NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Well , I hope we'll get some continuation ....

.... certainly at .002-.002x some flippers 'accumulate' short term to flip on the next PR/rumor/buzz du jour/bounce. Perhaps we're seeing them sell today?

Not sure that kind of 'accumulation' counteracts the months of distribution/NON-accumulation we've experienced, specifically the three months you were inquiring about here 4 days ago , as opposed to the 'couple of weeks ago' you reference today:

7/28: "for the past three months or so."

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31034888

7/28: "but isn't it true that during the past three months we've traded in a pretty narrow range--.002 to .004---with hundreds of millions of shares traded. Wouldn't that indicate accumulation?"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31035165

Then on Monday 7/28 (not "Wednesday") "someone" said CMF(20) has been bearish over the last few months.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31035068

It's interesting to note the busted uptrend (uptrends often speak to accumulation lol, downtrends 'typically' don't , but there are always exceptions) along with the declining 'spike highs' we've seen over the last 5-6 weeks. It will be interesting to see whether NEOM can get through that .004x area ... or not.

Hope this helps and regards,

jonesie a/k/a someone