Guys, I was looking at NTN and see positive developments in many areas so this question popped up in my mind. Would it be practical for NTN to look into going international? Yes they are already in Canada but is the nature of their game play such that they would be unprotected from being run over by others should they attempt entry into countries like Asia and such?
Look at NTN's financial statements. The income statements show losses every year. The stockholders equity section of the most recent balance sheet shows a retained earnings deficit of $111,000,000. This miserable outfit has never made any money and never will. What possible "positive development" could you possibly see here?
Yes, I have read all that and have visited the same situations more than once in my life and each one is different. I have to forget the past because it is ugly and view the company as it stands now and I see the possibility of actually making a few pennies in the not too distant future. If this was a $2.00 stock I would laugh it off but it is a 42 cent stock and I believe it can see a buck next year. Though I am a risk taker I measure my risk reward carefully and I like it at 42 cents. I don't like it over a buck but I will be long gone by then.