NeoGenomics Inc (NEO)

[cashprofitsss]

Pullbacks on declining volume is what I like to see...just like the last two days.

At the JPM conference, management said they would be raising additional funds in 1H07...$2 to 3M...which could go for paying off the $1.5M debt. That will bring more dilution to the share count and a sell off on the announcement but that will be a good time to add shares as I expect the share price to quickly recover. This rocket ride will then be debt free and even more attractive to investors. I would think the JPM investors wouldn't want to wait till next year to buy in so maybe we will see that financing happening sooner than planned and for a larger amount.

I was looking at the long term chart for PTRY -a convenience store chain. It went from $1 to $70 in 4 years. I wonder if this stock could do the same? Especially now that they announced they will be doing research and development and will be looking to introduce intellectual property into their business model.