NanoTech Entertainment Inc (NTEK)

[Skitradr]

Funny way too funny.....

It's started guys
The buyback will continue for a while,I am guessing about 100 million reduction and obviously everyone concerned will want to buy back as low as possible.
An incredible once in a lifetime c

Typical stinky pinky hype......

Following is a quote from a well known professional trader...Jesse C. Stein...

Stock buybacks. Amateur investors always get excited about corporate buybacks. Unfortunately, buybacks are rarely indicative of future outperformance. In fact, buybacks can signal precisely the opposite. The period of greatest corporate buyback activity in history took place during 2007 when it seemed like every single S&P 500 company announced a huge buyback. These buybacks coincided with a surge in private equity purchases of public companies. A year or so later, many of these stocks were down 80% or more. There must be a reason for it, but companies virtually never buy their stock at the bottom. Likewise, merger activity never happens at the bottom. Merger activity almost always happens at a major cycle top. Buybacks are not a reason to buy a stock.

Now there are some true FACTS.....


NTEK.......nothing but DREAMS