I am a new poster here. I have recently bought NEOM and found this site as I was seraching for news on the stock.
I think one reason for the positivity in this particular penny stock is in what it is actually producing. Technology that will allow companies a direct link with a consumer. You read so much about how advertisers on TV etc are having a hard time reaching people due to the fragmentation of TV and cable channels. This puts the advertiser in direct contact with you. This is huge for ANY company that sells a product.
Secondly, there has been a lot of talk about this exact kind of technology by people all over the tech world. Microsoft and Bill gates to name a biggie. Whether or not they use NEOM's technology to do that isnt 100% but when you look at companies like microsoft, in my belief, they aren't always the innovators of NEW tech....they are just very good at buying it from other corporations....HUGE for NEOM owners.
Third, Google and Microsoft are in a large battle (along with some other players) for the next generation of Internet search engines. NEOM sits poised right in the middle with their patented technology. If this hits, you will either see a massive buyout by google or microsoft or huge licensing fees by all majory players to use this technology. Either way its big profits for NEOM (don't think 1$ / share for this type of outcome....that'll seem miniscule)
Fourth, Technology like this has been out for a while now, but it hasnt been until recently that cellphones and wireless PDA's with cameras have become ubiquitous in our society. Wherein at one time , in order to use this technology you would have had to first gotten over the hump of getting everyone to own a camera phone / pda, now its so common that the infrastructure is already there. No convincing someone to buy a cameraphone....most companies offer them free with new service.
Whew....kind of a long post for my first one but theres my opinion on the matter.
I agree that most penny stocks are pump and dump but you can see why (at least I do) people feel that this one is poised for better than average chances.
AI
