NeoGenomics Inc (NEO)

[cashprofitsss]

NGNM did around 400k today in volume...news is obviously about to hit!

rogerreuss, smart entry and exit on BCON -congrats! You knew that any stock that goes straight up like that -you'd better grab your profits before the sell off. I feel more comfortable this time about NGNM since its rise is happening over a longer period in stages/bases. One still has to watch out for warning/sell signs like a high volume plummet through the 50 day. At some point people will want to take their profit in this stock but I'm guessing it will be a gradual fall not abrupt. Few people know about NGNM yet and we are still in early in this rise yet. Most likely scenario for this company is they will be bought out by Quest Diagnostics (DGX) or Laboratory Corp (LH) at a 50% premium in a couple of years. But then again Gasparini & Jones might not want to sell their baby...

That's good insight on the upcoming $1.75 & $2.00 hurdles. Yes, it usually takes a couple of pull-backs before overtaking future resistance levels.

The rise this year was in part the result of Neogenomics hiring Hawk Associates to promote the stock and provide analyst coverage. NGNM is paying them almost 7K a month for these and investor relation services. I must say though that their analyst, Cale Smith, writes an excellent report and he is even critical at times. Keep in mind though at the moment we have a company that will only net about 500k this year and is 1.5M in debt. But based on Gasparini and his teams past performance and the high-margin market they are in and the 25 to 45% annual growth predicted...we should see a continued escalation of the stock price...just got to be careful that it doesn't get too far out of line but so far we have had high volume to support the rise.