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Can you share your opinion as to why NGTF is trending down?
With all this so called good news, shouldn't NGTF be trending up instead of down?
NGTF is down again on above average volume.
This is not a good sign going forward.
This board is about NGTF.
All input concerning NGTF is relevant.
Any sales/profits reports from NGTF yet?
Exactly
Management Effectiveness
Return on Assets (ttm) -275.83%
https://finance.yahoo.com/quote/NGTF/key-statistics?p=NGTF
Top Institutional Holders
Holder Shares Date Reported % Out Value
L & S Advisors Inc 11,900 Mar 30, 2019 0.02% 7,735
Only one institutional investor.
What does that tell us about the other institutional investors?
They are not interested. It's a penny stock and they won't touch it.
My DD tells me it's all hype.
NGTF has yet to state profits...I believe profits will be tiny.
NGTF = Bad Investment
Maybe you should stay on topic with NGTF.
I fully believe NGTF will fail..but the owners have, and will, make big money at the expense of investors.
Press releases...not news.
What do you base that on?
You'll notice they are "Fortune 500" companies.
Looks like the NGTF trend is still down.
Did NGTF pay for this marketing like the last one?
How do you know NGTF oversold for no reason.
Someone had a reason for selling...there's always a reason to sell or buy a stock.
I wonder why some don't like me posting here?
Do you really think that my posts does damage on an NGTF stock board?
If you think it does, please explain why.
TIA
It will likely be at .18 again.
I also believe someone is tapping the ask to move the PPS up after it falls.
A while back I saw a tiny number of shares purchased to push the PPS up.
It probably cost them more in trading fees than it did for the small number of shares they bought.
During the PPS decline in late May the volume has gone up significantly.
Volume is import whether a price is going up or down.
NGTF PPS has been declining under significant volume.
Not specifically.
They use an algorithm.
And it looks like they were right.
I use research and experience...and NGTF seemed like a typical penny stock.
Ooops...NGTF bumps .30
Will likely drop below .30 soon.
NGTF at .35 now.
I posted a stock picker the other day...they predicted NGTF will be at .18 in the next year or two...a steady decline.
I bought FLWS at $12.92 and sold at $19.50.
It spiked over $21 the day after I sold...but that's OK, I made approx 50%.
If CLR goes down a little more I will likely buy in again.
I made just under 100% last time around.
CLR has one of the best CEOs I've ever researched.
Adding NGTF right now might be a little crazy.
It probably won't be much longer before NGTF starts adding more shares to authorized share total.
"They say"? Did they file those claims?
If this board is irrelevant to NGTF stock trading why should you be concerned about what I post?
Losing confidence?
Has NGTF offered any numbers on their retail profits?
Who knows.
But NGTF better do something...the PPS is dropping.
If you believe in NGTF why would you be concerned with what I think?
You can say that again...
.39
Or maybe way over priced.
Yes...I have seen other operations and this one didn't look legitimate to me.
Your opinion verses my opinion.
This means nothing!
Because I don't think the profits are there. And profits are where it's at!
I hope NGTF proves me wrong for the sake of inexperienced investors.
But at this time I don't think they will.
Someone is selling fast!
Or way over priced.
If NGTF would post actual profits it might have been even worse.
Never EVER believe it when someone says MM manipulation.
It's the oldest penny stock trick in the book.
To be fair we don't know for sure.
But when it comes to my money...I know for sure...because I've learn to be patient and skeptical.
Sometimes penny stocks rebound...but not usually in most cases.
NGTF hit .37 today and is now at .41 on high volume again...not a good sign.
That must be why people are selling?
That's plenty of time for NGTF to sell more shares.
There are 200,000,000 authorized shares and we all know they have every intention of increasing the outstanding shares significantly between now and then.
The market cap is now 25,968,796.
That shaved about $6,000,000 off the market cap.
You may be right.
My guess is the bid is thin and/or low...and not many want to hit the ask and risk losing money immediately.
Looks like the standard press releases aren't working now...people are likely saying..."Where's the Beef".
When NGTF implies moving to higher markets like the NYSE or NASDAQ it was a typical penny stock red flag for me.
It made plenty of sense...someone was cashing in.
It looks like someone is tapping the ask to prop up the PPS...but the volume doesn't represent strength.
You don't remember correctly.
And the pictures that were posted created even more doubt.
After NGTF put this out I really doubt them now!
"Responding to a question about Nightfood’s financing strategy, Folkson alluded to the possibility of an uplist to a major exchange such as the NASDAQ or the NYSE in conjunction with an equity capital raise."
Coulda, shoulda, woulda.
This is about as useful as a letter of intent. LOI
Never ever trust a LOI from a penny stock company.