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Monday, January 17, 2011 7:12:52 AM
We are beating ourselves up right now with the idea of saying that NWTT will go to .25, .50, .75, $1 or more.
The company themselves said that they are considering adding billions of shares (restricted?) so they can get many more companies. I am neutral on this avenue because my knowledge is limited, but even in NWTT's PR they said that they want to get the share price to around a penny (long term).
Long term = yes (maybe the stock will hit penny land. I know that NWTT has more going for it than a lot of these other companies that flew to penny or multi pennies; but I believe those companies were promoted and pumped and dumped. Otherwise how do you explain the price retraction later on back to the original price.
With this around the clock stuff, we are going to get more attention than any stock (in the history of stocks) and maybe that is all that is needed and maybe I am off here, but if I was a betting man (which I am), I would play the odds.
The odds to me are initialy anywhere between .001 to .005 short term is fair game. I do not think the price will go beyond this boundary as we do not know enough yet. It will skyrocket YES, as we were as low as .0001 (mostly .0002) and anything above .001 is skyrocketing. I believe there will be some price retracting if there is not more news right away to keep the fuel burning.
I am counting on the price going way up (between .001 and .005), where I plan to sell. Wait for it to retract and probably will buy more shares back.
All of this is only my opinion.
There are probably 100's of people out there now that haven't read about the company forecasts and that is good as that puts no boundary around this thing. I hope they (NWTT) finds that large piece of gold 1.4 million ounces but that is like me saying I am going to go metal detecting with my metal detector and am going to find a 1877 indian head or a 1916 D (dime) or a 1955 double die penny. While I have the possibility of finding these coins it is like finding a needle in a haystack and would take a lot of work.
I think what we have here is gold fever and we can't get our mind of of the subject of gold.
One thing is for certain though (and only my opinion) is that we will go up).
for our sake I hope there are thousands of gold fever NWTT wanna be stock holders out there with unrealistic greed that will drive this thing up faster than we understand. GLTA
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