NeoMedia Technologies, Inc (NEOM)

[Cool_Trades]

***Understanding mm PUMA***

For those of you who have been following NEOM the last week or so, without a doubt you've known PUMA to be riding the ask. Understanding level 2 market makers are just as important any other technical concept in trading.

I've found an article explaining the so called short selling "Rat Pack" and I've attached a chart to which shows what happened to the pps after the publishing of that article May 10, 2010:



And here's the article:

http://thestockwizards.net/traders/small-cap-traders-investors-beware-of-the-rat-pack-market-makers/

As the article clearly states, it's a matter of Longs sticking to it. We already know there are big positive rumors running on NEOM as well a record amount of searches on Twitter, boardcentral, ihub, etc.

Technical Analysis would mean absolutely nothing if patterns were never established...well as you can see I'm digging way back to help you all out whom are panicking over PUMA. Btw, if you look at the last three green days, pattern slightly resembles three white soldiers don't it?? The drive without news was bound for a pullback, so get ready when the upticking starts hitting up again.

-Dev