NTI 2.99% 6.9¢ neurotech international limited

nti - in preparation of full results release, page-26

  1. 1,528 Posts.
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    It's always funny how just prior to a company rocketing up in share price it will go quiet due to the company doing large amounts of preperation of the big news.

    It is also funny how most people define 'other opportunities' as generally being those companies who have just released news and the company accordingly 'looks promising'. Unfortunately, in the microcap market if you're buying decision is based on what has already been announced to the market then you are already too late and if you enter you will be likely buying at the top and with a lot of potential retrace risk.

    So instead of incorrectly viewing companies that have gone quiet and are sitting on a support line as 'bad opportunities' you should infact see them as great opportunities due to their high upside potential once known impending news is released.

    So although NTI has low interest now that will change sharply when they release news of their; full double blind study result, UK distribution agreement and FDA Submittal as it will garner wide media attention.

    So sit back and chill - because we are sitting on a strong support line and strong upside potential. Remember, when it is announced we will have the only in-home device for the treatment of autism in the world.

    One last thing I suggest - stop being so reactive to positive or negative share price movements - it is a bad rookie mistake. Instead, when trading in a development stage company tie you sell decision making to the obtainment (or lack of) a specific milestone. Tie your initial buy decision to whether a company is sitting on a support line, closeness of milestone and downside risk. It will save you much grief and you wont be selling at the worst time possible (right before major news just because you aren't currently hearing anything).
    Last edited by bruutz82: 25/04/18
 
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