Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Everything that you stated is perfectly accurate. However, very soon now, likely within the next six months, your statements will be indicative of looking in the rear view mirror rather than looking out the windshield. SGLB is in, or very nearly in, a transition moment. The near term acheivment is that Sigma stands a very good chance of providing to the entire world of this industy a means for instituting real time quality inspection and control in a process that at the moment has none that is reliable or accurate. I can assure you that a very many, very big, comapanies will be rejoicing and sleeping better at night with the solution that Sigma is working on.
Granted, the industry must yet judge the effort. However, there has rarely ever been a company stock that moved up for any reason other than little or no shares were for sale at the moment. At some point in time the value of a stock is comprised of the discounted future revenue stream. What will you do then? Say that the stock is overvalued because the company has not actually banked that value?
Every stock that has ever moved from undervalued to properly, or over valued, moved because of shareholder conviction. Just three weeks or so ago, a lone analyst said some disparaging words about Kinder Morgan. The Wallstreet complex just about sent out a hanging party after the guy. Why? because they knew that loose shares and a single voice can bring it all down. And in fact, look at Kinder's chart; they had nearly three years of steady gains going. The chart gets rocky just recently. You can pinpoint the day, by the chart, that the single voice cried out. Now I know that that doesn't apply to little ole Sigma Labs. But the process is the same.
In any case, all of this is still just noise. If this turns and bases anywhere from the elevens or twelves, then the quality of the character of the life of this stock is fine. If it goes all the way to .04 it is because there was no conviction, no justice for Sigma Labs, and no real, hard, studied vision. It will be because of dumping of shares plain and simple. I maintain that for Sigma Labs to ever reflect its just value, even when revenue is in hand, it will take an entirely different kind of investor than has been showing recently.
All the best,
Silversmith
Picked up some more shares today. This is turning into quite the little storm though. I am surprised at how loosely these shares are being held by current holders. You would think that with the expected near term achievments of this company, the shareholders would have a little more back bone. One of life's success premises is to beware of making a bold prediction, and following it up with a timid action. I am in and holding for a product release and subsequent industry judgement, but I now see the type of character that the fringe shareholder has with this company.
All the best,
Silversmith
Thank goodness I have been here before-fairly calm about this move down. As a newbie, I bought shares three or four times over the last four trading days. It is always so risky and fragile when starting a new position. The odds are equal that you will take losses right off the bat, as has happend here for me. I am holding though. This is at this point just overly load noise. I am $15K down, but if we close at .14 or above and then slowly move up from there, we will be fine. The next local top should then be aroung .21-.22. As long as we continue with higher lows and higher highs, we will be smiling down the road.
All the best,
Silversmith
You have got that right. There was some strength shown in this thing keeping it from falling far. Today was weak though. Next week will be important for whether the climb continues here. If there are not plenty of buyers next week, the newbies are going to feel some pain; of whick I am one.
It will be interesting.
All the best,
Silversmith
flanker: Indeed I have looked at DDD's 5 year chart. The issue is really the difference between the outstanding and float share count between these two companies. Still, at a multiple of about 5 times difference, if SGLB develops the cash flow, a $5 plus share price would be sweet in about four or five years time. Caution is the word for now though. This thing should pull back some yet in the near future.
All the best,
Silversmith
For all of the long time longs still holding any shares at all in this, I wish you luck. I believe that you are going to need it. I have just finished clearing out all of the remaining shares that I had from the previous reverse split days. I am totally out of NEOM now. I decided that a thousand dollars or so were better than waiting around for it to become zero dollars. NeoMedia is at the bitter end of the rope. 2D codes have gone nowhere near big enough to launch any company, let alone to launch a mismanaged company like NeoMedia. This goes all the way back to Jensen and Fritz days. NeoMedia is not going to make it, and rightly so. It is over.
I thank the doctor for allowing me to become completely debt free during his buying spree. At least I got one really good run out of this stock.
All the best to anyone still in this.
Silversmith
Wilma
It is more shenanigans. The news is that they see this big round light coming at them from the back of the tunnel. They are hoping that it will turn out to be a light to show them how to keep the gravy flowing without risk of incarceration. What it really is, and what they know in their gut that it is, is the prelude to the smack of the train.
All the best,
Silversmith
All of the back and forth discussion here is clouded with erroneous hope. When you are investing among the muck and mud and stench that exists down here where NeoMedia resides, you have to keep one thing in mind. Nobody has your best interests in play. YA is playing for themselves and playing for keeps. Neomedia administration is playing for themselves and trying to survive. The common stock invester is miles and miles away from being a consideration of anyone involved in the direction of this company. That is just the way that it is right now, and that is the bottom line.
All the best,
Silversmith
I have seen a beautiful thing today. And it is hilarious. A plea from the CEO of Neomedia to the common shareholders to vote for a reverse split or the doors might have to close. Good Lord. Well duh. What did you think was eventually going to happen Laura? The common shareholders have been being skinned alive for years. If you didn't understand that something in the best interest of the common shares needed to be done for the last eight years, then you are exceedingly simple. Now that you need our votes, it is too late. You have, for too long, disregarded the common shareholders in all of the many ways that you could have extended respect and honor. The game is up. Close the doors. Even more than the the fact that we shareholders don't care, we even want you to close the company in failure. It is ignorant to point out that we may loose all of our investment if that happens. What we know from years and years of experiencing it, is that if a reverse split is approved, we will still loose all of our investment. Many have already lost all of their investment. That is all that you know how to do. Soooo, you have significantly helped to make the bed, now you get to sleep in it.
Enjoy.
Silversmith
The bells toll for the original longs. All of those shares being held from the early and middle years of the 2000's are now going to be completely gone. This reverse split was inevitable as long as things continued as they have been. It should be no surprise to anyone.
The interesting thing is that the size of the split is very large, and a further shot at getting a provision voted in to authorize up to 1T shares if the split doesn't get approved. It might be the case that this is not the normal NEOM shenanigans. This really looks to me as giving support to the idea that YA is ready to get out. They will get their money, that is for sure. Either way it goes, the split will get diluted or the current structure will get further diluted. However, all of this might indicate that NEOM is ready to stand on its own. They were going to have to do something like this, no matter what, if they wanted to prepare for going into the future as a tradable public company.
I can assure you that I would be very surprised if any big news about achievements by NEOM will be announced prior to the split. If this is all about getting set to allow YA to get out, and NEOM to stand on their own, then they will be saving the news for after they have a reasonable float and share price.
I am going to have to think about the possibility of buying after the split. They will have had three splits now. If the business model is about to generate income, the common shares might be okay after the split and YA exit. Everything up to now, for anyone holding long, is a complete loss though unless someone in the shadows has been wanting the technology and decides that now is the time to acquire the company. Even then, I don't see it yielding more than a few pennies per share for the common.
This has truely been an eye opening ride. What a trip. I can only thank my lucky stars that this didn't sink my battleship.
All the best to all the longs.
Silversmith
I see nothing has recently changed in NEOM land. My oh my. From a 100 for 1 reverse split we are back down to par and below. This is truely a horrible stock for any common shareholder. All of this relentless reduction of value in the outstanding common shares holdings is not due to invester dissatisfaction. It is a systematic bleeding dry of any value inherent in the company by those in control. At this point in time NeoMedia should have been firing on at least several cylinders. 2D codes and roll-outs of new customer/supplier advertisement programs, innovations of smart codes, and a completely visible forward momentum of the space and Neomedia should have been in place by now. They all are not happening. No good will come of this company and the key players involved with it. All associated with NeoMedia are losing; even YA is losing.
I noticed in the recent filing that beneficial owners listings did not list the doctor. I guess he read the tea leaves and bailed. I thank my lucky stars that I bailed when he ran up the price. Take it from someone who has been a long time long( since 2005), forget about NeoMedia. Your life will be better off for it. You can trade this stock and make some money. Only some though. It is not going to be a rain maker. If you are long, seriously consider cutting your losses and getting on with your life. This POS is not worth your valuable time. They have had their chance to make it happen. They did not.
All the best,
Silversmith
Nice string of info lenshawn.
Patience and very much caution is still the order of the day though, for all of you out there thinking that we are on our way. I agree that more pieces of the success puzzle have, and are, coming our way, but the end game is staring us right in the face for 2013. For the final lurch into successful financial freedom for NeoMedia, YA will have to be dealt with, as we all know. This will be fraught with danger for the common shareholders. So many things can be made to happen in the closure of the final YA chapter that can rob the common shareholder of any returns and any prospects for returns. At this point in the game, this is completely a roll of the dice and purely a speculative gamble.
Even if NeoMedia becomes successful as a company, the common shareholder can still be skinned alive in many ways.
All the best,
Silversmith
Some kind of ugly for anyone holding shares. I guess a whole new round of investors have now joined the ranks of the gutted and plundered old timer longs of NeoMedia. I have been there done that. That is why I have been on the sidelines for this go. The question now is, is it time for an entry point to set up a trade?
All the best, and welcome to the club.
Silversmith
Pop,
Lets not forget that the U.S. 'fiscal cliff' tax consequences are just as applicable to YA as anyone else. There will be much selling of shares with paper gains, in most equities, as this whole event comes down to the wire.
Still on the side lines waiting.
All the best,
Silversmith
Trader,
There is nothing spectacular about it. It has been happening for over six years now. There is no amount of news concerning day to day business wins for NEOM that will reward holders of the common shares. The behavior of the common is showing that it is currently worthless while under the existing financial structure of the company and its primary financier.
The only two ways that a common shareholder can see a reasonable return for the risk of investing in NEOM common is for the company to become cash flow positive, YA to be paid in full, AND a reverse split take place, or NEOM gets bought out.
YJ, I don't think that bankruptcy is neccessary for NeoMedia to continue on. I think that the company can live on and YA will get its money eventually. If YA needs to pull in all of its markers for itself to survive though, then all bets are off for NeoMedia.
I will be staying away from any new purchases until the financial structure is clearly changing for the better.
All the best,
Silversmith
For everyone thinking that NEOM is about to roll, do you see those big red bars on the 1 minute L2 trade chart? A few of us have been telling you, every gain in share price will be banked by the gate keepers. It does not matter what NeoMedia deals get closed. It will be this way until the company's entire financing and common share structure gets changed, and those changes will wipe out any common shareholder staying long.
I wish it were different but it isn't. Just think about it. What would a normally financed company have seen their share price do after the recent PRs of NeoMedia? They would have popped nicely. They would start a nice long term climb in value. This is not happening for NEOM. As a result, you have to conclude that this is a broken stock because of the financing noose around the common share. The company may be getting better and better, but the common stock is still worthless.
All the best.
Silversmith
It doesn't matter Pop.
YA will bank any upward move in share price. They have done so from the very first that they entered the picture. That is all that they know how to do. They have never done differently. Don't forget your own words. Sell on the gains to keep from holding the bag.
All the best,
Silversmith
Here we are, the second day after news that NeoMedia has closed a deal to license IP with the mighty Microsoft, and the share price is approaching where it was before the announcement.
This is a broken stock. That is all there is to it. It won't matter who gets deals next- Google, Facebook etc.- it won't matter. If it goes backward with Microsoft then it isn't going to go at all. It is broken.
Silversmith
Be Confident,
I think that you are right on the money. By the time YA is done converting, a R/S will have to be undertaken. I have always believed it even since the last R/S. The question is-- when. Will they let it run a time or two to enhance the conversion returns for themselves or not.
All the best,
Silversmith
For anyone thinking that today was simply amazing; welcome to NeoMedia land. It has never been anything any different once YA came onto the scene. The NeoMedia trading post is like a little ant hill. The liquidity and willingness to dump an enormous amount of shares is like a huge dump truck backing up and pouring its load down on the ant hill. Today was good. All the flippers will go somewhere else. Maybe we can get a long slow rise to happen from here.
Silversmith
Yellowjacket,
What are you thinking here? Game changer? I don't know. This is good news, but can YA be neutralized. One thing for sure, flippers will be flipping creating fits and starts. Will the heavies come in buying? If some power-house institutions start buying YA might be able to be neutralized for a while. YA will take some of their money though. Maybe alot. I was in strong before this announcement, but I don't know how to play it from here. In some more, or out all the way. I don't know. What do you think?
JP- if you are around, what are you thinking?
All the best,
Silversmith
That would work for me. I wouldn't buy an island, but I wouldn't answer the phone anymore either.
Silversmith
Neomania,
I don't know about thirty cents per share in anything approaching near term. It would take several of the global whales signing on with campaigns, or a huge buyout to get to .30 near term. Anything can happen, but even a normal start-up growth trajectory would take a looooong time to clear YA out of the picture and generate a share price of .30/share.
None the less, I have been accumulating once again in the .0085-.0086 range. This stock's story has been one of heart break for so long that I find myself constantly having to ask myself if anything significant has happened to change the story. The answer is nearly no. The only reason I have been buying back in is because they are getting some campaigns coming in, and I believe that a buy out would work for some of the whales. I think that there is a better probability of a buyout because of something that NeoMedia's IP can do that is not even currently in the public eye, as opposed to something to do with 2D codes for advertisments.
I don't think that NEOM has a future on its own.
All the best,
Silversmith
Pop,
I think that at some point in time YA will stop converting. If NeoMedia truely does become profitable, to the point where it is clear that revenue is stable and growing, then it would make sense that YA would feel compfortable with their investment and choose to let it grow some before cashing out. I think that the dilution history of YA is a rational move, albeit at the expense of the common shareholders, to contain the degree of red ink on their investment. I certainly could be wrong about it, but it is what I would do if I had a growing company that I owned tons of convertable instruments on. On the other hand, I am with Yellowjacket. I think another reverse split will come and smash common shareholders once it looks like either NeoMedia will not make it anytime soon, or it will make it sucessfully and they want to set up the stock for the future.
All the best,
Silversmith
Good grief. A blistering open and buying frenzy at NEOM today. NOT.
Vero,
The next fear flag will have to be the 100 for 1 reverse split.
This is very good news for NeoMedia though.
This is an outright vote of confidence for NeoMedia by YA.
How much to read into it is debatable though. Does YA continue to also fund the company as needed? Does YA see that NeoMedia is about to turn the corner to business model success? YA agreeing to reduce the interest rate for existing loans is the same as saying that they agree to forgo future income in a binding legal contract because the see future income potential in other ways. What are the other ways? Outright business success and growth?
I got lucky (maybe). I started taking a new position last Thursday and Friday at the lows. I will probably be buying more.
All the best,
Silversmith
$ 500.00 dollar profit diarch. Seems crazy to bet thousands just to net five hundred bucks though.
Silversmith
I flipped out of all shares at .0124 this morning. I have never seen a company that so continuously comes up with nothing in their quarterly and yearly reporting. It is like they have a corporate mantra to disappoint anyone interested in them. I know that revenue increased. I know that liquidity on paper got better. But to say nothing at all about the prospects of the company in a manner that gives share holders a reason to own the company is mind moggling to me. The 10Q is the report that is supposed to be used to discuss the lofty ideals and goals of the company. They put out nothing. It is by design, and either due to fear or outright nothing happening to report. The notion that secrecy is needed is not cutting it. You own the patents. you are supposed to be the gorilla in the room. It is the others who are supposed to be acting in secrecy due to fear. I believe that NeoMedia themselves don't have a clue what the future holds for them.
Sitting on the sidelines again for a while.
All the best,
Silversmith
JP,
I'm in for a boat load more today. So move your butt over. I'm in the boat again. I will flip them though if I have to. There is still way too much uncertainty with the viability of NeoMedia as a company.
All the best,
Silversmith
Woven,
It isn't a report from Changewave. It is a preloaded 'stock watch' list in one of the drop downs for selecting which watch list you want to monitor in Power Pro. There are three or four Changewave portfolio watch lists preloaded. The Wireless group watch list has ALVR, SONS, SIRI, NEOM that I remember off the top of my head.
Silversmith
Well I started taking a new position in NEOM today. We will see what happens. Something I recently noticed though. Did anyone know that our long time favorite, Mr Tobin's, Changewave Wireless portfolio includes NeoMedia? I loaded the new version of ETrade's Power Pro program the other day. One of the preloaded drop down lists is a series of Changewave portfolios. The Wireless group has NEOM in it. I have no idea how long it has been in the Wireless group. Anyone?
All the best,
Silversmith
If a penny stock trade looks like it is going against you, that means it is. I got out this morning when the opening bump started to fall over on the way down. Took a $357 dollar loss. I had started to put another position into place on the off chance that the 10K would report something stunning. The 10K was much better than any from the past, but not enough to make a difference. The patent report didn't cause a run yesterday or this morning. The selling is rampant. It looks like NEOM of 2006 thru 2011.
I will keep a watch, but it feels good to be out right now. The share price was fairly steady at a market cap of 9 to 10 million. Now, with the O/S at 985.2 M, the same market cap puts the share price back at a penny. That is where I believe it will end up again.
All the best,
Silversmith
Maybe, maybe not. Historically, NeoMedia patent award news causes buying one to three days after the news it reported. But in general, NEOM pps is still in a place where it will move up under only a few situations. Iv'e said it before, the longs are currently not in charge of the pps. There is too much willing selling going on. There are not enough longs with enough money, and concrete belief in the company, to spend more all the time. It takes institutional buying, way deep pockets buying, or very wide spread retail buying to move this stock up against the selling flow such that the sellers just get out of the way for the one to three days that we see this stock typically run. We currently don't have any institutional buying of any real significance. About the only thing that is going to happen with the pps right now is slow downward decline followed by buying spikes.
An investment at this time has to be based in the belief that NeoMedia will become a successful company and ink some game changing deals in the next 12 months(including the possibility of being acquired by another company), while handling the upcoming July default issue with YA. It will take a few game changing deals to get the masses or institutionals knowledgeable about the potential of the company such that they part with money to buy shares. Make your decisions and place your bets.
Silversmith
I have tried to buy three times this morning through ETrade. The orders won't fill. I have even been above the ask for 10 minutes and it still would not fill. This is the first time that I have had any issues with Etrade filling orders. It looks like the DTC has caught up to me.
Silversmith
The day is early yet, so who knows what will happen? However, down only 3 or 4 percent the day after a NEOM 10K report. That is not too bad compared to the history here. There has never been an up day after a quarterly or annual report for NEOM to my knowledge. This looks like the first major report from NEOM that shows the ship turning away from the shoals and jagged rocks. There is still a long way to go though.
Things can probably move quickly from here on out. Powerful people and forces seem to have plans for this technology. It looks like there won't be any nice, long, moderate sloped climb upward yet in the pps. It looks like we are still going to be in the spike behavior mode for the share price to get any gains out of this.
What will be nice going forward is to have each new quarterly report continue to show revenue gains and advancement of efforts. That will do the trick for us. This is still a game of patience and risk. I will be buying somewhere down here though.
Silversmith
Today is likely the day that the 10K is released, it is Friday, and JP uncovers that HP is using NeoMedia codes. We don't have the normal rally cry of everyone saying 'I'm in. just bought a billion shares. Gooooooo NEOM. Weeeeee, and all the rest of the crowing'. So it is probably shorts covering because it is Friday, because the 10K is probably coming out, and because we might just show a nice revenue gain with significantly reduced debt.
Now it looks like those that wanted to cover have covered. Tailing down again we will go. The shorts are moving the stock both ways. No longs are in charge. Place your final bets before the news.
Silversmith
Great find JP.
Your news is likely the cause of the strong early minutes move up. One thing that I am starting to notice, and like what I see, is that NEOM is starting to trade on every little piece of news. Good or bad it is starting to respond to the news. This is a good sign in my opinion. It is the precursor to becoming a main stream traded stock.
All the best,
Silversmith
There is no real magic going on here right now. This is stagnant trading while waiting for information by the would-be longs or swing traders. Meanwhile, the shorters are at play and getting the job done. This is the age old struggle between shorts and longs and the shorts are winning. MERQ is shorting and not afraid to hit the bid. Those that are buying are both too shallow in the pocket and too scared to hit the ask. Everyone else is just plain waiting. So for now the shorts take it down daily because there is not any force to take it up. The shorts have a mission and are executing it. Those of us that watch this thing all day, every day, have no mission. We want someone else to take it up. We are not willing to go to war and we lack the resources to do battle.
Whether there is YA dilution going on at this moment also, who knows? Maybe, maybe not.
The simple fact is that if the sell side will hit the bid and have the same or higher volume as the buy side, then the price will go down. If the buy side will hit the ask with the same or higher volume then it will go up.
Silversmith
NeoMedia just may mess around and happen to get it right-get things clicking along. From the stagnant, parched landscape that this company and common stock has been over the last 7 years, there are many things that have gotten to the point where they have to come to a head. One way or another, the business has to either be acquired and bailed out, fail, or make it on its own this year.
It sure feels like there are forces behind the scene that are changing the landscape for the outcome. I do not think that we have a prolonged period of waiting anymore. I think that it is now, and through this summer, that we will see the outcome. By the end of this year the story of the NeoMedia, horrible penny stock investment for longs, will be done.
I have been wrong more times than I have been right about investing in this company. But as I sit here now, my gut feeling is that this is about to become a main stream stock investment for small cap company investors. We will see.
Silversmith
Hey JP, Yellowjacket, Hangdog, Claw etc etc,
Do all of these posts from the new members look familiar to you? When I read them talking about doubling down, expecting a turn upward, and holding to the end, it looks like I am reading the board from the years 2005-2006. It is amazing to me. Someone is wrong. Hopefully it is me.
Silversmith