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NexTech3D.AI Corp. C.NTAR

Alternate Symbol(s):  NEXCF

NexTech3D.AI Corp. is a diversified augmented reality (AR), artificial intelligence (AI) technology company. The Company leverages AI to create three-dimensional (3D) experiences at scale for e-commerce. The Company's primary focus lies in creating 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Its suite of products includes patented AI-based technology for 3D model creation and 2D to 3D conversion. It also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. The Company provides a broad array of AR solutions. Its AR solutions are able to scale the production of 3D models by using AI algorithms and computer vision technology. Its technology is Web-based, but the Company also offers several AR applications on iOS and Android, including ARitize360, ARitize, and HoloX. These applications enable 3D visualization across all platforms.


CSE:NTAR - Post by User

Bullboard Posts
Post by BarstoolSageon Jul 21, 2020 11:56am
385 Views
Post# 31296489

This was a lesson with high tuition fees for some

This was a lesson with high tuition fees for someAs someone who has been into this since just after the IPO, and who has seen NTAR develop along with a "community" that shared info, I was quite open about taking profits in the $5 range a week or three ago. 

Instead of it resulting in an intelligent discussion, I was dumped on by some....why would I ever sell any amount of this "stellar stock"

I pointed out I still had just over 1/3 of my position, and that it makes eminent sense to lock in profit on the way up, and not to get too greedy. Still folks called me dumb

Now I in no way foresaw this dive, but I have seen stock go up and then down like this...it is more common than not in speculative small caps. 

THE GOOD NEWS IS THIS WILL TURN AROUND AGAIN...but it may take a bit of time before it returns to its highs. 

I say this because many specs go for a run, then dive, then linger there 

The fundamentals of this stock are sound and the seeking alpha hit piece scared a lot of investors seeking to lock in their profit on the way down instead of on the way up. Far easier to sell when it is going up and you "leave some profit for the other guy".

The lesson is to never be afraid to take profits. I said it then and I will repeat it.

This is NOT an "I told you so", rather, a passing on of some market wisdom I have heard and lived through.


Bullboard Posts