NTIP BULLISH Hold patents until 2020 (acquired in 2016) w/ companies like Microsoft and other big names. This has allowed them to have a large steady income and have cash to fund more patents. This is to explain the company itself is stable and is backed by great management that will not pose risk in any way. Technicals show the creation of price channels that almost correlate to fib levels. The stock has broken these channels bullish multiple times and is now looking to surpass the new ceiling created. My entry was @ 4.30 and I will be closing this one very shortly given its rapid growth in volume the past few days. However a LONG position would benefit if you have the luxury of time.
Important to note: Expectations for earnings were based on last years, which were tax deffered... That is why they failed to meet earnings and the price has gone to a great value!
