GREY:NTTCF - Post by User
Post by
Arbutus22on Dec 17, 2020 11:16pm
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Post# 32137672
Fuse Lit
Fuse LitSince September, NC sp has hovered between low 80 cent range about a buck. Today, it took off with massive volume (+4m vs daily average of about 200k). Coincidence that so many shareholders took note of NC today when other crypto related stocks have been running for some time or this the result of a pr campaign? Regardless, my sense was, and is, that NC is way undervalued. The business model facilitates transactions; it's the essential middle man, necessary to the crypto payment system with relatively few competitors. This isn't a flash in the pan; the company is building for long term, when crypto payments will be as common as dollar payments. With only 81m authorized shares, a fair amount held by insiders, talented management, and a market cap (after today's run) of barely 100m, NC has lots of room to run. Holding tight.