Yesterday was a (spike) reversal day. The higher
(actually the new high) was made, but failed
through and the prices dropped below
its previous high.
This signals a reverse of
trend. NTOP dropped from
above 92 to below 81. The
attempted rally could only
push the stock price back to
85 and then the prices
dropped again. That's a
From now on, the ordering structure will
longer the same for NTOP. Instead of buying
a few ticks below the market value,
there will be a lot
of stop-loss orders. One
stop-loss order can initiate
another, causing a flurry
Let us hope tomorrow's data will be
good. But, if good
data can not help NTOP, the
downtrend will be further
Let me give you some advice. You are obviously
new to this. There are some people who have made a
lot of money on this stock. They have sold. There are
some people who will make a lot of money on this
stock. Right now, they are short. You have no business
in this stock right now. I am telling you this for
your own good. You are going to get taken to the
cleaners on this one. You can fight it, but in a week you
will be sorry. Go buy Intel, Warner Lambert, or
Applied Matierials. You can be 99.99% sure your money
will be much higher in 2 years.
In 2 years, NTOP
may be gone as AT&T has unleashed Bell Labs
technology on the IP telephony world. NTOP may be forced to
go to 1-2 cents a minute to survice. They will not
prosper in that enviroment. Good luck to you!
I was only long and stubborn years ago. I didn't
what I saw and I used to hope.
But if you believe
"the trend is your friend", then you have
both sides. NTOP may be worth $200 ultimately,
who cares? Its short-term trend is down. When I see
confirmed uptrend again, I'll be a buyer again.
reversal takes time. When a stock reaches its top in
price, because there is still enough speculative
interest, supplies coming into the market are well absorbed
and prices won't go down sharply initially. But, many
tend to misunderstand this phenomenon and
think the price
I hope you are right, I hope I'm right here,
Let's keep our fingers crossed, the clarity isn't all
that great yet, this may be a ten bagger, let's hope
this madness continues into next week. (Free long
distance) Hell, I don't know where he got that
He summed up all the investing skills of the longs
in NTOP! This is classic!!!!
This one is going to $150 tomorrow, $200 next
week, blah, blah, blah. They are all pawns in the game
and they don't even realize it!
Can anyone tell
me why it is going to $150??? Of course not, just
cheerleading...cause it aint gonna happen. Allow me to supply some
facts for everyone's benefit.
1) Revenues are
projected at slightly over $50 million next year. Let's see
4 billion/50 million = Price to sales ratio
(forward looking) of 80! Amazon price to sales = 18
(trailing 12), Microsoft P/S = 26 (ttm). Hmm...something
doesn't seem right.
2) The stock looked absolutely
terrible today. MM's were suckering people all day long.
Fools would buy into every little rally just to get
dumped on 10 minutes later. No one was comming in to
pick up the stock (the reason for the low volume)
becuase it's still way overpriced. Shorts aren't in a
hurry to cover becuase they have nothing to worry
about. I could see the stock drifty slowly into the
$40's becuase no one is going to get back in to support
it. You longs will be left holding the bag!
Why would I want NTOP long distance that sounds like
I'm talking under water? I can get the same price
with Sprint and MCI. AT&T has a nice offer two. Maybe
you longs can no longer afford to pay an extra 2
cents per minute. However, us shorts can afford the
luxury of being understood on a call.
know that AT&T is already in public trials with it's
own IP telephone service? Boy do you think a company
with the vast resources of AT&T can field a better IP
telephony product that NTOP? Duh gee Tenessee, I don't know
thats a tough one.
NOW SOMEONE REFUTE THESE
FACTS (this should be fun!)
You are absolutely right.
founder of IBD, William O'Neil said "All
bad, unless they go up in price". Sounds simple,
means a lot to me.
Another well known stock
You do not need to have a love-affair
with your stock just
because you bought it. Love is
sometimes fickle, you know.
I'm not here to scare u into selling. But I've
been in the market a few years and I've seen something
like this time and time again. I'm up 600% for the
year. I was up 1000% but interest rate hikes have
killed me the last two months.
I fell in love
with stocks and was stubborn to sell and ended up in
the red instead of in the green. One of my rules now
are not to get emotional with a stock or company.
My humble advice....take your profits and run. Greed