on the sidelines. Just too much excitement in the very short term. IMO.
There hasn't been any fresh news in a long time. I don't know why people keep bringing up the same stuff
The official announcement of the shipment of the NP-1s could cause another parabolic run to .4-.5
With the close right at .12 I think we climb higher tomorrow.
I see the pps at least at .25, if not way higher by Thanksgiving. By then I firmly believe they will have announced the shipping of the NP-1 which could cause a parabolic run.
I think it will stick around the 1.50 for the foreseeable future. Although, I could definitely see a major sell off after all these green days and no news that triggered it.
Obama speech was the last head fake. No surge in pps was warranted. It should settle in around the 1.50 for quite a while now.
Big head fake today!!!
I think the key with NTEK is that they are jumping on 4k technology early and the fact their box can stream 4k content. They will provide with 4k content with remastering old movies into 4k in addition to providing various channels like MMA and the app channel. I believe they will stream Hannover house library as well. I believe somebody mentioned that Netflix plans to eventually start streaming certain content in 4k as well. It's just like when TIVO came out and introduced being able to record tv shows on a hard drive. I'm sure other companies like Sony, Apple, etc could have came out with the same technology at that time, but they have other products to focus on. Huge NASDAQ companies like Apple and Sony offer so many different other products that they make money on and that they have to worry about, that they won't bother worrying about or coming out with 4k technology until it becomes more prevalent. By that time, NTEK should already have good brand recognition.
Also, look at how Vizio made a name for itself by starting out by selling TVs at Walmart. They are now widely known and considered right up there with Samsung, Sony, and LG in TVs.
If this stock jumped from less than a penny to .14 within a month, imagine what another parabolic run could do to the pps. When it jumped to .14, it didn't have half the partnership deals announced. Just within the last week or so, they announced 4K studio which will generate huge revenues within months, and now the Cialo deal! They are not rushing anything. They are building the proper 4k infrastructure which will pay off immensely in the end!
Most pink sheet stocks are flippers/pump and dumps whatever you want to call it. This is a long term hold. I see this being .50 - $1 by first quarter next year.
Agreed. This is definitely not your typical pink sheet stock. Why would they dump millions when the best is about to come with Q3 and Q4 earnings, in addition, the official announcement of the NP-1s shipping.
Will do boss. I mean don't get me wrong it's a great swing trade and I missed out on multiple opportunities bc I just held but it's capped until more news comes out. Politics/news moves this stock long term .
It's all the same. They move side by side.
Fnma...I held it for a while after the last run. It's fluctuated anywhere from 1 - 1.90 range but it seemed to sit in the 1.50 area the longest. This is simply a self correction and I don't see it going much higher from here until news comes out. I would be VERY surprised if this run continued to the 1.75 range.
I don't see this going up much more from here. It just seems like more of a correction again. FNMA has sat around the $1.50 mark for most of the time after the last run. Nothing has changed with no news out. I can't see how this could possibly run much more.
Will there be some more ask slapping tomorrow?! If this ever gets above $2 again, watch out!
Think of the possibilities folks. Besides penny stock traders and a few other investors this is relatively undiscovered yet. Wait until their brand name actually gets out to the mass media and general public more. There is some huge potential in the next couple of years of a pps range anywhere from a $1 - $5 IMO.