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Let this be a wake up call........this is not going to run without some kind of major news and HUGE volume. Do you realize people what it took to cause that second run and the amount of volume that went in. It was all hype and a feeding frenzy. After people saw how bad this stock took a dive, a lot of people are not willing to jump back in, in addition to the bad news a while back about a President stating he supports winding them down.
Yea it's an error. I figured it was some kind of glitch. We see .09s tomorrow maybe .10s!
And notice that he's strictly observing and not buying.......
How come it shows .3494 Ask on Thinkorswim platform?
I highly doubt it as there is a lot of selling going on. It tried hard yesterday and couldn't therefore I think it stays here.
Well it was a good run while it lasted. I say it consolidates around here for a while. News determines which way this goes from here, not the charts.
Yes.......it's evident of a selloff today and a halt to this so called "run."
That's what I've been yelling from the rooftop. There is NO news moving this stock. It was a correction.
She might have just fizzled out.
Yea every time it broke through the 50 ma today it couldn't hold long. The rest of this week will tell a lot. I personally think it was more of a "correction" and beginning to stall out.
I want to jump back in but what makes me nervous is there is really no news moving this. I think it's more of a "correction" than anything and is starting to fizzle out. The stock was getting so cheap and was due for a small correction around the $1.50 mark since this stock had been sitting at the $1.50 mark for so long. I'm not saying it will go back down but it's not going to shoot up and cause a 3rd run like many people think. I'm still not seeing that huge volume spike like it did during the 2nd run. Like I have stated before, I think that was the perfect storm and I just don't see it running hard without some kind of big news.
There will be no ask slapping tomorrow!
I agree. We haven't experienced a "real" run yet in a while. This jumped like 14x in a month and a half.
I question the credibility of his statements, sometimes. He always claims to purchase his stock at just-the-right time (or almost).
If this closes green on Monday, above a $1.37, I'm back in!
I'm sorry that was the perfect storm during the second run with incredible earnings (that was unexpected), the Nadar letter, and the hype that was built up over the holiday that caused an absolute feeding frenzy. I just don't see that happening anytime soon without any major news out of Washington. At least it's working its way back up a little. I don't see it going a whole lot higher though.
It has returned but still no where near the level it had during the 2nd run. The incredible thing about about the 2nd run was the amount of days it held such a high level of volume.
Tomorrow should tell it all........perhaps finally the start of the 3rd run that people have been waiting for ever since it took one of the biggest dives in a single day with great anticipation OR is it another head fake!
That's exactly what I do with TD just to make sure my order gets filled that way I don't get left in the dust so to speak.
Goodnight everyone! Tomorrow we should get a good idea if the run has officially started again!
I agree, nice response!
I would say with bills actually being introduced wanted to wind them down and the President coming out with a speech supporting them....that it has changed. I'm not saying the tides won't turn eventually, i'm just saying currently.
I'm sorry but I just can't see it reaching the amount of volume it did back during the 2nd run. The volume was just incredible, hence the huge run within a short period! As much as I would love to see that again, I just don't see it happening. There is still too much uncertainty and negative press compared to when that happened. A lot of people are still scared after Obama's speech. Time will tell I guess.
We still haven't experienced a "hard" run yet. I do think this a healthier run though with more gradual increases in price compared to the 30% - 40% days. It's only a matter of time before that kind of run happens again though IMO. I believe this hits .50 shortly in the new year.
I believe they do have the technology to go back and enhance older movies and turn them into 4k quality. You can then stream those to your NP-1 player.
The last run was due to the perfect storm of very impressive, not expected, earnings and the Nadar letter being released. There was really no negative press that time. There was very little talk of trying to dissolve FNMA/FMCC. IF a run does occur, I can only see it going to a $1.50 - $.175 range with all the uncertainty still.
I'm not sure what spurred the jump in pps at the end of the day. I personally think it is short lived. I think the jump tomorrow will have to be bigger than the jump today and a larger volume spike in order for any run to happen. Nonetheless I was wrong and didn't think the pps would get past $1.20 by the end of the week. Tomorrow will be very interesting....
Wow, I admit I was wrong! Very surprised on how it finished today. A lot of people will be watching this stock tomorrow to see if another run is about to begin.
Now you're just being smart. The fact is the price is what the price is for a reason. In recent weeks/months it's been going down for a reason :)
Sorry to be rude, but i'm not a pumper or basher. I'm just stating my honest opinion. This stock is not going anywhere anytime soon. These little articles that get released stating their opinion on the GSE's have absolutely NO effect on the share price. Washington determines the price and I don't see any decisions being made anytime soon.
Ok, so there is no decision in the near term. Essentially the stock is worth nothing considering the government is taking all the profits in. I will buy double the shares of what you guys are holding, just sitting here not making any interest on your capital.
All it takes is looking at the chart. It's downtrending for a reason........... There is absolutely no buying pressure at a 1.20 or above!!!
I have heard from others on this board that know people that work for FNMA/FMCC that say they wouldn't touch this stock right now.
I was playing around with some calculations. According to my calculations, considering Netflix has a market cap of 18 billion right now, if NTEK can become 1/8 that size eventually (2.25 billion) the pps would be at $2.75 considering no buy back of shares. Now obviously I think NTEK's management wants to keep buying back more shares so it shouldn't even be valued at that high of a market cap if that's the case.
I personally feel like the announcement of the NP-1 being shipped will shoot the pps up to around .25 easily before consolidation and maybe a little bit of a selloff. I think then towards the end of the year, beginning of next year this will reach .50. I still feel like this time next year we will be in dollar land. When I see Netflix valued at 18 billion and the potential of this company, it's just so hard not to like this company. IMO
I personally don't think we will the way we closed today with the strong volume. I think the excitement is starting to build with the announcement of a new facility and getting close to the launch of the NP-1. I think more and more people are starting to catch on this hidden gem. The question now is whether it consolidates in the 9s or goes screaming through .10 tomorrow.
Exactly. $.10 might be the magical number we have to get across before this really starts to run. This gradual increase is a lot healthier though.
Not happening. Too much downward pressure and no upward pressure. Still downtrending.
Wow, that is interesting. I just called them and they said I had to wait and the funds would be available tomorrow (I transferred the money on Sunday). I really want to stay with them since I have been with them so long and I like the thinkorswim platform but it's just frustrating I have to wait so long.
I want to add more to my position but I hate how TD makes you wait 5 business days for your deposited funds to settle before purchasing pink sheet stocks. Any recommendations of a different broker to use??