NanoTech Entertainment Inc (NTEK)

[Bodach]

The key, besides the business plan following through (of which I have no doubt after seeing their operations blow away their forecasts for a while now), is outstanding share reduction.

It needs to continue in order to not over extend the market cap. People don't ever talk about the market cap on ihub. I see people saying companies with outstanding shares way over the billion mark claiming it's on the way to a 10,000% gain when it's market cap is already $50 million and it's only increased it's revenue a couple hundred percent. There is no resistance harsher than market cap resistance. You can chart all day... not going to break the market cap resistance and hold.

Sure, stocks with overextended caps can pop into craziness. But it doesn't hold, and then the buzz is gone; thus a huge sell off. NTEK is a long term hold. So far, they've realized what needed to be done in order to reach escape velocity from a simple spike upwards. The reason we didn't go back to .01s and .02s is quite simply the outstanding share reductions. Without those, NTEK would have been shorted to death back to that area -- like every other pinky. The MMs here are a tough crowd to beat. NTEK is doing it.

They just need to keep furthering the share reductions in proportion to revenue. I believe that is their plan. That is they way to uplisting, then uplisting again.

David Foley has surrounded himself with literal geniuses in every facet to NTEK's company and PPS growth. I'd be gone already if I hadn't seen his moves up to this point. Not because of the company, but because of the market. It's extremely rare to find a long term hold in pinky land.

If you haven't seen it yet, I implore you to watch the shareholder's meeting that took place a couple months ago:

Anyway, I'm rambling.

GLTA, GO NTEK!