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From day one i've been saying they should dump the paint company; if qode is going to be the revolution that we hope it is, there's no point in neom holding onto some paint repair company no matter how potentially valuable it is. Now, at least, when i tell people about neom they won't ask me why i own shares in a paint repair company.
The cornell debenture is fairly simple, IMO. Neom is cash strapped and with the current low pps they had no choice but to go back to the well for more money. Cornell is doing exactly what a vulture fund does; driving neom into the dirt in exchange for much needed cash. Neom's only hope has been and will be the launch of their technology, and the eventual partnership with a bigger company such as microsoft or newscorp. The problem is, as long as cornell is their banker, it seems unlikely anyone else will partner with them, as indeed they would effectively be partnering with Cornell.
Hipcricket simply didn't work out. When the pps tanked hipcricket ran for the hills, as would any promising company that was offered shares for acquisition. You can bet, at the moment, the other acquisitions are kicking themselves for taking stock as well. Management's seeming inability to realize that pps does, in fact, matter, is killing the company at the moment.
Anyway, the sale of the paint company is good news. Management has continued to disappoint as they don't seem to realize that pps is important- is, in fact, the only thing that matters in a company like this. And it's all going to come down to september and the launch of qode. I fully expected us to drift in august, because nothing of import would happen until after labor day.
Anyway, hopefully we can move forward from here.
best,
Joe
OT: JP, if neom announces a deal w microsoft and then newscorp and nokia, and the price goes to a buck fifty, and we sell and meet in vegas and then take the money and hit the Wynn with my MIT boys and then get chased out of town by PIs, well then we're talking...
and btw, that chick in my shirt is my fiance so it's ok.
best, Joe aka ben
I will say one thing. It's damn hard to buy 100,000 shares right now at under .15.
Best,
Joe
Well, this is certainly ugly, and I'm continually shocked at management's inability to respond to drops in the pps. Especially seeing as this drop is on fairly insignificant volume (in fact, we have drifted down from the .40s without real volume considering the 650 million plus shares (remember when we ran to the .70s on 20 million volume days?? We're drifting on between 1 and at the most 4 million days, with a lot of that volume buys). But that doesn't excuse managements seeming lack of aptitude for bouying the volume in between important prs.
It's fun to read all the bashers as they party across the board; just as we who believe in the stock partied when it hit .70 and the bashers were nowhere to be found, now that the stock has inexplicably drifted the bashers are partying and most of us who believe are staying quiet as we nurse our wounds.
IMO, the last 10q was actually quite impressive; Neom is in the process of building a megacompany, and of course it will take time for them to integrate their parts and launch their re-imagined tech. Revenues are increasing astronomically, and if they continue to increase this will indeed one day be a billion dollar company. Unfortunately, management needs a wake up call re dilution, and more importantly PPS. PPS is the singlemost important thing to a company like this, as it is the foundation of investment money and indeed the money needed to keep the company going. Management needs to institute either a rash of insider buying, or to release a pr involving a major name such as Google, Microsoft, Virgin, or a client such as Starbucks.
IMO, the reason we have had this drift is simple. Chas sold shares just as the company announced the 5 billion dollar share request. This twofold punch shook up the dabbling investors who had been brought in mostly by TS, and they began to sell shares. Insider selling at that point was inexcusable and disastrous. However, the small selling volume, though immensely impactful on the pps, shows that the bulk of neom believers remained believers. However, as the price sinks precipitously, people will get nervous; that's why management needs to act.
Anyway, that's my two cents. I believe we will recover from this and move forward, as soon as management gets into gear. I would love to see Chas buy back a million shares, but in any event, if we hit .10 i myself will probably do so anyway. Revenues are increasing, the company is growing, and the technology is becoming more and more a reality every day.
Bashers, have your day. We believers have had plenty.
Best,
Joe
MG-OT: Hah, blackjack's my game. But it's true, i invest just like I play poker, i go all in the first time i get a pair of anything. I lose a lot, but when i win, i win big :)
best,
Joe
What an awesome application; I am sick of going on Fandango and printing up my ticket to bring to the theater with me, or having to re-use my credit card at the movie theater. I love the idea of just having it on my cell phone. We really are witnessing the beginning of a cell-phone centered service economy. One day we will see this everywhere; supermarkets, airports, gas stations, etc.
Having now recovered from the bizarre slide of our pps, i'm now once again enjoying the buying opportunity. Added another 175,000 shares these past few days. Regardless of the chartists' opinions (and by the way, I do appreciate the wonderful knowledge shared by Chartist1 and others, that's what makes this board truly worthwhile), I believe Neom is massively undervalued right now. Of course I c ould wait to buy when it's on the way up, which is probably safer but undoubtedly more expensive, but I'm happy i caught the falling knife at .15 and I'm happy to catch any more falling knives Neom wants to throw at me!
best,
Joe
Ok, i couldn't resist and added 75,000 more shares. This pps seems very low to me, especially with the potential for news and the certain higher revenues that will be reported in the next 10q. Look, there has been massive dilution and of course the revenues won't offset that, but bottom line this company is worth more now than it was 1 year ago. The market cap at the moment should be closing in on 250-300 million, on the revenue we are earning now and the deals we have been signing. If we get to 1.2 billion shares out (and remember, the 5 billion aren't going to be out there, just possible to keep our options open), that's still a pps of .22 to .28. With a qode roll-out, a scanbuy settlement, a deal with any major player, our market cap should move beyond 500 million, or a pps of .4 or so.
I'm as frustrated as any here with this pps, we should never have dipped below .22. And i'm no perfect fan of management; i have been leery since the insider selling coupled with the 5 billion share authorization which both came about the same time. But with what 12snap, mobot, and hipcricket have been up to, and with the potential of qode, i'm still in this for the long haul.
best,
Joe
Add my 2.1 million shares, which I am still holding, tho i was much more enjoying holding them at .75 then at .23!:)
Anyway, I'm still in this for the long haul.
best,
Joe
I wish Mobot, Hipcricket, 12snap, etc had their names changed to Neomedia. Then these articles would help the stock price enormously. All these articles would be about Neomedia's innovative tech, not about Mobot, 12snap, etc. It's all the same company now, it should be under the neomedia name.
JP, done a lot of thinking about your response to my previous post, and to what Clawman and others have been posting here, and I am indeed holding all my shares for now. I have to believe we've reached a bottom here and should return into the .30's and .40's as we approach the shm. I am also bolstered by the fact that some of my highly educated friends in the high tech world have been buying shares the past few days (they smartly sold at .50, heck, i've always been good at getting into stocks and not so good at getting out!), expecting a recovery in the next few weeks. I do believe that management needs to give us forward looking guidance, and indeed, fire the PR bums they have now and hire someone worthwhile. The PPS should be the paramount issue at the moment, as we are dangerously close to a precipice we would not recover from, IMO. Heck, all Neom needs to do is put out a pr of revenue expectations over the next year; simply adding in BSDS, 12Snap, Sponge, and MOBOT would put that revenue, IMO, way higher than last year, and that might be enough to push this back up. I'd also like to see Chas buy new shares, or explain in better detail why he sold; or one of the other board members should register to some shares, rather than sell.
Anyway, I'm still in this. Not expecting a dollar anytime soon, as I believe I've said before I think we can support a market cap up to around 400 million with our intellectual property and current revenue, which would put the pps above .34 or so.
Best of luck to all!
Joe
Clawman, you are dead on, as always (and i've found your posts to be incredibly informative, i search for your handle immediately everytime i check out this board). What concerns me is that we are giving chas the benefit of the doubt here, saying his timing was bad, that it was some sort of mistake. I'm afraid that his timing was no mistake; the board is trying to authorze 5 billion shares so he's going to unload shares that will soon be worthless. Why didn't I, or shouldn't I, do the same???
When we came out of the bsds quiet period, i expected to see forward looking statements regarding Paperclick and teh Word Registry, instead I got massive acquisitions and dilution. Okay, we're building a supercompany, but i need assurances that i am not goiing to be left in the dust.
best,
Joe
JP, hope you feel better. As you know i have the utmost respect for your opinions and I know you know this stock better than anyone. I still hold 2 million shares, but I did take a little off the table at .4 to protect my principal and rebought at .31 or so (i originally bought in at .07). But I am majorly concerned right now (and here comes some ranting), specifically with Chas 6 million share registered to sell. I mean, am I supposed to believe that we know something that Chas doesn't? We believe the stock is heading to 1 dollar but he thinks it makes sense to sell 6 million shares below .40? And those who've stated that Chas's timing is unfortunate have it backwards- Chas's timing was perfect. Neomedia announced a 5 billion share authorization, and Chas registers to dump 6 million shares. We should have all done the same thing, right? I mean, Chas is the chairman, he certainly knows when it's time to sell, right? Hmmm.
JP, I know you have a lot of respect for Neom's management, but how am I supposed to trust them right now? They are building a supercompany- but are they going to sacrifice the current shareholders in the process? Authorize 5 billion shares, buy up all these other companies, then reverse split and slowly over a year or two build up revenues to support a nice reissue of options for themselves? I simply don't accept management's apology for this level of dilution in the face of Chas's massive share sale. He is protecting himself. Shouldn't we?
This is a very frightening place we're in. JP, we both watched CYPT run from .07 to 1.75 and back to .18. All because we trusted management and it turned out they were not being entirely open.
I need some guidance from Neom, and soon, or I'm going to pull a Chas. If he doesn't believe that the stock is going up, why should I? And if he does, why sell now? Repairs on his house (isn't that what someone said was the board's response?) You mean to tell me that he thought it was better to sell his neom stock than get a loan? What does that tell me about where he sees this stock price going?
Okay, enough ranting. Listen, Neom has some really impressive potential, and an incredible roster of companies that it's just swalllowed up. But unless someone is really waiting in the wings to buy em up, it looks more and more like they are going to lead us longs to slaughter and build a supercompany out of our corpses.
(okay, i'm not that negative, or i wouldn't still have 2 million shares. But I do need some serious reassurance from management, and fast).
best,
Joe
It's definitely been an interesting week. I agree that there seems to be good support, even with the massive share authorization; I think part of what's going on is that the market has to reconceive Neom now that it's a marketing superpower; paperclick is just one part of what Neom now offers. I mean, look at today's pr. 12Snap alone needs to be reevaluated as to its value with the incredible contracts and campaigns it's involved in. Trying to put a dollar value on neom is difficult. 12snap alone could evolve into a 100 million dollar valuation, the way it seems to be going. Putting neom's worth in the 1 to 2 billion dollar range within a 12 to 24 month period is not out of question. The new question, then becomes, what will the share dilution be by then.
I'm inclined to side with JP and others who have suggested that the share authorization is a reaction to the possibility of a buyout; even TS suggested that neom is a potential buyout play, and from what we know about management, they are very averse to the idea of selling neom away. Also, it seems almost certain that neom is not finished with its acquisitional strategy, which means more shares will indeed find their way into the market.
Personally, I still fear a reverse split; unless massive revenues begin to come in, it will be the only way to get us relisted; however, it will absolutely destroy current shareholder value, and will be the kind of thing that helps the company while hurting those of us who've been in this from the beginning. Hopefully that will not happen.
Anyway, I foresee the pps rising back up as we hear more from 12snap and others. I can't imagine neom putting much more than a billion shares out there, which means with a billion dollar valuation we can still reach that dollar pps.
And yes, i've still got my 2 million plus shares. They ain't worth as much as they were last week, but then i'm hoping in a few months they're worth as much as they were last year! (overall, i am still up 450 percent in two years, so who's complaining. Doing way better here than any of my mutual funds.)
Best of luck to all
Joe
JP, what would it cost verisign to buy neomedia?
OT; Thanks, and honestly, nobody's gonna want to be sitting next to me in vegas, unless you're eager for the wonderful experience of getting kicked out of a casino :) Not that i'm actually that good a counter, just that i've hung out with the wrong sorts of people for too long to fly under the radar anymore.
Actually, i just got back from three weeks in vegas, where i co-hosted The World Series of Blackjack, which will be airing beginning june 5 on GSN, and also on AOL beginning mid-may. So to be honest i hope we don't all get our 1 dollar before i've had a couple of months to detox from the experience!
And I do agree that craps is a blast, and a good craps player can be basically even with the house, and with comps, even a little ahead. Baccarat can also be beat by counters. There are also roullette teams but that's a long, drawn out process of searching out poorly weighted wheels, or tilted ones. And actually video poker teams can indeed get an edge, but again, it's a long long process that takes tons of patience and a good bankroll. IMO, your best bet in a casino is actually the buffet!
best,
joe
OT:
Actually, the house always has an edge in any casino table game (except for poker, where the house doesn't play against the player) including blackjack and craps. However, in blackjack, in a casino that offers surrender, stay on soft 17, resplitting aces, and doubling after a split, you can get within .05 percent of the house (you still have a slightly negative expectation). However, with card counting (keeping track of the tens and aces), a player can actually have as much as a 2 percent overall edge, and at certain times as much as a 5 percent edge over the house. And if you practice advanced techniques such as cutting to aces, shuffle tracking, and key card sequencing, you can actually, at times, have as much as a 35 to 50 percent edge over the house on certain hands. Card counting and advanced techniques are legal, but the casinos will throw you out if they catch you doing them!
best,
Joe
Howard, I love your enthusiasm and I hope you are right. If sales somehow jumped to 50 million today then we would be in great shape. I'm guessing sales are about what they were in the last 10q and the cost of sales went up considerably. I think we're a good year away from break-even. We agree on future potential though!
IMO, however, it is indeed managements job to worry about the PPS. And it's true, you can grow the company first but sometimes when you do, you do so at the expense of current stockholders (such as through a reverse split, which i don't believe neom will do, but that is the danger of an acquisition based on share-selling strategy). You can build a huge company but it won't matter to those of us who bought early if you don't take care of the pps along the way.
best,
Joe
Allin,
Well, I disagree but I' d love for you to be right. I for one don't think neom's execs have been brilliant at everything they've done; it's hard to be brilliant all the time. I do think their development of pc and the word registry are brilliant, but I think they've had major problems in pr, have allowed certain events to become "nonevents" in terms of publicity (the virgin deal for one, word registry so far, etc), and are making a big mistake with NMPR. That is my opinion. I don't believe nmpr will pay for paperclick, because according to the past few 10qs nmpr is not gaining ground in terms of revenue fast enough to be important in paperclick's development (which, IMO, could gain ground in the next year in terms of revenue). I certainly don't think nmpr will ever replace cornell; if anyone is going to replace cornell it's going to be a major investor from either wall street or the corporate world, and a major investor is less likely to jump into an otc company that sells paiint that one that focuses on the future of cell phone advertising.
I guess to answer your question, i believe neom's execs have played certain avenues brilliantly, and other avenues not so brilliantly. I think the word registry and paperclick have huge potential, but NMPR is a mistake and should be spunoff. I have reservations about bsds as well, as i think it cost neom way more than it will benefit (in terms of pps and thus market cap), but hopefully i will be shown to be wrong in this too.
best,
Joe
Success, I'd love for that to happen, and i do remember hearing JP and others say that. IMO, it can't happen fast enough! Yes, koko, dupont would be a natural buyer for NMPR, or maybe some chinese conglomerate. I guess if that's management's plan, then i should lay off the nmpr rants for a while and let them do what they do. Overall, i am so thrilled by neom's potential i am not sweating any price fluctuations, especially on miniscule volume. and maybe this time we'll close up. I'm expecting some good news next week IMO, as we still haven't heard anything about word registry and between mobot, hipcricket, and 12snap there are a world of pr's to come out here and abroad!
best,
Joe
OTT, i'd love to see that happen- a spin off of nmpr and a share buy back- but i don't believe management has that in mind, at least any time soon. From what was reported from the shareholders meeting, and from Neom's own actions, i don't think share buybacks are on any neartime agenda- in fact, just the opposite. Neom is building itself by selling shares, acquiring companies, etc. Which isn't bad for the company, just for the pps at present. NMPR would have to bring in a truly massive amount of revenue to make it worthwhile, IMO.
But heck, i'd love to be proved wrong on this.
The next 10q should be interesting.
best,
Joe
Just to continue, in no way do I see the paint company paying for the launch of paperclick; the paint company will evolve into true profitability over the next couple of years; paperclick should take off way before that happens. Again, i'm not saying the paint business isn't a viable business, it's just not where neom is going to get its valuation. In fact, every penny neom earns through its paint division takes away from the bottom line, because it brings to question the viability of neom's core patents. If these patents are as valuable as we believe them to be, why the heck is neom futzing around with paint?? Whenever I try and tell my major wall street friends about neom, the first thing they crack on is the paint chip business. "Neom is going to change the world because of it's paperclick patents- and it's also going to repair that nasty little chip on your car." It just doesn't make sense. This should be spun off.
best,
Joe
Actually, the pps has dropped after every paint pr since neom got into the paint repair business. As i have said many times before, the paint chip repair business reeks of OTCB; whether it generates a couple million bucks in revenue or even a lot more, it's never going to get this company into a billion dollar valuation. Investors are here because of paperclick and the word registry. Every time Neom puts out a pr about paint it makes people question neom's potential. If Neom were truly the potential future of cell phone marketing (which i believe it to be), why is it wasting resources, manpower, and time on a paint chip division? Neom needs to spin this garbage off. I'm sorry, but i've been fuming against the paint division since the beginning. I never wanted to invest in a paint company. I am here because i believe the future of cell phone interactivity with the physical world is in neom's hands.
best,
Joe
Ha this is pretty funny stuff. Brew, I didn't realize i was being confusing. I simply said that i tried to buy 10,000 shares when the pps was at .395. I put in a limit order of .40, and my 10,000 shares moved the price up .005 cents, to .40 (which was my limit price). Because i own 2.1 million shares, that means my paper value went up 10,000 dollars on a 4000 dollar purchase. Don't know how you got that i did this at midnight as i clearly posted midday today. Also don't know how you misread my post, as i think it was pretty clear. My only point was that the share price is tightly controlled right now, that a mere 10,000 share order moved the price up half a cent.
Sorry for taking up so much time but I just wanted to be clear. I have no agenda here as I don't believe one is necessary; neom is going to fly whether any of us post anything or not. And by the way, brew, i've been posting here about my holdings for a couple of years. I also realize that no profits are secure until one sells, so whatever i have on paper it ain't in the bank!
best,
Joe
hey, funny thing. stock price was at .395 so I bought 10,000 shares for about 4,000 dollars at a limit of .40. The stock price went up to .40 on a volume of about 10,000 shares, and because i have 2.1 million shares, overall that 4000 dollar purchase made me 10,000 dollars. I wish i could buy 10 million more shares, then i'd make some serious coin.
Seriously, this thing is tight as a rope. Any buys push it up.
best, joe
OT: Clawman, I for one am enjoying your posts immensely. Although adding the issued and outstanding shares together kind of proves he isn't a professional basher...
Great day today. Mobot closing, and the new european acquisition. This is going to be a great few months. I can't imagine how this company isn't in the radar of google, microsoft, and yahoo. But i'm still waiting for the word registry pr. That's going to be the big one for me. Because that one means revenues, sooner or later. I do think we're going to have a lot more shares out there after these acquisitions, but i also think the market cap should go up by even more. I think we should be in the .5 to .7 range within the month. And we have so many possibile european partners now it's mind boggling.
best,
Joe
JP and others, just wanted to play devil's advocate once, before i get too excited about the seemingly live word registry. What evidence do we have that these linked words (NFL, MBA, flights, etc) actually represent sold or partnered-for links, and not selling tools or simply live demonstrations. What i mean is, what would keep neom's marketers/programmers from making a link from the world NFL to NFL's website? I don't think it's any copyright violation to do so, or am i wrong? I might be asking a simple question with a simple answer, i just want to see what others think.
My own belief is that these are live words- evidenced, IMO, by the word "stuff" going to happy.com, because i can't imagine that a marketer at neom would have come up with that. But i'm also not sure that any of these will be evidenced in the 10q as revenue; i think that without a big pr about a massive influx of revenue (i mean, at 75,000 a pop for these words we're talking potential millions already), they won't just spring a huge 10q on us. I think that would be material news that would have had to have been reported.
More likely, these are words that were given free to these giants to get ready for the word registry launch- becuase the launch, and even the sale of other keywords, is impossible without some level of use, and without a large databank of live words, nobody would use this function.
Anyway, just thinking aloud.
And ss, it's interesting to note that just a few of us together own 1-2 percent of this company. pretty frightening thought.
Oh, and if there's a book to be written about this i'd write it, but we are gonna have to hit a few bucks first and then someone's going to have to use their profits to hit vegas hard...
Best,
Joe
ss9173, it's true, I haven't posted in a while, mainly because with the qp, which i was skeptical of at first- and wrongly so, by the way- there wasn't much to say. I still hold nearly all my shares, around 2 and a quarter million, and I'm looking forward to the next couple of months. Re the recent developments, honestly when I thought about the qp ending and what sort of announcements i'd like to hear, acquisitions were not at the top of my list. I wanted to see a pr on the go window word registry purchases- the very things we're posting now- or something about the virgin partnership or a paperclick success in europe. However, i do think 12snap is a very interesting play. Of course I have concerns about neom financing these purchases via cornell and shares; i don't think neom has any major revenue announcements to make in the next 10q, so i can only see these acquisitions happening through more shares or more loans. However, in the long term, this extension of neom's business into sms marketing and through these new mobile advertising contacts will make paperclick more viable and neom a much bigger player. There are so many campaigns in europe and here in the US that are going to flow through neom now, via 12snap, mobot, hipcricket, that paperclick will have more of a chance of becoming a household brand.
There's no way, in my mind, that neom is not on the radar of google, microsoft, yahoo, etc. I think if neom wanted to be acquired by one of the big gorillas, it could happen, but these acquisitions (especially the bsds triton situation) make me think that's not what neom wants. They are going it alone, which in the end might be the bigger and better play.
i still am not thrilled with the paint business, and though i know many here think it's a good play, i think it cheapens neom's overall brand, and makes it that much harder to interest financing on wall street and elsewhere because it reeks of OTCB (the future of mobile marketing- and a speedy way to repair paint chipping on your car?? huh?) But i still think it will be spun off, hopefully sooner, rather than later.
Anyway, to sum up, i am very excited about the upcoming months, a little scared by acquisitions in general, and still believe this stock is very undervalued. i put this company's future potential easily in the billion range, which would give a pps of almost 2 bucks. That's what i'm looking for. But we need a really good stream of pr's about this word registry. Because there's a lot to talk about.
best
Joe
FLIGHTS goes to NWA screen where you can check flight status on northwest. pretty cool.
hah. you're right. so the programmers at Neom put that playboy picture on their demo. cute.
STUFF goes to a site called Happy Harry's. Anyone want to try and explain that? i thought it would go to stuff magazine. but it goes directly to happy harry's, which is located at happy.com. Very strange. certainly, this is no demo. Why would neomedia set up a site called happy.com for keyword stuff??? interesting.
best, joe
PLAYBOY works! It's a nice link too. Is this a new one? I will be proud if i was the first to type in Playboy.
best,
Joe
jp, mlb works fine on my treo w paperclick go window!
best, joe
Unbelievable buying pressure IMO. Just to see (and to raise some rent money) i put an order to sell 15,000 shares at .4. It took less than 30 seconds to fill. I think we will see .50 before long.
best
Joe
OT: Inforit, thanks man, that's a nice thing to say. I had fun writing and researching it. Hopefully we'll all meet in Vegas when this thing rockets past 1 buck and I'll have the MIT kids there with us to help us blow our neom winnings.
Anyone who still doubts TS's power over Neom in specific and penny stocks in general can just glance at Neom and Mobl's price action today. These stocks are only linked by way of TS and last night he pushed both companies with renewed fervor. Both are up around the same amount today, on similar volumes. TS seems to have decided that these are his two main companies for 2006, and he's going to push them both as hard as he can. If we can get some news along with TS's help, we can make a run for the .50's and above again!
best
Joe
OT: Cloud, yes, i did. A couple of them own some shares. I've been pushing neom to everone i know for nearly two years now.
JP, any idea how much my 10,766 shares of Ipoint might be worth?
I don't believe the runup of today had to do with the ipoint filing, unless someone thinks the ipoint filing is some sort of indication that the qp is nearing an end (or over). I think someone is expecting some news over the next week and wants in now. Also, some who sold a few weeks ago for tax loss purposes are now rebuying (those who sold more than thirty days ago). It's amazing to see what a few million shares of volume (or about half a million dollars) can do to our pps. Imagine what will happen whem someone wants to move a few million bucks into this stock.
Love to see this continue tomorrow, or at least settle in around .40. Then a nice piece of real news next tues or wed to push us back into the .60's.
By the way, if anyone is interested and for some strange reason wants to put a face on my posts, I'm a very brief guest walk-on role on the show Numbers on CBS tomorrow night, i think 10pm. I'm sitting at a blackjack table with the real life members of the MIT blackjack team in a scene that takes place in a casino.
I really wanted to shout out "Buy Neom" when they shot the scene, but i was pretty sure they'd cut it :)
best,
Joe
And S&S is the smartest publishing house around :)
JP, thanks for the great SHM post, and thanks again to everyone who attended and posted such phenomenally informative notes here. It's made it much easier to sit back and wait for the explosion of news we're all expecting. It's not going to take much to rocket us back to .50. TS's comments in last night's newsletter were very interesting, to me, anyway. First, that Neom is separated from all its competitors by it's patents. Second, that the word registry has no competition at themoment and that TS foresees a similar trajectory to how Verisign lanched its billion dollar company. And that he's checking into what's up w neom and nextcode. None of this is particularly new, but it's heartening to see that in this new year, TS has obviously chosen neom as the stock he's pushing the hardest, the one that deserves the biggest amount of real estate in his first newsletter of the new year.
I really believe the first half of this year is going to be explosive for us.
Best,
Joe
What is amazing to watch is how little volume it takes to move this stock up; the shares are held so tightly that buyers are forced to pay a hefty jump to get any sort of volume at all. The drift downward we've had over the past two weeks, though accompanied by much board agony, was on very tiny volume, indicating to me it was very insignificant MM games and attempts at day trading. I do pity those who are trying to time this baby, getting out and back in, because the way out is easy, the way in is really tough.
Best to all. Looking forward to the SHM notes, obviously someone liked them.
Best,
Joe
Fair enough, Personalizit, I did make many negative posts and I still have my concerns, specifically I am not as happy about management as others here; i don't think they show much concern for shareholders, they seem to have a very poor pr machine, and they don't seem overly concerned about share price. I don't think bsds is a great move and I'd like to see some info about word registry.
However, I disagree with you as to how far Neom has come. Neom has reached a settlement with one of the biggest companies in the world re their patents, has launched, to some extent, a word registry that could change the way people use their cell phones, and is building a technology that could change the future of advertising, shopping, and search. They are fighting to prove the validity of patents that will be immensely valuable. Revenues will not change until paperclick and word registry reach the public- nor should we expect them to. Where would this revenue come from? Only when people are using paperclick will neom make money. That isn't really relevant re the pps, because in a stock like this, the pps is built on predictions, not present revenues.
As for losing money, I'm pretty certain that with my 2.2 million shares, in the drop from .75 to .32 I have lost more money than anyone else on this board, perhaps anyone else other than on Neom's own board! :) However, yes, you are right, i did buy in low, for the most part; however, i was here at .75 and didn't sell, so my frustration level is no lower than yours.
Best,
Joe