NanoLogix Inc (NNLX)

[Napolion]

==>Results from the Arrowhead Winery, which already was a serious step out of the lab environment showed production of some 50% Hydrogen. At Welch, McClelland is confident to obtain a gas containing between 70 and 80% Hydrogen with no Methane, which is difficult to separate, while the CO2 is comparatively easy to scrub...

Don't forget that the Hydrogen production is only one facet of NNLX, as they have many others, admittedly none with so much potential. With some 48 million shares outstanding, this gives NNLX a market cap on ONLY some $15 million, which is trivial when their patents, that practically control the bacterial production of Hydrogen worldwide, are worth in the hundreds of million, in my view and so many crap companies have stock prices North of $1.00/share...

Remember also that the stock once traded much higher, @$1.10 in fact, on much less exciting prospects. I have spoken on several occasions to both McClelland and Felder and I feel confident they will pull it off with the help of several experts in the field, such as Dr. Sergey Gazenko...

As for the stock price, a move from .19 to double that at .385 is naturally followed by a temporary pull back, which btw, ended higher that the closest support at .315. I can't see it extending much below the next support at .28, while the following support line, a very strong one at that is, at .22. Now, the 38.2% Fibonacci retracement happens to be at .31, while 50% is located at .29 and 61.8% is at .27: that's why I see the bottom here at no lower than .27 to .28, unless there is a market melt-down and this may be a good opportunity to add...

I have ample experience picking core stocks that are runners, such as CHAR from $1.94 to $7.43, SUWN from .17 to $1.68, NNVC from .22 to $3.75 and I bought my first 50,000 NNLX shares at .059, before the news came out. I set an initial target, like $1.00 in the case of SUWN, based on chart work and stock fundamentals and sell enough of my position (20% in SUWN case) when target is reached that the balance of the stock is free of cost and can run wherever it may go.

In the case of NNLX, the obvious initial target is .90 with $3.00 likely to be reached after NNLX announce a partnership with the likes of BP or PowerGen...