NeoMedia Technologies, Inc (NEOM)

[Cabernet]

FWIW

Great Long term stock
As you know my first love is stocks and shares. Sometimes I like to stick my neck out and tell you what I have been buying in the stock market. There is a great company called NeoMedia Technologies which allows you to use your mobile phone to surf the web. Only this time, you are surfing the real world. Symbol: NEOM on US market.

As you are walking along the road, you see a poster of a car and you fancy some more information. With their technology, you can click on the advertisement and a load of information is downloaded instantly. Out shopping and you want to compare prices? Just use the Click technology and you can do just that.

Obviously a lot of people are going to have to buy into the concept for it to work for you to be able to click on everything as you walk along the road, but that is always the risk. So here is my opinion and that is all it is, not a recommendation to buy. Or better still, let me tell you what I have done. I am building a base at below the 0.30 cents mark and am looking for this stock to go to around 0.40 (30% gain) before I start selling anything. I don't get too greedy. On the other hand I won't sell everything either just in case this stock really takes off.

Only use money you can afford to lose. And be patient. These things take time.

April 19, 2006 in Stock market | Permalink

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