NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Hmmm, good point risktaker ..

... but but but ... some used timing and realized huge profits in these swings, the big early one, and even these several swings from sub-.30 to .40, +30% a swing, yowza baby.

But even if not trading, I suppose then it's a matter of time FRAME as well. If NEOM keeps basing like this (if indeed it turns out in hindsight that is what it IS doing) and if NEOM is ultimately going to be successful, it's a great time for accumulation. I've tried to use timing (charts) to buy at the bottoms of these dips (haven't always succeeded, shame on me, got excited reading posts a few times and added some higher than I should have (or didn't sell some higher when I should have), SHAME on ME, MY finger pushed or didn't push the button). Even if I had done all the buying perfectly and never sold (forget the happiness of selling at .40 a few times!) I wouldn't be all that upset about things as long as I was happy having a portion of my port. in the dead-money file for a while.

Anyway, if the story is a good one then one day this little 6-months-so-far base right here will be this tiny little squiggly line way down there at the bottom of the chart, over at the left hand side.

Right now I'm plowing into NEOM profits from other stock trades (I for one don't have unlimited resources to put in all at once) so I'm REAL happy with the current price action.

JMHO

jonesie

p.s. re: "doesnt mean your happy with the price action over the past year." Why not? Why did you expect it to be higher than this right now? Did the company tell you it would be? Where did you read that it WOULD be higher than here right NOW? Who gave you any near-term or recent-past lofty expectations? I'm not trying to be a wise guy to you specifically, just being a wise guy in general maybe LOL.