NTI 1.45% 7.0¢ neurotech international limited

All this nonsense about charts is meaningless. That line pf...

  1. 23 Posts.
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    All this nonsense about charts is meaningless. That line pf analysis would only apply to a company with an established business turnover, revenue and profit expectations. This is a start up which has failed all of its performance predictions, has an overweight running cost component, has either run out of cash or is close to it and apparently there has been vendor stock leaking out which is as bad a sign as one could get.. Once the sniff of failure gets out unfortunately there is always a stampede for the gate and it becomes a self fulfilling exercise. There are no credible text book graph indicators for this company and others like it. Its just pure speculation between realists and the absolute believers and frankly either side could be right, without the use of any economic science. At this point the company is on a knife edge and could go either way.
    Personal perception is negative. Management needs to pull a bunny out of their hat very soon or there'll be no hat left.
    Grivas
 
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