The numbers are so bad they have to be legit-ha-seriously-The frauds were the one's where the numbers we way too good to be true. Plus, they are partnered with blue chip companies and ownership stakes. However, it doesn't explain why management is hiding. My view ZHU is hiding because the lower the price goes then eventually he can come in and take it private on the cheap or NCTY CEO proposed to take NCTY private at 50% premium from todays close or 2.10$-something like that. We'll see because nobody knows ZHU intention.
with the Chinese talk is cheap
thanks for the update- as I've said I would wait to see if ZHU buys any more shares -Zhu hiding
1, The ceo announced 18 months ago he would buy 5mill in stock- since then he bought by my count 200k shares at around 2.55$? If he's not buying at this level he doesn't seem to confident?
2, The company has announced buybacks and have already bought back more shares in value than NCTY market cap because of price so high- They last announced buyback was 10million- The could buyback 1/2 the float or almost 25% of the shares at 2$ average cost-This is when you get aggressive mainly because of the price. How about sell their real estate which might worth their market cap
The stock shows ZERO confidence mainly because ZHU is a crybaby. Wait too see his moves. I would think it bottoms completely at around 1$ -hopefully not but that's life.
pray! ha- I'm hoping the market has significantly discounted ncty stock because ZHU is a clown. I'm hoping ZHU takes it private next year or Firefall China is above average game. Funbox is small JV that I don't see anything for years if ever.
New all time low almost every day. Not good but that's life. looking too see if ZHU buys any more shares. If he is as bullish as Northern then he will be looking to AVERAGE DOWN on shares because its the cheapest stock has ever been. Everything else is just excuses.
Um I don't know if you no date but the second half just ended! Will sleazy ZHU actually even have press release again? They couldn't even update investors on year cash balance(easy to do), Firefall China release, Funbox data, Ect. Your the fool backing ZHU-a guy who doesn't have a press release or update shareholders.
Northern - your pumping the biggest loser stock in the world ha . Everyone of your predictions have been dead wrong that's why we are all time low with biggest bull market in history . I'm a big boy and these boards are useless but have some accountability instead acting like pumper . In addition , stop using crazy claims like ncry could be a 10 bagger ? Your last statement you said it was better than best selling game on China is pure hype and delusion ! The market and Chinese investors are not that dumb and ncty stock price reflects the game will not be blockbuster and nobody but you thinks that . I'm hoping the game is a marginally success that keeps ncty alive for the next 2-3 years .
Ha- nothing like complete denial Northern as you have been pumping this pig for 1 year straight and basicly every prediction been dead wrong so keep patting yourself on the back you fool
1, planetside is doing great because bidu search has 50% growth search - no clue
2, fun box will contribute dramatic revenue to ncty - no clue
3, fun box iptv is blockbuster and growing 100% - massive user base - no clue
4, firefall in the usa is a top seller - no clue
You have no clue so go hide under a rock ha
hope your right- the last 7-8 news announcements I get from my stock screen is simply "new 52 week low" like today.
Yea=that's why expect significant jump in MYSTORE users next year-I think 5 million is doable.
I think next 6 months we will get a better trajectory or view of MYStore mainly because lot of this is on trial basis with small percentage of store;s where you should see full rollout hopefully next year-that's how I get my number. I think that moves the number to 400-600k new users a month. we'll see-got my fingers crossed.