I think so also.
The volume is high and Gross has likely been selling (after all he has/had a lot of shares).
Expect the price to stabilize once he has sold all of his shares.
UNII is an abbreviation for undistributed investment income (you can find it on the PIMCO site or on the Morningstar site.
Local print media appears to be a good investment because that is where people served learn about local businesses and where the bargains are. This business will be around for quite some time because the ad revenue will sustain it. (If I remember correctly, Buffet is investing in local papers)
Sent me an unsolicited check which I received yesterday via FedEx. Their letter said they sent I because when I bought my Fusion Titanium Hybrid last December, the mpg was higher than after they retested the mileage. Great customer relations move!! Ford did the right thing.
Many funds are not cannot buy shares that are under $5 -- that is why I believe the reverse split for NCT is a good thing!
I put him on ignore quite some time ago.
His "opinions" are ridiculous for sure!
Perhaps I was not clear. What I meant is that the reverse split will cause the share price to be well above $5 -- this will permit large buyers (funds) to include NCT in their portfolios.
Secondly, retaining the same number of authorized shares will permit NCT to sell more shares to raise additional money for future investments.
Both of these are positives IMHO.
Effecting the reverse share split, while retaining the same number of authorized shares will make the shares more likely to be purchased by funds and will provide an opportunity to grow substantially by raising more money for their investments. This should cause the share price to increase over time. Great move!