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Thursday, May 29, 2014 12:42:35 AM
Double bottom is in....now it needs to hold. .05 is key.....that's obvious.
See the words that say, "now it needs to hold", ".05 is key"?
That means if it doesn't (hold) the PPS goes lower. It's just better, a more positive manner of speaking, to say it the way I usually do.
I said the same thing at .10 and "it didn't hold". Look back, you'll see it somewhere. Probably said something like, "if it drops below, or closes below, .10 or .09 or whatever, it'll go lower..... and it did.
With this, and the timing of what's imminent, I believe the probability of going down further is much lower than starting to make it's way back up. Quiet period is basically over.
Also, why do you (anyone) think NTEK dropped the A/S to 700 mil and not ALL the way to the O/S? Here's a thought.....TO USE IT TO BENEFIT/IMPROVE/GROW the company. I expect they will use more....only until massive cash flow is steady.
GREAT Job NTEK!!
Hmmmmm.....wonder if NTEK's made any mistakes. Or any of the individuals employed there. Certainly hope so or we'd be invested in sea weed. As long as they learn from others big mistakes and keep the small ones minimal.
GN & GL
E
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