Nexoptic Technology Corp V.NXO

share price increase / opinions wanted

[Damn1212]

Curious to get other shareholders' opinions. 

How can NXO stock price rise in these conditions when we know there are 17 million shares left to be dumped on the market ? 

I think it just can't . Hate to sound negative but I think its just simple supply and demand. 

Nobody will bid up the price when they know millions of shares will be available and dumped on the market constantly in the coming days / weeks. 

We have been slaughtered 85% down with 20 million shares and there are 17 million shares left to dump. 

Even with good news im wondering how we can go up from here ? Nobody will touch this stock knowing 3bd are selling 17 million more shares ( or 9 million if NXO purchases the reserved shares.)

Pretty dim outlook , any opinions ?

[WED1955]

I hear ya think some news about revenue, real revenue and contracts would help  wouldn't have to worry about too many shares - one thing would look after another Of course "revenue" is the kicker and what we've  been  All been waiting interminabley long for was that a glacier that just went by? anyway hopefully not a matter of if but when Right now NXO is

[mississauga1]

@wed  I agree with you and Damn , its been wayyy too long !  The other thing which isnt helping is the fanatical Facebook crew who worship NXO no matter what ...  They act as if NXO is the best company that ever existed when in fact they havnt achieved anything except burn investor money. 

[Thx4allthefish]

Just one opinion. Stop spreading missinformation and clogging the board. Go crawl back in your hole. Everyone knows that 8 mill of those shares are untouchable so throwing the 17 mill number out as 'shares to be dumped' is a flat out lie. And with the right string of news, buying volume can easily absorb the remaining 9 mill with little no effort. Try harder, or better yet, sit down shut