New Media Lottery Services, Inc.(fka NWMD)

[AAAtrades]

well i don't know about a dollar

there is a large congestion range at about .10 cents

but in June of 2009 this stock did an opening gap of .14 cents before it even started rallying..

so NWMD definitely falls in the wild west category of penny stocks

the way the chart looks now actually looks similar to the way it did right before that opening gap in June of 2009, heck I wouldn't be surprised to see a bid of .10 cents tomorrow and an ask of .15 just to get the trading day started

i know it sounds crazy, but that type of opening gap only occurs when there are no shares left for new buyers.. and looking at level II one can sort of see that.

if we get bombshell news about wireless lotto or revenues or something then who knows how high we go...

these spotty volume types of charts can make some of the biggest moves... so definitely seems to be a good hold here