OK, you deserve a better answer....

I would never bottom fish on any stock. I would always wait for a breakout above resistance ON VOLUME to make a purchase. You might counter with " well then I would have to buy higher and I would miss the opportunity of buying at these prices". The fallacy with that is: You don't know if this is the bottom. Look at how many folks here bought at "bargain prices" only to see a price slip lower and lower. To put it blunt: Never bottom fish. You don't know how deep the water is.

What you DO need to learn is: How to know when NEOM has broken above resistance ON VOLUME.....if that happens, you buy at the end of that same day.....but you patiently wait till the last 20 minutes of that day to buy....but NEVER back up the truck. Feather in as breakout confirmation is confirmed over the next several days after the breakout.

GONEOM....3 words....

I'm not in.

OT: GO TROJANS!

Final spew.....

Of all the information that I post here I would put my charts near the bottom of the list of important things to write down and put in your desk drawer.

Some folks just don't get it. Or just don't want to.

Clawman....one last thing......

As to my demeaner.....In order to create the seeds of change someone needs to "disrupt" common missunderstanding that prevail in chatrooms.

By taking that task I don't expect to pile up friends....

I do that in my 3-dimentional world where I don't talk stocks at all.

clawman....one more thing....

I think it's fabulous that you are an Attorney....and a good one I would wager. The BAR is one of the most difficult tests to pass (CA BAR about the most difficult) and you are well respected here for good reasons.

The problem is that (and this is the linchpin of my argument on investing) There is no education that prepares you for what is needed to be a consistently successful investor/trader. Why? Because you have to go AGAINST the grain of human nature and logic at the same time. You need to be a contrarian, a cynic and have the courage to go against the crowd almost every time. You need to have amazing patience, yet pounce with total confidence the minute you see what you are looking for. You need to recognize and admit mistakes AS SOON AS THEY HAPPEN and ACT on those mistakes. You need the instincts to look at the terrain from a different perspective and see what the average person does not see.

Clawman, there are so many qualities that CONFLICT with each other, that you need to be a CONSISTENTLY successful investor/trader that very few people have them and can harness them.

Why do I say all this? I learned some time ago that I seem to have the combination of these difficult characteristics needed to excel in the market. I am horrible at math and I can't spell but I do have the unique qualities it takes to excel on Wall Street.

I am here to offer that knowledge and frankly it's worth $$$$$$$

C1

Vines3..Good for you!!!!!

The last thing I want is to be the only one to make money on any stock. I want you folks to make money...that's why I spend most of my time here to try to help and erase missconseptions about investing. Not kidding. Good for you!

clawman...I am not here to....

make pals at a cozy 2-dimensional bonfire. I am here to offer accurate, UNBIASED opinions, and yes - - challenge over exuberance, as I seem to be the only one with brake pads on my emotions. Of course that will get the ball rolling once again on how I have no emotions, but I have covered that about 10 times as well.

I am well aware of how my remarks come across in this environment.....but I seem to be the only one who has made money on NEOM and I will tell you that it's not because I averaged down and flew to Florida to cheer management on.

Chatrooms are not filled with seasoned investors (the reasons are obvious) but I am here to offer blunt help to change bad habbits (for those who want to listen) that are created early in ones investing carrer. Now, that would mean that I obviously think I something substantial to offer based on extensive experience but I think you already know that.

There: Blunt. Factual. Making Money.

Anyone want to ride that train?

C1

Elliot...did we read the same report?

....or did you just stop at the "Outperform" rating? I read every line and there is still alot to be concerned about at this point. It really helps to try and stay grounded and objective and the report I read was not "great", as you say. But you are entitled to your opinion.

I know your emotions are really tied to this baby....."our little company" highlights that.

best of luck!

C1

2blksdown...........

Trust only yourself. And what I mean by that is educate yourself so well that you can trust your judgement even if you find it to be in the vast minority. There is no magic bullet. It takes time to learn to read the market correctly and it is hard to avoid mistakes without actually making them.

There is nothing more unsetteling than having to completelly rely on another person when your money is at stake. Find the best books on investing and read them....not the most hyped books.....the best books. And learn the following:

Technical Analysis: inside and out with complete comprehension of charts and the many, many indicators that come with them. Go to Stockcharts.com and look up candlestick patterns and chart patterns. Learn them inside and out...then go to historical charts of companies that you are familiar with and look for those same chart patterns (both bearish and bullish setups) and see what happened AFTER the set-up and learn from it, including news moving events.

Fundemental Analysis: Ask youself "why am I in this stock" every day and do those fundemental factors still apply. Don't let management sell you.....they always will. Always look under the rock.

Stock Psychology: Extremelly important - You have to have the nerve to buy when the time is right and the humility to sell the minute you smell something wrong. You also need to be patient. That is a tough combo of emotions to control....but you have to.

All this goes back to my first and most important point. You have to have the knowledge power to trust yourself before any of the following can apply.


C1

Doc....even more important than......

just listening to me.....break down the logic of averaging down so you can buy into it YOURSELF. That is much more powerful than just believing me. After all just believing TS does not always work either.

I don't keep posting to you about this because I have a passion to be right. I could care less about that. I want something far more important. I want to teach something that I have learned from my own past mistakes. That is far more valuable to me.

What helped me sooooo much was when I made a big mistake in the past, I backed out and said "what did I do wrong". I then researched and studied and read independently of any feedback from a board. What I know now from doing that over and over and over is so valuable but you have to want to learn from mistakes.

I just posted back to someone that my "sermons" are actually far more important than my charts....because I have been there and wish I had someone else to tell me what I am now saying here. Unfortunately it is often viewed as being pompous. I can't be bothered with that reaction.

C1

OT: 8eights....actually....."my preaching/judging"....

is MORE valuable than my charts......that's what is so funny. You just don't get it.

jonesieatl....what you just captured so well...

was the psychological aspect of trading/owning shares. That area is not talked about in stock market 101 books but it is one of the most important aspects of trading/owning stock.....as you obviously know.

fabulous post.

OT: Hangdog....GO TROJANS!!!!

8eights.....the real issue is right in your last post.

You and others here are making a pitched battle as "devout longs" against the evil forces from the outside and refuse to listen to anyone who might have a tangible thought that counters your "long and strong" mind set.

Frankly some of the most rational comments are coming from the "dark side" group as I will call them, but you guys just keep closing ranks while the sand falls out underneath your feet.

I am neither a "long" nor a "short". I am an opportunist. When you have that mind set you are free to go wherever you want without carrying the ball-and-chain that goes with being "long and strong".

You should try it sometime. It's very liberating. More importantly it makes you $$$$$$$$

C1

Doc.....regarding Tobin Smith, etc......

Since you replied to me I will offer a bit more in a reply to you.

1) I would never recommend "backing up the truck" for anything in the stock market. Two things happen: a) you are now gambling and not investing b) you are so bought in that you can't get out even when people like me offer not so subtle hints to the contrary.

2) Stock afficionados are always looking for pray in the market. There is always someone left holding the bag and of course you don't want to be it. If you have the mind set that "stock experts" making bold and enticing predictions are only trying to make you rich.....well, than you are already signing up to hold the bag because you don't have the broad market experience and needed dose of cynicism to make the correct read. The good news is you can chalk it up to experience and not make the same mistake again.

3) The most important thing I observe with you Doc is that you are still looking for validation and comfort that you have done the right thing on NEOM. You don't appear to want to even consider acting on what I have said for a VERY long time because it goes against what you want to hear. That is the most important thing you need to change....if I may be so blunt. What you are doing is obviously not working....we all make those mistakes. But it is now time to listen to someone else or step aside and further educate yourself on what really happens in the market before you drop your chips on the table again. When I say averaging down is a classic and tragic mistake......I KNOW I am right. But I can't get you to even listen. Instead you look for, and of course find, support from someone on the board who sympathizes with you. At this point you don't need sympathy. You need a dose of reality.

I might be one of the few people who is telling you what you NEED to hear but I just can't get through. That is not being boastful....I have earned my stripes. I DO mean well.

All the best.

LOL! TS is not an idiot....

He is a money motivated publisher/entrepreneur who is selling "picks and shovels" to those looking for gold. He only needs to be right just enough to blow his horn and keep subscribers both on the hook and coming in. When things get rough he will, of course, largely downplay the issue. Not brain surgery. Of course I also posted this about 6-months ago, but hey, some here are "die HARD" longs so this info largely gets swept aside in favor of "optimistic" ata-boys.

Note: if you demand ethics in the stock market all the time you will be dissapointed. I personally don't agree with that....but I know it happens, I look for it and I am PREPARED to play in that arena.

Frankly, it is ENTIRELY the stock holders fault if he/she NEEDS the publisher to fully guide their stock purchase. You will often be following the pied-piper. Now, rather than getting angry.......learn from it. THAT'S HOW YOU IMPROVE RESULTS! Learn, learn, learn, learn. Quote: "If you don't know who the sucker is at a poker table....your it".

This does not speak for all here...so please don't be offended.

C1

Doc.....I feel for you....

Just a couple of things. Please listen. Every "long" board I have ever known, inherently has very, very (often overly) optimistic members. It's just the nature of the beast. As you can see, in the early stages it creates a groundswell of optimism that can often be over accentuated. It also creates a "I'm all in" heart and soul atmosphere that is difficult to step aside from.

While it IS difficult, in the end, each individual at some point needs to temporarily tune out the board noise and say, privately to themselves, "am I getting what I expected". If the answer is no, at any time, you need to then say something might be wrong with this road I am on and then be prepared to act on it.

It might be to late for you with NEOM but it's a priceless lesson for the future.

This message is specifically for you and not meant to aggitate the board.

Hope you are ok.

C1

Comment: What some here don't seem..

to understand is that I have no bias at all on NEOM. The only reason I have been posting "downer" technical information for some time is because that is the correct read.

I just posted a new Technical Update that shows signs of some very short term promise. It's not a prediction (predictions are rediculous). But it does have merit.

TECHNICAL UPDATE:

We now have a short term "Ascending Triange" which is a bullish upward preasure pattern. Price is pushing up against resistance at 15 cents (prior low) but each decline from that barrier is shallower and shallower creating the "Ascending Triangle. A strong break above 15 cents would also move price above a short-term downtrend resistance line, as well.

We will see.

C1

streetstylz, thank you for your....

thoughful response. I mean that.

I have said the following several times....but I will say it one more. The attitude that I project here could not be further from the person I am in my more heartfelt life. I own dogs that I would die for, love my family and have wonderful supportive friends...some that go back 35 years. BUT, when my money is on the table (or my head is in stocks) I keep all my sentiment away from the market. The two are a horible mix. As for the importance of money, it is not as high on my list as you might think, but, once again, I believe it to be foolish to mix money and sentiment simultainiously, so that is why I might seem a bit cold. Anyone who "knows" me would count my sense of humor as one of my greatest traits.

The problem with chat boards (and there are many) is that it's easy to presume that you "know" a person based just on 2-dimentional chat.

I guess one of the lessons that I would like to offer (note: I have been doing this for years and HAVE been there) is that wearing your heart AND "beloved stock" on your sleeve is a asking for big trouble. It paralyzes you from being able to do anything because you will NEVER consider that you might have made a poor choice if that time comes. Raise you hand if you have felt that horrible feeling. Mine is up. There are entire advanced stock market books written on the emotions of trading and how to harness them. It is a very, very, very important step in the development phase of learning the market.

As for "knowing what you own" I see at least three-quarters of the board having true concerns and doubts about what they own and what they thought they were told by TS and others. Finally, buying more and more and more when a stock is falling and falling and falling is so flawed that I actually feel for the folks that are doing it and being reinforced that it's ok.

It's common to think that anyone who is not on-board with a board is a basher, or has alterior motives.....but I assure you I have no time or interest in that. There are very, very few of me on boards who like to offer tools for change and stock performance improvement without a motive, but hey, It's really that simple. Yes, I am aware that it sounds boastful but I have a very good record. It has nothing to do with ego...but you have to be willing to listen and ACT if you expect improvement in the market.

All the best!

C1

Well, the "sub goup" just proved my point!

For "you" this board is much more about friendships and backing each other up and much less about being correct on the direction of Neom... and profiting from it. Hangdog, your response is so silly it's embarassing. But you do have followers. Round them up if it makes you feel better.

I do find it interesting, however, that clicky friendships and backing each other up seem to give you carte blanc to be wrong over and over.

For the record Mae West started this (from left field) and Hangdog pointlessly fanned the flames . For the board, I only posted a replay directly to a single board member and our Ms. West jumped from there, followed by her "group". It's posted plain as day.

If being right when money is at stake falls lower on your list than the characteristics listed above then this "sub-group" has assembled a ship of fools.

For the rest of you I SINCERELLY hope you find riches in NEOM.

C1

Mae West...you have 5 member marks.

Take the hint.

May West....I don't recall

addressing you in my reply.

Would you do me a huge favor and put me on ignore. Your view of me is not consistant with everyone on this board. This board is not about childish groups and subgroups, it's about providing relevant and accurate information on Neom and my record stands up in that regard.

C1

brikk....the trend is UP????

What exactly consitutes a trend change to you....2 days?

I must assume you have not steped back to look at the longer term daily and weekly charts, or that you a long like everyone else here and not being honest with yourself. The trend is still CLEARLY down. Now, that "may" change soon.....but 2 days with no break above resistance and no volume generator does not make for a trend change.

Come on guy....

C1

Re: "Chart"....

The pattern you posted in the chart (today and yesterday) is a Descending Triangle and they are usually bearish patterns that break to the downside. The rule is that the subsequent fall from the bearish break in a descending triangle can be measured as equal to the greatest width in the triangle itself.

Hello. I was on the NEOM board for quite some time and I am an accomplished chart technician.....but today I am just here to say hello.

Chartist1

phoenix...sorry but you are wrong eom.

TECHNICAL UPDATE:

Neom is currently falling out of a rising bearish wedge that was created over the past seven trading days. We are likely to revisit the recent lows if we close like this today......unless Google or Softy jumps in (wink).

Volume on the down days has exceeded volume on the up days for some time now and that is a sign of distribution. Yes, you are going to always have relief rally's and bounces but they will be met with lower lows and followed by lower highs as long as this pattern continues.

I would love to say something good about what I see....but it's not there at this time.

C1

beam and board:

Since this is getting out of hand....

The proposed purpose of a stock board should be to share information that leads to wealth accumulation and wealth protection of a particular stock. In short: Who has the information that is making or protecting money and why. If that is not your primary focus than you need more hobbies.

It SHOULD have nothing to do with who is more popular, what "sub-group" am I with etc.....

C1

Steelers Fan....MY mistake....

Cowboys Fan.

Steelers Fan.....it's a shame.....

That you want to put a lid on the one person who seems to have a handle on the direction of NEOM.

But, hey this is a LONG chatroom.

Will do.

beam11....regarding holding past .72

First, my average price was 12.5 cents and sold in the high 30's.

I never worry about getting out "at the top" or "buying the bottom". It's silly to think you can do that all the time. It's only in hindsight that you hear people say, "I should have pulled the plug at .72".

The reason I waited was the downtrend line looked similar to the prior decline and I considered that it could just be a healthy retracement to cool off the scorching hot technical readings. Once NEOM crossed over my "line-in-the-sand" support on the weekly chart, that I posted on this very same board, I knew something was wrong and I got out.

Beam, the very best traders/owners of stock almost never get in at the bottom and out at the top....but the one trait that they do have is that they see both opportunity and warnings signs VERY QUICKLY and more importantly they ACT on them.

C1

beam11.....thank you for....

your well thought out comments.

Regarding averaging down. It is an "old wives tale" that averaging down is a good stragegy. Franky, it is most often a killer and there is not a single pro-trader on the planet who does it. You might respond by saying, "well I'm not a pro trader"....but don't you want to emulate one? It is one of the worst habbits to get into, but so many novice investors have been told it works that it is commonly used by pedestrian traders.

Regarding Buffet: Yes he does buy beaten down value plays but I have never known him to buy a penny stock. I don't know that as fact, however.

Note: When some here suggest that "each person has their own trading style...give it a rest Chartist1" I would respond with different styles is fine.....but textbook biginner errors is NOT a style. If I was teaching what I preach here in a classroom (with far more examples) I promise the reaction would be far different.....but since I can only play along in a chatroom many think "who are you to tell us you have the answers".

Again, thank you for you well thought out response.

Enjoy your retirement!

8eights....I think you just lost it.

You don't know ANYTHING about me and you could not be further from the truth.

Hang in there.

C1

eights......I am VERY adventuress.....

In the stock market. I buy and short many big caps chip stocks regularly. In fact you would not believe how adventuress I am. BUT, I always have a plan and if that plan is not working VERY QUICKLY....I get out and re-evaluate.

More to the point, everyone here seems to be guessing on NEOM's prospects with half the board saying "what would you do?" to each other. The reason I was able to get a significant amount of NEOM at an average price of 12.5 cents Just at the beginning of the huge run-up was because I saw NEOM break above a long down-trendline (on-volume) and into the clear. I bought as fast as I could over a two day period and it paid off with a ride to .72 cents. When I see a concrete reason to act, I act fact. When I see a concrete reason to sell I don't wait.

The only thing that should matter in your assessment is who has the better gain right now....you, or me. I HAVE THE TOOLS TO SEE VERY QUICKLY IF NEOM IS GOING TO BREAK OUT AGAIN......AND BELIEVE ME I CAN GET IN AGAIN.....VERY QUICKLY.

Good luck.

C1

Hangdog - A "Serious Investor"....

Is only dedicated to the preservation and growth of his/her capital. You are virtually helpless on "personally" impacting "NeoMedia's future success". To think otherwise is foolish.

Your type of investor INSISTS on falling in love with a company, putting all your chips on the table and spinning everything positive to tell yourself you did the right thing. There are many levels above that, but I suppose you think you are right at the top leading this room to mounting financial losses.

Your myopic view of NEOM will not allow you to see the technical breakdowns and management delays/disappointments that I have been suggesting for quite some time now. You could have saved a bunch of money by at least CONSIDERING the alternative view, but instead I am the bad guy because I saw the warning signals and addressed them here with an even hand.

You might want to re-consider your comment about being a "serious investor”.

At least my “sermons” are very profitable.

The advance answer to your angry question "then why are you still here bozo?" is I still see a flickering light on this company but I have saved a HUGE sum of money by knowing when to move to the sidelines. And, there are some here (yes there really are) who find value in the realistic assessment of a company they are invested in.

C1

Doc...regarding a "sale"

....and I know you know this answer....

If you buy a shirt on sale, you enjoy wearing the shirt for a price and that is the final price.

If you buy a stock "on-sale" you run a high risk of continuing to pay a higher price, then when you buy even more the cost of ownership ACCELLERATES as the stock continues to fall. Finally, you don't know for sure if you are buying a sale or a soon to be discontinued item. Yes, yes, I know....."hope springs eternal", but we are talking about hard earned money here, right?

At this point I don't give a rats ass if this sounds like a sermon. ....what you are doing is a CLASSIC textbook mistake that is made so often by novice traders/owners that they have so much company to tell them they are doing the right thing.

The only way to ever improve results in ANYTHING is to take personal stock in the outcome and say "am I getting the result I expected...and if not, what am I doing wrong....and how can I fix it?". Everyone makes mistakes in the learning process....but the BIGGEST error is not seeing the mistakes so you can corrections. There are many people who have been in the stockmarket for 15 years and are still bigginers because they blame everything else but themselves.

Frankly you could pay good money for what I am telling you....but if you would rather have blind encouragement there will be no shortage of it here.

I wish you luck!

C1

TECHNICAL UPDATE:

First off, congratulations on a nice turn in price over the past two days.

I like today's chart candle for several reasons. we gapped up in the morning, came back to fill that gap and then ran out at the high of the day. We now have two strong white candles after Mnday's low-volume collapse.

Now this gets interesting -- The WEEKLY chart(remember now, it's only Wednesday)has a huge spike low bullish reversal candle that turned white after today's big run. Remember: Monday was big down; Tues. and today were big up. The result on the WEEKLY chart is a "hammer" reversal candle that is worth noting. Still early in the week and NO VOLUME TO SPEAK OF....but it is something.

C1

Wow! eom.

streetstylz and Dr. Myke....

Both of your comments puzzle me just a bit. Nothing against J.P. but I would wager that his unflappable optimism in the face of NEOM faltering at every turn (to this point) is helping to keep people's money on board as the losses mount.

Is that cause for congratulations? What is "right" about that?
I mean that sincerelly.

I gave warning signals time and time again that DID PROVE CORRECT and could have saved you guys big $$$$$$. Is this about wealth preservation and growth or who stays in front of the oncoming bus the longest.

Again, I hope NEOM goes to $5.00 and for gods sake I DON'T HAVE A HIDDEN AGENDA......but some of what I read is just amazing!!

How about replacing faith with some Stockmarket 101. Sorry for the rant.... but Damn!

C1