RE:Better volumesUoR: Congratulations on increasing your position @ .58 .. that's an amazing trade.
Even if I would have got in at .58, it would have been a small position, plus I would have been out by now.
The stock is up 20% yesterday, 30% today already. How the heck do you trade this one?
UnderTheRadar wrote: Some good posts on this BB....thanks for everyone's insight.
As mentioned before, proof is in the results: it's still early days so company is not showing
any profit as their operating expenses increase. The earlier government grants initially created
a relative buying frenzy which turned out to be short-lived.
I have noticed that the institutional investors have held steady with over 1.2 million share stake in NEXE.
(not very typical with start-ups to see fund investment before profits are apparent--when it comes to speculative companies that I've owned and traded, you typically see more insider and retail investors involved).
I believe both the product quality and technology are significant: any unique offerings in this very competitive market will attract consumers and we can all name the ubiquitous brands that
lead sales worldwide in either food/beverage market or even apparel
.
Nothing worse than a sh*tty tasting coffee particularly when it comes to these coffee pods.
I turfed my Keurig (repeat machine glitches and bought a Nespresso) yet I haven't even tried the NEXE pods!! Only because I haven't ordered pods online yet.
I'd be interested to know if any other NEXE holders have tried the product and would post their comments: I agree with Silkos re: the tech prospects. There could be some interesting growth ahead and as in most cases, it does take a long time for start-ups to prove themselves.
Share price volatility extremes might make new investors wary of any risk until we can see some firm revenue results.
Growing pains.