july 10th, Once again with no news to report, the stock 'nstk' was up over 5% yesterday. chronically touted by jim cramer, speculation advisory services tout it and people with intelligence buy it because of the potential possible fda approval it may receive in 2009 if all is perfect.
If you discount the companies past 24 years of existence,
throw out all fundamentals, profit margin, debt, a minus sales earnings, a minus bank account, & -1300%growth rate along with a -46% return on equity, what do you really have? A POTENTIAL OF FINANCIAL PENDING DISASTER!
Simply put would you pay $12 dollars for a quart of milk?
If not the people who tout this stock, but maybe their friends, traders & shorts are about the only ones making money on this stock. The stock price has been about the same for 5 long years already. The company has a perfect record in disappointing stockholders to date!
'YOU GET WHAT YOU PAY FOR'.
SOMEONE SHOULD INVESTIGATE THE ETHICS OF A SELECT FEW FOR THEIR MOTIVES!
They could be buying a short position. As the price FALLS you MAKE money. In a long position, what most people know as a stock trader, one would buy a position and wait or go long, for it to increase or appreciate in value.
Jermaine Spence
Licensed Financial Advisor
Toll-free 1.877.369.1889
www.FreedomTreeFinancial.com