NeoMedia Technologies, Inc (NEOM)

[ANESRI]

Pennyheaven,

I have purchased this stock at different prices starting at 0.11-.72(today!) At various stages I have asked and still ask myself the same question as you have. In hindsight I am happy that I have purchased at.50, .52, .59, .63 as I have already made a profit. My biggest concern always is that I do not want to loose money as I have lost a bundle in the late nineties.
Going forward I too feel that this stock will be more that $7-$10.00 very soon. In that case it would be foolish not to buy more and average up. Although a lot of the recent stock movement may be due to daytrading/MMs I am sure that a lot of serious investors have been exposed to the stock and more will consider it when it is no longer a penny stock. The stock has to move higher with all the anticipated news. Everything what NEOM has promised during the investors meeting(JP) has turned out true. They will make enough money just from the paint business and check21 to break even and for it to be more than a dollar stock. A few months down the road .70 cents will look like a bargain just like .25-.30 cents looks right now. I know a lot of stories where people have made a fortune by investing in one company,staying long and averaging up. WE WILL NOT SEE THIS TRADING AT THIS LOW RANGE IN A FEW MONTHS THEN WHY THINK.