$NTEK UP 10% last week: Technically coming off the LOWEST VOLUME EVER (since emerging from R&D on Jan 2013) the previous week. The stock has been as high as $0.18 & retraced on HUGE PROFIT-TAKING (from its low of $0.0005 to $0.175 & later $0.18) down to ~$0.04...
In addition to the lowest EVER weekly-volume for this period, the chart shows a head & shoulders bottoming pattern. Meanwhile, from a fundamental pov, the stock has SIGNIFICANT UPSIDE VALUE as NTEK prepares to launch a min of 6 new breakout products this Holiday Season.
In essence, the stocks fundies have caught-up with previous speculation regarding its POTENTIAL while the pps has retraced & OVER-CORRECTED (imv)....I am expecting the company to announce many positive developments & partnerships as telegraphed in a recent shareholder letter by COO Alan Stone (formerly CEO, President & Co-Founder of Nintendo America & Sega Games).
Most should find a 20% gain easy. Others may wish to stay along for MUCH HIGHER gains imho. This stock has done it before & the DD shows they are MUCH FURTHER along than they were when the price was ~300% HIGHER than this bottom: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105749154
Thanks and to you also. There is a chance that things will pick up here now that Summer is over. Lets hope so as overall it has been a tough 4-5 months investing in penny stocks for many people.