Everything below 0.05 is a steal imo
because when news come out we can end up over 0.1 within hours. There are obviously not a lot of shares available if you check level 2 action. Of course if you bought at 0.05 today and the price would go to 0.035 one day later, your portfolio looks ugly for the moment but such movements will be irrelevant when the company reaches the next stages in its turnaround process.
A demand of over 1 million shares after a PR will move this stock easily and a demand of 1 million shares only requires about 10 to 20 additional private investors with some ordinary belief and possibly some sort of patriotic attitude.
If there are news about the overall financial situation with revenues etc and if it gets clear that the turnaround has indeed become reality, it will bring this stock to a completely different level. Because then, this stock is a very solid investment (customer loyalty should be very high in this business, you don't change suppliers for such critical electronic devices regularly, don't you) and not a gambler's stock any more.
So if you believe NXNO gets the turnaround done, buy this stock now. I don't think MK or TRNP will dump their shares soon they will sell high with a nice profit which is not at the current level.
Of course, there is no real evidence for the turnaround in financial terms yet, that is the reason for the current pps (no recent results or official revenues reported about the overall situation of the company) but there is no dilution noticable from trading daily action. If this stock went to 0.035 next week this would not be caused by dilution imo. My impression at least.
This business is not a pump and dump business with lots of PRs and headlines, this business requires confidentiality and reliability so don't expect big info on a daily basis. This kind of company has an obligation to not appear excessively in public. Basically this business has implications for national security.
Good luck to all who hold this stock too
Cal
AI
