Originally posted by rappper
Active selling and passive buying. The sp should have ended the day at 68c. That last order at 71 was to manipulate the price to look better.
Some big sell orders went thru. More big holders getting out or broker sell recommendations being sent out. Looks like more selling to come.
I don’t think it was wise for Ken to say there mightbe a dividend in three years. I don’t want to wait three years. No decent profits until then!!! Wrong thing to say and does not inspire confidence.
Dear Rapper, don’t think the selling today is due to the video interview as the article was out on 22nd. Dividend is not the end game.
This type of selling is there for people like you and me to sell cheap. I don’t need to cash my NTC investment urgently, so I guess I can hold on. Hope you can hold on too. I will buy more tomorrow if It gets to 65c.
Also, It’s interesting that no one sold at 68c at the close when most of the days these manipulators will do that. I guess there is a balance needs to be maintained. These guys who are selling still hold large holdings, so it’s detrimental for them to bring the price down too low. As long as directors aren’t selling, it’s good outlook.
I watched another video interview from 19th Sep, really great listening to Ken aspiring to have 10 tier 1 customers in next three years.