NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

cloud3, streetstylz ....

cloud, you're probably right. But if we held in that uptrend it would perhaps mean that more people thought the recent news was worth bidding the stock up a little bit.

streets, there is no way to know. The best guess might be based on history which would say that NEOM hasn't recently seen an uptrend that it didn't love to break to the downside.

Personally , being the YAGI-phile that I am , I think it's worth noting the biggest volume was associated with the announcement on 8/4 of a financing which closed on 7/29 , with that financing announcement coming close on the heels of the NeoReader/iPhone AppStore announcement. What nice setup timing.

That kind of volume and upswing is in keeping with scores of documented surges in the prices of otcbb stocks immediately-to-shortly after financings by YAGI.

Anyway , back to the setup timing ... juice the stock a bit with the AppStore info , roll out the multi-staged financing , and nearly instantaneously create a whole lot of 30-40%-down (temporarily?) new bagholders ... with the help of the MM's.

Who did all the selling? For every share bought in "the upside volume" , one was sold.

Coincidence? Far be it from me to state conclusively lol.

jonesieGladToBe0.0065InsteadOf0.0025