NEXE Innovations Inc NEXNF

If this touches 1.75

[bigbanktheory]

Asta la vista BABY :(

[1965corvette]

So what if it does ?

[bigbanktheory]

$o what, lol. Glta

[1965corvette]

It won't stay down investment banks don't buy 4 million shares to lose money , pretty sure they had a better look at the company than anybody on this board., ya wait it out, ya don't lose to ya pull 

[silkos]

Corvette, there is really no way to know, Investment banks trade too you know ... They can short they can do whatever. To assume that opening a position means holding forever is just wrong. What if the company issues further dilution 6 months down the road? The company has yet to sign a distribution contract, so there is no stream of sustainable revenue. The online shop that's a great

[1965corvette]

Silkos .......I agree one never knows, I am thinking at this point in it, they are not thinking of shorting by any means to early in the game and to see they increased there position to a 30 mil. Purchase only furthers my strength for the company, that gives them some decent capital to work with and I would say pretty decent confidence from there investor.............at least that would be my hope

[GoldenArm]

It's just trading talk (as in watching the candles and Bollinger bands). I'm not even sure what 1.75 has to do with it. I see 1.85 as the test level. If it stay above it then it may go up but the trend is definitely downward. However if the company announces it sold out of product again. This puppy is going to fly.

[silkos]

Correct pointing to 1.85 resistance. If it doesn't hold what's the next resistance point? Well ...it's not quite clear isn't it? With no good news in sight I don't see how this would recover. I want also to point our that offerrings like this take a while to be put together. I suspect talks were initiated when the stock was in the mid 3s and they oferred the shares at a

[GoldenArm]

Yup 1.85 was the resistance point and now its up. The tech is pretty good and the products they are selling is a good idea because it gives them recurring revenue. Obsiously the "Big" news would be if Keurig and Nesexpresso license their technology or try an come up with their own. Right now if they sell out of the product on their website again then the share price will go up.