NewMarket Technology (fka NWMT)

[4starman]

You sound khowledgable. I bought into NWMT after reading their financials. It sounded like a strong company with an extremely undervalued stock. I bought when they announced PER's forcast of a .27 per share on July 15. I bought more when the stock ran up on 8/26 and bought more on 9/1 when 213 mil shares sold. Two things got me concerned. First the way the stock ran up and then shot back down the SAME day for a loss. Then I saw tremendous buying and the stock did not rise. Now I started doing more checking and am rerading blogs here anf on Yahoo Finance that this company is a scham. What knowledge do you have? The scam theory seems to be around since 2009. Yet the company files its SEC quarterly and has a "qb" rating on the OTC market. Today I saw NUBL disappear. Somehow NUBL and NWMT are connected. I am afraid this stock is going to zero or at least .0005 or worst yet a worthless split. It has only risen 6 times all year after a drop. The last two times were when I bought in in July and the spike on 8/26!