NWT 0.00% 11.5¢ newsat limited

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  1. 34,916 Posts.
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    saylor,

    dont be silly, very few have doubled their money. Most have lost substantial money (and I feel for those people being screwed by a shonky businessman). If you want to see a rally look at that other stock I mentioned when both NWT and it were .6c. One rose 20% today on a dow down 200 day, and is up 566% in that 3 months, the other hasn't moved, is still .6c. Let's face it saylor, you picked the wrong stock in this case. You picked the dog run by AB that has racked up $100mill in losses over 10 years. AB was gonna be going, oh no now he's not. And still they haven't learnt. Outlandish promises, glossy reports, punped up news articles with NWT ad NBNs names splashed all over them, they all amount to nothing. As Rob says, actions speaks louder than words. What investors want is action. Jabiru, which I predict will never get off the ground, is 3 years away. What does that leave you with? Satellite services. They should concentrate on this and build up their client base and forget about these other pie-in-the-sky gimmicks. It will take time, they already have a high marketcap, and they have 7bill shares to divide revenue by. Three things need to happen:

    * AB has to go
    * Share consolidation needs to happen
    * Focus on their core business of satellite services business-to-business. Forget about the low-revenue home consumer based rubbish.

    Then you might get some half take NWT seriously. At the moment very few do.

    PS Last time you replied, I was going on ignore. Can't resist a little huh?

 
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