NewMarket Technology (fka NWMT)

[johnyohanus]

Don't look for news to come out this week.
Why?
Below are some reasons...

1. RNC (Republican National Convention) going on in New York this week.

2. This week is usually the last week of summer for all Market Managers, Fund Managers, and Stock Analysis. So, no more weekend trips to the Hamptons.

3. The NYSC Exchange floor is empty (...or almost empty) because of reason 1 and reason 2, causing very little volume.

4. With the exception of Friday’s data (Payroll Report), there is/was very little data this week.

5. September is here. Historically, September is a bad month for the stock market. The next worst month is October.

http://cbs.marketwatch.com/news/story.asp?dist=mktw¶m=archive&siteid=mktw&guid=%7B21...

http://biz.yahoo.com/fool/040901/1094060700_1.html

My personal believes are, NMKT will no longer post news 2-3 times a week anymore. NMKT will only post once every 7-15 days, causing investors to 'eat the news up' and making the stock go up.

Look for NMKT to gradually go up. You may experience some $0.15 cents volatility, but look for a gradual 1-3 maybe 4-6 cents move every week. I hope to see this stock go up from $0.50 to $0.75 cents within the next 1-2 months. Last, if the stock goes to $0.80 - $0.90 cents; look for a sharp move up, past the $1.00 mark. Once that happens, it's my opinion that NMKT will work on getting out of the 'OB' Exchange and move to more established Exchanges like NYSE, AMEX, or NASDAQ.

Go NMKT...GO!