InvestorsHub Logo
Followers 62
Posts 1312
Boards Moderated 0
Alias Born 03/20/2008

Re: None

Tuesday, 08/28/2012 11:05:01 AM

Tuesday, August 28, 2012 11:05:01 AM

Post# of 326383
For everyone thinking that NEOM is about to roll, do you see those big red bars on the 1 minute L2 trade chart? A few of us have been telling you, every gain in share price will be banked by the gate keepers. It does not matter what NeoMedia deals get closed. It will be this way until the company's entire financing and common share structure gets changed, and those changes will wipe out any common shareholder staying long.

I wish it were different but it isn't. Just think about it. What would a normally financed company have seen their share price do after the recent PRs of NeoMedia? They would have popped nicely. They would start a nice long term climb in value. This is not happening for NEOM. As a result, you have to conclude that this is a broken stock because of the financing noose around the common share. The company may be getting better and better, but the common stock is still worthless.

All the best.
Silversmith