NeoGenomics Inc (NEO)

[cashprofitsss]

That filing for 1.8M shares is for existing shares that stockholders want to sell -not new shares, so no dilution, but NGNM doesn't receive any of that money. Anytime insiders are selling it's not a good thing and it temporarily pulls the price down but once the shares have been sold, stock should continue its climb. I expect Neogenomics to eventually release a PR stating how much they were able to sell those shares for. In the first filing insiders wanted to sell almost 5M of their shares but you see now it's going to be 1.8M shares...some people realized it is too soon to be selling any shares. I'm sure they have lots of buyers lined up for those shares and will get a good price for them.

The company will need to raise more money if they are going to do more aquisitions. At that time new shares will have to be issued and hence dillution but the stock pull back should only be temporary and then resume its climb since Neogenomics' revenue and profit will immediately increase because of that aquisition.

I don't see any splits in the future. The goal is to increase the share price and get it out of the penny stock range (trading below $5.00). One of the requirements for trading on the Naz is a share price that stays above One dollar. Many stock funds stay clear of stocks with share prices below $10. So the goal is to increase the share price on its own merits, not reduce it.

This company has great management behind it.