NeoMedia Technologies, Inc (NEOM)

[joedimaggio_6]

Well, this was certainly a devastatingly ugly day. Anyone who doubted TS's power over this stock has now seen his full fury. Basically, he brought this stock from .07 to .70, and he's brought it back to .07. I'm amazed that management allowed this to happen; what i mean is, management had this amazing cheerleader with legions of followers, who single handedly brought the volume necessary to drive the entire market cap of this company up tenfold, and they failed to capitalize on this rise; nor could they show TS enough in terms of impending revenue deals to make him stick through the launch of qode. This is a spectacular failure on their part. They've lost literally more than a hundred million dollars in market cap in almost no time, with the launch of their prime technology right around the corner. Their only job over the past three months should have been keeping the pps stable and keeping TS happy.

Anyway, I did purchase many many more shares today below .07, (another half a million, actually, bringing my total to 3.2 million) because i think that this was certainly an overreaction to no news at all. Simply followers of TS selling as he told them to. Some, i believe, will buy back in if they perceive a bottom, and others will see the potential here and do so as well. Yes, an insider purchase of shares, or a buyback would be wonderful, but i'm not holding my breath. Management has shown itself to be somewhat inept when it comes to the pps. They were surprised when TS brought it up from .07, and now they're probably equally surprised that he brought it back down.

Anyway, with some good pr's on qode's launch we should still be able to get back into the .20's. More than that, we'd need a miracle right now.

Best

Joe