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.
the lesson in ACFN is based on alternative energy bubble pricing and management and boards belief it was skill instead of luck and cash management. ACFN hype was based on its leaders hype of telling you he sold Comverge and Coalogix at huge value's. He is right but he forgets 2 main points. 1, he sold them at bubble prices which in my view was more luck than skill and he didn't recognize it. For instances- Comverge had a huge ipo and it went to 15-30$ range for awhile and acgn sold shares -great. the reality is when the bubble popped Comverge was bought out around 3$ and almost went bankrupt. Coalogix was the next exit strategy but again the premium they paid for it was huge or "bubble pricing" so this lead ACFN leader to belief capital markets would keep that pricing just like the internet bubble ect. Also, Acfn never brings up its massive failures that completely blew up like coreworx only mentioning it exits. Acfn management actually believed this because you saw a ton of insiders buying as high as 10$. Finally, the cash management has been completely awful. Including paying a dividend if you can believe. I'm sure they would like that money back. Acfn lesson