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Share structure authorized vs outstanding vs float(the one that matters here)
Maybe by end of year, but I would be hard pressed to believe that. 50-60 cents is what I think it will stabilize at long term with out some major catalyst to push it higher. If you look at stocks trading in the 40-60 cent range, then you will find countless stocks with assets and structure like this one. I get that target by comparing one to the other. I don't think it will continue as smoothly as it has been these last two weeks though, it is gonna get choppier as more people come into it and begin to flip it, but market efficiency will prevail as it always does and it will climb steadily over the coming year. If you are concerned about losing, then when you double your dough, sell half your position to get your original investment amount back, then you have pretty much free shares. as fast as this moves, it shouldn't take to long to do that, if you haven't already. Like Gordon Gecko said, 'Bulls make money, Bears make money, but pigs, well, pigs get slaughtered'
as to the folks unsure about the DD, there are two things that I would like t point out. The First is what is called the 'revenue recognition principle'. This basically states that revenue cannot be recorded until an obligation has been satisfied. What that means as it applies to the fins, and them showing no revenue is this. At the moment the reverse merger happened, a brand new company was created. The old company was murdered and thrown into the dustbin. The new company had no revenues at that time, even though the old company did, even though to the layman they seem the same, legally they are entirely separate entities, and so cannot share revenues. Even if they could, they would only get double taxed! The point is, the fins were a snapshot of the company in the moment they were created, and they were created for the purpose of the IPO, and so therefor, no business had taken place yet. It's a picture of a baby coming out of the womb when it hasn't even taken a breath yet, but these folks are standing around wondering why it isn't crying. I say, give it a second, it's just a baby. After the first quarter, we'll see where we stand. If the fins are not on time, or with in 15 days of them being due as the law requires, then we'll also know the truth. In the meantime, this stock is blowing past you, either got on or get out of the way!
Nite is retail, I use td and often see nite execute my orders...I don't think mm's are really on this, it's just flippers in my opinion. Matter of fact, I think this whole thing has been pretty quiet. I practically stumbled on this just trolling random tickers. Either way this is exciting
I see multi penny by eom, and multi dime by eoy, I say this because other companies similar to this one, co's that are legit and have revs typically trade at those levels
give it a quarter and you will see revs then, there were no revs at the moment of the reverse merger. the fins are timed the same. Fins are a snapshot in time, not a flowing thing, so when the merger took place, a new company was created out of the old, so the fins reflect the moment of birth. Give it a quarter and you will then see the kind of fins you are looking for.
Jump onto amazon and buy thier product if you want, look at the reviews while you are there....they are a real company and have been for over a decade
get a us account!
I completely agree
I am totally skipping class right now just to watch this...I think 5's by eod
Long, I'm all in
lets see some ask slappage!!
Because it is a very recent reverse merger. The previous company was a shell, and not really trading. N1 bought the comapany and changed the ticker and name in Feb. Your broker probably hasnt updated yet. I use TD, and they are still calling it by that name and not n1 technologies, yet. It may take a few more days for the system to update, but that's OK, because this is a very real company with history. It was a private llc, but went public very recently through this revers merger, so the price should continue to rise past atleast 7 cents.
Sticky this!
Where is the like button when you need it! Couldn't be truer. Old established company doing a rm...this company is golden
NTCHF expect to break a penny soon! Target of .07 cents!! Huge RM play on a fast rise! Over 8mill in assets, NO DEBT! and a new factory opening in St.Louis!!!
NTCHF expect to break a penny soon! Target of .07 cents!! Huge RM play on a fast rise! Over 8mill in assets, NO DEBT! and a new factory opening in St.Louis!!!
NTCHF Moving up rapidly, expect a penny real soon, with a target of .07 cents!
NTCHF rm play, solid company coming up fast! Major moves here all the way to pennyland. I predict .07 cents here before leveling out.
Hydrophilic technology, were covering this material in my physics class right now. This stuff as tens of thousands of applications. From engines and boats, to replacing Teflon, safety devices, medical devices, electrical components...the list goes on and on
I'd target about .07, where it was before the rm
couple of pennies easy, pretty typical on these kinds of reverse mergers
Wow! Just found this one...It has a price to book ratio of $3.43! Holy cow...I am in like flynn!
anybody understand how the recent fcc ruling will impact this company?
yeah she did. The TA is gagged for a reason folks.
10 mil on 8
I'm out! Flip complete!
only 13mill left at 7, last chance before the ride!!!
it's 29 mil through the 7's, 14,500 was spent getting through the 6's its 20,000 through the 7's. That ain't much...lets do this!
Somebody do something!
I hadn't bother to look for the correlation. Thanks!
Yeah, I doubled my position at 6 first thing. Think we're about to make some good gains here in the next couple of days
Are we about to the bottom of this recent trend? I'm looking for entry here. Is there another board somewhere that people use for this stock?
gonna see 9's today!
Auto correct
Night has a fake wall with the 150k
But if it makes you feel better, I found this stock because my daughter started using it about a month ago and it worked extremely well. Even proactive didn't help her, but this stuff cleared her right up. Amazing product for what it's worth. If anyone wants to help push this up, jump onto Amazon and give this a five star rating, to boost its sales
Never been here to make friends, I'm here to make money. Investing isn't a team sport, it's an individual task
Been doing this a long time, flipping is where the money is at. It's called channel trading, and it is way more consistent sand profitable than holding longs
It hit 5's like I said it would