RE:RE:RE:RE:Can anyone comment?Anyone notice the L2’s? Keep an eye tomorrow. Saw the same activity back in the fall as our price was dropping. This is being done purposely..to drop the price. Ask WHY?
Asks are being stacked putting downward pressure on the price. Sellers in definite control and taking advantage of the LACK of buyers. This could fall a few more cents tomorrow. I can’t imagine someone creating the downward pressure just to get OUT entirely. I believe it’s to get in cheaper, which means there should be a reversal in trend this week and buying pressure..any thoughts?
Dangerous to be a seller now, if your strategy is get out and buy back in cheaper - could backfire!
I’ve seen this a time or two.
Use this dip (yes dip) as a buying opp, if you believe in NBM’s future.
Price is now trading at or below a year ago, before they were called NBM.
Spencer’s comments from webcast. We should valued at $1.50-2.00. Yes he said that. Many catalysts on the way. What we need most is new buyers - we are too small and unknown, but not to the 22 NDA’s.
1)Trade show in Korea starts Thurs for 3 days. Lots of connections to be made..ie get the word out
2) R&D centre to be operational by month end at Yonsei university
3) strategic investor announcement to finance construction pending
4) 3rd party prototype results pending - could land with deal as per Spencer.
5) new NDA’s on the forefront- R&D centre will be able to speed up new requests from new parties.
Between now and June this will be much clearer, and we will see the buyers in contro imo.
Nasdaq listing does not happen at these prices... please give that some thought b4 selling.
These are just my thoughts. I find Spencer to be very forward looking and he drops a lot in his news releases. Pay attention to what he says..webcast was really good.
I welcome your feedback..and opinions.