There are several of these devices out there.
Most companies have several competitors, regardless of market.
I think Platinum themselves believe they will be in the $20-$25 range in due time. The $40, $400, etc., are technically accurate if you divide, multiply, and pretend like the price pre-split(s) is still relevant. It's just not. Without huge changes and advancements, this thing tops out below $10.
Whenever ECTE goes up significant amounts, some actual news comes out within a few days. Same for when it starts dropping though. What a fun stock!
Yeah, you're just filling the board with more garbage. Click the spam post, report abuse, and all his posts should disappear and report at the same time.
I think most here have hung around a message board a little too long, maybe posted a few too many times. Poon_tang has taken it to a whole other level. His predictions are constant, bold, and consistently wrong. I know he's gotten the attention of those that run UBNT. He's a clown, but that's okay. People just need to learn that he's a clown, read his posts for entertainment, and nothing more. Anyone taking actual advice from him should just put their money in an EFT or something.
I did jump from .50 cents a share to over $2 a share because everyone knew once Platinum took over that we would be where we are now. The release only confirmed what was obvious.
Now they have to take it to the next level and make progress to show it is worth $5, where it was last year. Then move up from there.
Soon enough. Oh man, soon enough. I'm glad I didn't sell this thing last year. I had about $40k in losses on ECTE and about $35k in losses on another turd. I sold the other turd and it's still going down. ECTE seems like it will be just fine. Or at least fine enough to get back to even........................
Oh we all wish we could have timed this or that to work out perfectly. I would have probably made an extra $100-$125k last year in the market if I wouldn't have been so complacent and allowed some holdings to go up and down. I could have also sold this thing to break even when it was at $5 and bought back at .50 cents a few months later. Woulda coulda shoulda.
Congrats on your profit with ECTE. There are only a handful of people that have ever made anything of this company... Hopefully we all will soon enough.
Meh, taking a profit can't be considered screwing yourself. And given the history of this particular stock, it isn't unreasonable to suspect it might go down again in the short term.
Congrats. I'm getting closer as well, but still about $1.75 away. Good to pass the 50% mark though. I'm confident we'll be in the $5 range before the end of the year.
All the conspiracy theories don't seem to be holding up at this point. I hope they keep going. Six months from now this might be a stable company.