Netcents Technology Inc NTTCF

Terrible action..

[AuntiePenny2]

Credential is buying it up under 1.50. I hope they know what they're doing.

It's only 13 cents above where it started - 1.30 but NC has acted like this before on upmoves so there's still hope.

[Arbutus22]

Same action a month ago when sp popped 30% from 90s to 1.30, then dropped to just over a buck before settling between 1.17-1.30 for weeks. Imo, pullback from yesterday was expected. My crystal ball: next few days will establish a new floor between 1.30-1.50. But NC is definitely early innings and a long term play on the crypto theme. I'm not a trader; holding out for many more good days to

[AuntiePenny2]

I am an active trader (1000+ trades/year) and I find this one especially hard to trade. I was up a couple of $k on NC until yesterday but have given most of it back now. Very unpredictable. It breaks the TA rules as often as it follows them. Opening at 1.52 today after closing powerfully on the high at 1.75 on a big gap-up day is unusual. If you look at the 2-yr chart you'll find multiple

[AuntiePenny2]

Don't know how sensitive NC is to BTC price but at 07:00 BTC is down $4000 - testing support. 

[Arbutus22]

NC business model rests on merchant/consumer usage of all digital currencies. So Bitcoin's volatility does not affect its fundamentals. Retracing back to 1.30, quite the two day ride. I'm watching to see how low this goes before buying more. Completely emotional sell off today.

[vicioustrader69]

This is a wicked stock but I'm back in. Way to undervalued in the $1.20s back up to $1.50s tomorrow 

[Arbutus22]

Completely agree. Buying in the mid 1.20s, anticipating sp snapback once Bitcoin nonsense calms.