NMKT meeting next week should get it over .40--but I think .38--the 50 DMA is really the key.
NMKT actually has fundamentals. Their last PR had some great numbers in it.
NewMarket Technology Inc. Previews Dec. 15th Shareholder Town Hall Meeting On Aligning Market Value Growth with Sales and Profit Growth
Qtr to Qtr Revenue, Income and Shareholder Equity Has Grown Steadily at Double Digit Rates for Two Years As Market Cap Lags With Only 2% Increase
DALLAS--(BUSINESS WIRE)--Dec. 8, 2005--NewMarket Technology Inc. (OTCBB:NMKT - News) today released a preview of next week's 4th Annual Shareholder and Investor Town Hall Meeting. The main topic of the meeting will be aligning public market capitalization growth with sales, profit and shareholder equity growth by noting the following:
After two years of dramatic growth, the Company's public market capitalization value has increased by only 2%
Revenues have increased quarter-to-quarter on average by 40% over the last eight quarters
Shareholder equity has increased quarter-to-quarter on average by 29%
Average quarterly profit growth has exceeded 500% with notable significant increases in specific quarters that substantially increase the overall average
NewMarket ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America
In spite of market leading results, the public market capitalization value (the number of issued and outstanding shares multiplied by the share price) has remained relatively unchanged
AI
