Nexicon Inc. (fka NXCO)

[Waikiki_Kid]

Stock Trading 101

I've posted this before here & I'll try again. It's called "Sell the News." It happens with every stock. Those who catch early leaks of something newsworthy buy up a stock well in advance of the actual release & then sell on the announcement. Take note of all the times NXCO started moving up with volume without any news. Well there are always plenty of people in position to know what's going on before any public announcements.

When the earnings stream for this company becomes identifiable and quantifiable, the stock will become more fairly valued. Also when that happens, other companies will likely take an interest in the company in terms of major investment or outright takeover. That's the time you want to be holding a bunch of NXCO because you won't be able to get in like you can now.

Right now the stock is control of a bunch of daytraders. Obsessing over the day to day fluctuations is a waste of time and not good for your health! So either trade it like the big boys, or relax until something big happens & then reap the long term capital gains.