NanoTech Entertainment, Inc. (OTCMKTS:NTEK) Drops To A 52-Week Low
[[tagnumber 0]][[tagnumber 1]]NanoTech Entertainment, Inc. (OTCMKTS:NTEK) has been having a hard time in the charts for quite a while. The company has been trying to boost investor confidence with regular press releases, but has failed to do so numerous times.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Some even hired paid promoters to tout the ticker, but the results weren’t very satisfying. Despite the rather decent financial results that the company is posting we see that the situation with its stock is getting worse. The latest session left [[tagnumber 6]]NTEK[[tagnumber 7]] 14.10% lower and the ticker reached a 52–week low of $0.0067 after yesterday’s close.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]This is happening despite the regular press releases from the company and the fact that [[tagnumber 6]]NTEK[[tagnumber 7]] was featured in a report made by Trader’s Choice that also touted Pleasant Kids Inc (OTCMKTS:PLKD) and Imageware Systems Inc (OTCMKTS:IWSY) issued earlier this month.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Still, that didn’t seem enough for investors to rush in buying and pushing the stock up the charts. After such a surprising drop we might see [[tagnumber 6]]NTEK[[tagnumber 7]] recover some lost value. We are certainly seeing such signs in today’s trading. The ticker is sitting 7.46% up as of the writing of this article, but might not be able to recover all of yesterday’s lost value.[[tagnumber 2]]