Bullboard - Stock Discussion Forum Network Media Group Inc NETWF

Primary Symbol: V.NTE

Network Media Group Inc. is a Canada-based company that develops, produces, and exploits film and television properties in addition to providing production services to third parties. The Company builds its production slate in two primary forms: documentary films and docu-series. The Company, through its subsidiary, Network Entertainment Inc., is a boutique film, television, and digital content... see more

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TSXV:NTE - Post Discussion

Network Media Group Inc > Webcast

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Post by skinner3 on Nov 16, 2021 3:21pm

Webcast

Was it that bad of a webcast

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Comment by Godfather on Nov 16, 2021 3:43pm

It's called profit taking. The stock had a good run, got a bit over-bought, and now is need of some consolidation. The share price is still in an uptrend, and this is normal trading. Nothing goes straight up. This should resume it's uptrend in a few days.

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Comment by skinner3 on Nov 16, 2021 4:04pm

i agree with you 100% it was just surprising to see it fall this much but i would not be surprised to see a dead cat bounce tomorrow

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Comment by Millton on Nov 16, 2021 6:35pm

I agree. Healthy pull back likely followed by some consolidation. Lots of people selling for 20-50% gains because they don't have the foresight to see the next 500%

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