I do like contrarian views guzzman however, some of your points maybe a little off. Firstly, more companies are looking to move to the cloud than are trying to ‘cost cut’ and move away from it. Personally, I don’t know any businesses who have and have moved their data back in-house. A hybrid setup is where I see tge future. 2ndly, Morgan’s have said recently that NXT might double their power bill however they still have a 12 month pt of $14. (downgraded from$15). 3rdly, server supply has been an issue however I don’t see this as a major problem moving forward. NXT also has around 25 to 30 built, uncontracted MWs ready for sale. It’s only a matter of time until this will be taken up. 4thly, we do have a massive amount of capital available to ride any short term financial issue out. Notes issued have been revised favorably to NXT and banks are literally throwing money at them to spend some money. Just my opinions. Happy to be corrrcted if any of my observations are off the mark. Gltah
NXT Price at posting:
$9.77 Sentiment: Buy Disclosure: Held
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