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michael t

05/03/17 10:31 AM

#34747 RE: microcuptraitor #34746

micro re: NXTD

I was out yesterday, so I didn't have a chance to look at this one until this morning, and I agree with your assessment. There are enough red flags to keep me away.

hweb2

05/03/17 10:38 AM

#34749 RE: microcuptraitor #34746

Yeah NXTD management looks kinda sleazy. Didn't like what I saw last nite either. Lots of overpromise & underdeliver in the past. Lots of disgruntled shareholders as the stock has cratered in recent years (they did a reverse split late last year). Maybe they've finally got their act together and time is different? Possible, but rarely the case. I'm guessing Q1 was so strong because of a 1-time order. And the outlook for continued financial improvement later in 2017 will be another empty promise. We'll see.

Wish I would have been around yesterday to take my loss at $1.90+. Now at $1.70. Ugh. Actually put in a few sell orders around $1.90 this morning. And they filled at $1.95! Weird. Wish I could have sold them all. Holding the rest, but not buying more. At least NXTD has a history of some rather violent spikes higher. Think it could see another quick pop to $2+ again on the actual Q1 report later this month.