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success: PP already said he would and they'd be available on his mobileblog.
OT: Drmyke, now you got me sceerd! lol! EOM
pennyheaven: Imagine that, ended up today. EOM
pennyheaven: Believe me, this pales in comparison (lack of info) to some companies out there. Try a $17/share stock at one point (2000) that went down the dumper, got a class-action lawsuit against them, hit the PinkSheets, stopped reporting, monthly "corporate updates" started and lasted for only a few months, no meaningful news in close to a year, investors can't find anything out (literally, nothing), trading at what appears to be a 500% spread in bid/ask (.015/.085) with NO verfiable way to find out what the real bid/ask is AND only trades a few thousand shares a day.
Believe me, what we got here is good...decent volume, decent spreads, fully reporting, news does get released (just not as much as we want and when we want), verifiable agreements w/ some very large players in tech and advertising, 3/4 lawsuits settled in good favor AND appears to be on the controlling edge of the next big thing...m-commerce.
I'm just glad I'm high and dry and still in the green.
How about you?
Chart shot: Yup, corrected now...
http://stockcharts.com/def/servlet/SC.web?c=NEOM,uu[m,a]daclyyay[pd20,2][vc60][iut!Lv5!Ll7]&pref...
OT: Just giving a name to it. WTF..."What the fxxk?" Quite a typo...all the way down to less than a dime.
Chart shot: WTF??? That's about the fattest "Fat Finger Freddy" I've ever seen. Was that trade for real?
http://stockcharts.com/def/servlet/SC.web?c=NEOM,uu[m,a]daclyyay[pd20,2][vc60][iut!Lv5!Ll7]&pref...
hangdog: Regarding Paperclick and the gotowindow possibly being used by car owners, you're probably already aware, but I thought it was fitting for the discussion...
"NeoMedia Technologies also brings its own, patented PaperClick technologies into the Auto-ID arena. These technologies provide for the linking of physical objects to specific content via the Internet. The broad-reaching scope of the Auto-ID network uses the Internet as the medium through which data transactions will pass to provide granular tracking of items at a global level. Supply chain management will be brought to the next level through the deployment of intelligent Auto-ID networks to enhance mission critical decision-making data collection and mining capabilities"
http://www.neom.com/si/ps_rfid.jsp
OT: Since it was mentioned, here's a pic of the "Asian Brown Cloud". Was curious myself so I had to check it out...
http://news.bbc.co.uk/media/images/38186000/jpg/_38186887_haze300.jpg
Banks: You may be right, who knows? They need a "leg-up" too, just like MSFT to get back even w/ GOOG. Them snapping up "weather" and "quote" generic words seems to be a possible strong sign leaning that direction. Also, the fact that TS has always leaned toward MSFT and recently GOOG as possibly a 20% equity partner just may be a "head-fake". Just a thought.
lns
OT: jonesieatl, me too. Sad. I have them in my prayers. EOM
OT: beacon, like jonesie said, can't stop 'em. EOM
hangdog: Insiders, IMO, can also be read as "close to" insiders. Everybody knows the stock market rule-of-thumb: buy on rumor, sell on news. How does the rumor get out? Same goes here, IMO.
BTW, love the group photo!
lns
OT: beacon: I use Firefox and they make it SUPER easy to delete any/all cookies (from the cookie jar). You may want to also use Spybot and Adaware (both free/shareware). They work very well. You can find both if you go through Download.com.
ifitlooks and others: "Material" news is subjective. I'm sure that NeoMedia could very easily argue the "non-material" nature of their decision to change their plan surrounding their WordRegistry. Likewise, I'm sure they can easily argue the "material" nature of this latest MicroPaint news. It's a very grey area, and that's one of the reasons I THINK that the SEC decided to change the "quiet period" rules at years end. Way too subjective and open to mixed interpretation, hence, many long legal court battles wasting taxpayers time and money, not to mention sapping the resources of the companies at question. That's JMHO. I'm not a lawyer nor profess to know all the rules and regulations. Just livin' and learnin' like many others.
Here's some backup...
"Materiality
Materiality raises some of the most difficult and debated issues. Materiality decisions are the lynchpin for enforcing Reg. FD. The rule clearly points out that selective disclosure occurs when an issuer official, covered by the rule, intentionally communicates material, nonpublic information to an analyst, professional investor or anyone else who might trade on the information.
SEC officials have repeatedly said they are not about to "second guess" materiality decisions when made on the spur of the moment in such settings as conference calls or other meetings with analysts or professional investors. And, as discussed before, should an inadvertent disclosure of material, nonpublic information occur in a closed forum, the company must release that information within 24 hours or before the next trading day.
There are five key elements that the Commission must prove in a Reg. FD enforcement action: (1) Was the person who selectively disclosed the information covered by the rule? (2) Was the information clearly material? (3) Did the issuer official know it was material or was reckless in not knowing? (4) Did the issuer official intentionally disclose the information, and (5) Was the information disclosed in a nonpublic setting such as a phone call, one-on-one meeting or a group meeting that was not made fully accessible to the public.
The U.S. Supreme Court in TSC Industries, Inc. v. Northway, Inc. found that a fact is material if "there is a substantial likelihood that a reasonable shareholder should consider it important" in making an investment decision, or if the fact would have "significantly altered the 'total mix' of information made available." So, what is a reasonable investor? Reg. FD, draws a distinction between the "reasonable investor" and the "sophisticated" analyst or professional investor who, using the mosaic, collects information from various sources and through detailed knowledge of the industry and the company and through his/her insight draws a material conclusion from the mosaic.
Specifically, Reg. FD says, "Similarly, since materiality is an objective test keyed to the reasonable investor, Regulation FD will not be implicated where an issuer discloses immaterial information whose significance is discerned by the analyst."
The 1976 Bausch & Lomb, Inc. decision, 420 F. Supp. 1226 (S.D.N.Y.) states that corporate officers and analysts may engage in a "general discussion out of which a skilled analyst could extract pieces of a jigsaw puzzle (the mosaic) which would not be significant to the ordinary investor but which the analyst could add to his own fund of knowledge and use toward constructing his ultimate judgment." The Reg. FD implementing release says that the "mosaic theory" is alive under the rule.
Therefore, an issuer official may selectively communicate public or nonpublic, immaterial information to an analyst that helps that analyst in his/her effort to complete a mosaic and come to a material conclusion. The rule says, "…an issuer official is not prohibited from disclosing a non-material piece of information to an analyst, even if unbeknownst to the issuer, that piece helps the analyst complete a 'mosaic' of information that, taken together, is material."
Complicating the determination of what information is material is the linkage of Reg. FD, through a footnote reference, to the SEC's August 1999 Staff Accounting Bulletin 99. SAB 99 further defines material information as that which is "qualitative" and that which may move the market in one's stock. The latter, theoretically gives the SEC the ability, with 20/20 hindsight, to say that certain information was material because it moved the market.
SAB 99 was originally designed to address materiality in filed financial statements. By linking it to Reg. FD, the Commission extends the SAB 99 materiality definitions to all corporate communications. Trying to anticipate, for example, whether the response to an analyst's question may move the market in one's stock and, therefore, may be judged material in hindsight, may be stifling some of the communication between companies and analysts/professional investors.
In the Reg. FD implementing release, the SEC provides a list of material factors that, in most circumstances, would be material. At the top of the list is "earnings guidance." Yet, earnings guidance can include both material and nonmaterial information."
http://www.niri.org/irresource_pubs/alerts/EA091001.cfm
OT: Thanx, kokonut. My post that I hit "cancel" on directing this was along the same lines but since I'm not a moderator, I kept my mouth shut. Much appreciated. lns
OT: Thirds here. I was just about to post something, hit "cancel" and immediately saw cloud8's post.
DannyJoe: Not likely. Yes. EOM
DD..tagteam style: Free Wi-Fi? Get ready for GoogleNet...
What if Google (GOOG) wanted to give Wi-Fi access to everyone in America? And what if it had technology capable of targeting advertising to a user’s precise location? The gatekeeper of the world’s information could become one of the globe’s biggest Internet providers and one of its most powerful ad sellers, basically supplanting telecoms in one fell swoop. Sounds crazy, but how might Google go about it?
First it would build a national broadband network -- let's call it the GoogleNet -- massive enough to rival even the country's biggest Internet service providers. Business 2.0 has learned from telecom insiders that Google is already building such a network, though ostensibly for many reasons. For the past year, it has quietly been shopping for miles and miles of "dark," or unused, fiber-optic cable across the country from wholesalers such as New York’s AboveNet. It's also acquiring superfast connections from Cogent Communications and WilTel, among others, between East Coast cities including Atlanta, Miami, and New York. Such large-scale purchases are unprecedented for an Internet company, but Google's timing is impeccable. The rash of telecom bankruptcies has freed up a ton of bargain-priced capacity, which Google needs as it prepares to unleash a flood of new, bandwidth-hungry applications. These offerings could include everything from a digital-video database to on-demand television programming.
An even more compelling reason for Google to build its own network is that it could save the company millions of dollars a month. Here's why: Every time a user performs a search on Google, the data is transmitted over a network owned by an ISP -- say, Comcast (CMCSK) -- which links up with Google's servers via a wholesaler like AboveNet. When AboveNet bridges that gap between Google and Comcast, Google has to pay as much as $60 per megabit per second per month in IP transit fees. As Google adds bandwidth-intensive services, those costs will increase. Big networks owned by the likes of AT&T (T) get around transit fees by striking "peering" arrangements, in which the networks swap traffic and no money is exchanged. By cutting out middlemen like AboveNet, Google could share traffic directly with ISPs to avoid fees.
So once the GoogleNet is built, how would consumers connect for free access? One of the cheapest ways would be for Google to blanket major cities with Wi-Fi, and evidence gathered by Business 2.0 suggests that the company may be trying to do just that. In April it launched a Google-sponsored Wi-Fi hotspot in San Francisco’s Union Square shopping district, built by a local startup called Feeva. Feeva is reportedly readying more free hotspots in California, Florida, New York, and Washington, and it's possible that Google may be involved. Feeva CEO Nitin Shah confirms that the company is working with Google but won't discuss details. Google's interest in Feeva likely stems from the startup's proprietary technology, which can determine the location of every Wi-Fi user and would allow Google to serve up advertising and maps based on real-time data.
http://www.business2.com/b2/web/articles/0%2C17863%2C1093558-1%2C00.html
OT: success: Couldn't resist. After I saw neopathy make a blatant "mistake" about his "interpretation" of the rules of our wager, well...I had to let him know about it. I think I'll continue to lay low there anyway, keeping my end of the bargain (for the time being at least). I'll wait to see if he violates another rule of our wager.
Are we having fun yet, folks!?
A "green" week always makes for a happy weekend! :)
Steelers_Fan: I was thinking while at lunch (imagine that) that possibly, IF there's going to be some NeoMedia "presence" there or their PC will be talked about directly, maybe since the SiliconSpace NR on this coming out on Aug. 16th, NeoMedia felt that while still being in the "quiet period", it would be best to leave them out so as not to "artificially" affect the SP and to keep their noses "extra clean" for any suspecting SEC official.
Again, just a thought and only relevent IF Neomedia reps will be present or their technology discussed.
Steelers_Fan: IMO, they're may be trying to keep the lid on things as long as possible. Won't be too much longer till, ROAR!!! THIS big cat's OUTTA THE BAG! Also, I think it would've looked odd having virtually unknown NeoMedia listed here among those heavyweights. The article refers specifically about "industry leaders". NeoMedia isn't there...quite yet.
Soon enough though! ;)
beacon27: That's crazy. It worked before I posted it but yeah, now it doesn't I see as well. Strange. In any account, I see success backed it up w/ the original post by the "King-O-DD" himself, SOG. Did that one work for you?
OT: No doubt, success. It fried me a bit after two-three weeks over there trying to keep up w/ them, but I sorta miss it. Playing in the sand can relieve some stress sometimes! lol!
But, you know, if that's the case that he re-nigged on his end of the wager, there was a clause we threw in there to cover just that situation....hmmmm, maybe I'll try to fake 'em out and show up as shawnnles or something like that. LOL!! Never know if that dude's just BS'n about formerly being neopathy. May be just a buddy of his trying to "lure" me back.
Nah. Instead, when we break past the .70's, I just humbly ask if could, to post their "mascot" for me over there. ;)
Oh, and Thanx for your PP explanation.
lns
OT: I should've know. Thanx, SOG! EOM
beacon: Big dogs with known business connections w/ NeoMedia will be present. Posted earlier this week by some...
http://www.infoworld.com/IBM_Rational_ClearCase_Change_Management_Solution,_Version_6.0/product_4717....
To add a paultry 1/2 penny to kgoodrich's post, this is the first time since April :) that these two indicators have hit and/or are "over the top" bar. Wow! I think there's gonna quite a buzz after the presentation by SiliconSpace today.
bzzzzzzzz...............
http://stockcharts.com/def/servlet/SC.web?c=NEOM,uu[m,a]daclyyay[pd20,2][vc60][iut!Lp14,3,3!Lk14]&am....
OT: Playground banter...LOL!! Not posting there, but still lurk. LOL! If that's true about neopathy, he's pretty dense. The wager was the loser, or losers (in our case) could keep our moniker but would have to refrain from posting on the RBB NEOM board ever again.
Not only could he not contain himself, he just "f'd" himself.
Thanx success and kokonut!
lns
http://www.badgers.org.uk/badgerpages/pictures/taxidea-03a.jpg
...couldn't resist. :)
Thanx, kokonutguy. EOM
pvc: all toes clear? OK. IMO, the "last chance" to get into this "penny" stock. Once we clear a buck and hold it, we ain't in pennyland no moe! :)
Doggone, woogerbear, was I offensive? chartist1 (and the rest of the board for that matter), please accept my deepest apologies if you also feel that I've "stepped on your toes" by simply, basically, agreeing w/ your observation that you stated on your annotated chart that we "need volume here soon".
And, kokonutguy, are you referring to me there? Was I somehow disrespecting chartist1's privacy? If not me, then who/what are you referring to?
chartist1...was I out of line there w/ my comment/observation/opinion? Again, Thanx as well for the charts you've been posting.
This is my last post for the day but I get the feeling that many here will welcome that.
Sorry for my clutter. Damn.
woogerbear...I think it's safe now for you to tell us how you see it.
kokonut: Yeah, not too bad. But, that's what I'm saying...can we hold it? As chartist1 pointed out, volume is needed. If it doesn't hold, it may look like this may have been a short-term "TS" effect.
Not downing TS (it was he who introduced me to this stock), not being negative, just stating what I see.
If nothing else, it looks like we'll at least be able to hold this .40 or so range.
Too many things anticipated for next month.
longtime: Anybody can apply for patents for anything, pretty much. It's whether or not they get granted or are found to be based off of "prior artwork" or something like that, referring the denial of patent to a previously awarded patent by another individual or company.
I think that's what'll happen to ScanBuy's patent application here. IMO, they'll get a big fat denial based off of NeoMedia's "previous artwork". Either that, or they'll settle out of court and voluntarily pull their current patent application. Again, IMO.
Zacked: Scarry! LOL!! EOM
hangdog: I wasn't complaining, more like stating how I view that particular "investment vehicle".
BTW, I did exactly that...vaporized my 401K last year. Yup, took a hit but it really wasn't that bad. It provided me the means to make the move I did which in turn provided me the means to have much more available dollars to invest on my own. That's how I got here.
The "quit" solution practically speaking isn't a viable option for a lot of folks. Before I got RIF'd last year I already had stopped contributing...one, because I did need the extra money at the time and two, because when I learned that MY money was "locked up"...well, that just pissed me off.
The one nice thing I learned though is that any money taken out in a 401K is considered long-term capital gains, even if it was just contributed/matched. But, as we stated, one must quit or get fired (RIF'd or whatever) for that option to make itself available.
lns
Interesting way to look at it, Pick. EOM
I look forward to it, kgoodrich. lns EOM
beacon/wth: A 401K is an "investment vehicle" that was devised to replace company pensions...the very thing that's going to kill a lot of old big businesses here in the US (airlines, automakers, etc...).
Basically it's a jailhouse for your money to keep it in the market, IMO. Employers try to seduce employees to contribute up to 15% of their before-tax pay into a 401K OF THE COMPANY'S CHOICE by offering "matching" contributions. Well, as time goes on and if a business starts to take a hit, those "matching" contributions can shrivel to a paultry 1.5% (or worse, I imagine). I don't know, but I imagine there being a tax benfit to companies for supplying their "matching" funds, but can't say for sure. Only my suspicion. I'm always suspicious of entities that urge me to "go w/ them" for my own financial security. At least it's an option though and not a manditory "investment" like Social Security.
The crime is two-fold, IMO...1) in most cases, an employee only has a very limited number of mutual funds to put their 401K money into, 2) the employee CAN NOT take his/her money out of a 401K at their own whim...sure, I can see the "matched" funds, but my own money I can't take out! WHAT???...To do so, one has to prove some sort of financial hardship and then the money can only be "borrowed" and must be paid back resulting in the employee being double taxed when that happens. An employee can only take their money out that was contributed during the time employment when they quit or get fired.
IMO, a very false and misleading way devised to artificially prop-up the markets.
I find it helpful to always remember...what the gov't giveth, the gov't can taketh away just as fast. Look at the 501 Education IRA...in 2010 if it's not "renewed" by Congress it evaporates...in cases like mine, WELL before my kids will even be thinking of college. So, what's the point. BTW, you're limited there too and the rules are different state by state.
Hmmm, ever wonder why our tax laws are so damn complicated? Think about it.
Zacked: I guess so, I've never done that before though. Nope, not Dr. Myke, but rather a more effective healer.
Not saying your not effective in your practice, Dr. Myke. Not at all.