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..........NLST......on fire!

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Views: 398
Posts: 10
 
All-Star
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Joined: Dec, 2007
Posts: 10225
Posted: #1

This thing is on fire boys and girls!

 

 

 
Banned
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Joined: Nov, 2009
Posts: 10748
Posted: #2
https://blogs.barrons.com/techtraderdaily/2009/11/20/the-curious-case-of-netlist-inc/

this is what i found out about them that i thought was interesting.  so what are they making?  i think i'm hopping on.
 
Covers Linesmen
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Joined: Feb, 2003
Posts: 58464
Posted: #3
Its a bloated pig at current levels.

It is selling for 8-ish times sales, no profits and 10 times cash.

They might be a China play I guess but based on business matricies they are way overvalued.
 
Veteran
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Joined: Dec, 2006
Posts: 2910
Posted: #4
I figured a pump and dump...
 
Legend
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Joined: Dec, 2001
Posts: 85256
Posted: #5

I figured a pump and dump...

I have to agree with Vermeer. has all the traits of a "P&D". a "killer ap" story, low shares out, all kinds of stock touts jumping it, ect.

this thing is right out of the "roaring 90's" internet days.

 
Legend
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Posted: #6
NENG looks like it might be at the start of a "pump & dump" monday 11-23. will it do a NLST? don't know BUT big jump in volume in a small tech stock with only 42 million shares out and close to a two year high.
 
Covers Linesmen
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Posted: #7
SEED is the P&D today...


 
Legend
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Posted: #8

check the last half hour in NENG.

freeking launch!!!

will see what happens tomarrow

 
Banned
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Joined: Nov, 2009
Posts: 10748
Posted: #9
i hope neng breaks 1.72
 
 
All-Star
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Joined: Dec, 2007
Posts: 10225
Posted: #10

 I bought 10,000 shares today at 1.47 NENG!

Will be fine ...

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