Before I invest a few questions... - what's up with the Hindenburg piece. They are solid so is their piece fake news?
- also, what about the recent Seeking Alpha story NEXCF Continue to Underdeliver ?? posted below
The company’s Q1 2022 revenues slumped by 54.9% year-on-year to $2.7 million, and cash used in operating activities was $4.2 million.
Cash and cash equivalent were $8.2 million at the end of March, and I think it’s likely that more stock dilution is coming before the end of 2022.
However, the market valuation of NexTech has doubled over the past month, and it seems unlikely the reason for this is a short squeeze.
In my view, this could be a good time to open a small short position and the short borrow fee rate is 16.17%.
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- why is CEO dumping shares? He buys one week then next month sells?
- Is this a vacuum company or pet store? C'mon...
- financials show ntar is insolvent TODAY!
- false promises of Nasdaq? Dilution imminent? Downlisted? Was this due to 4 whistlblowers to SEC?
- very sketchy is what they say on Discord
- 100 promo videos a week? Is there time for ceo to go to the washroom?
- This is HUGE: The death blow.... even if 3d is true, ntar holds "zero" IP -- no customer company wants to buy from ntar UNLESS ntar owns its own IP! Simply too risky for a LargeCo customer as it may be asked to remove ntar's 3d app due to infringement or frivolous lawsuit
- trend of horrible financials
- Is Yahoo! BB a boileroom? Is this?
This is a smelly and slimy fish.
Constantine
Please only post facts not opinions or insults. Happy weekend.