Replies to post #78657 on NeoMedia Technologies, Inc (NEOM)

[state780]

well, i bought some at .40, so if it ran up to one dollar, I'd sell as quickly as I could get away with.

No offense, but I'll guess I ain't alone on that one.

[billybass1234]

Actually, I am watching cautiously as the stock teeters at .20, because a plunge below .20 could lead to a sharp decline into the mid-to-high teens. So far, in the past two weeks, we've seen a few trips sub-.20 that haven't resulted in such a drop, but we're still dangerously close to that level. And, to answer your question, yes, I might sell a few shares if it looks like the drop is for real (i.e. is on high volume) in order to (a) protect my principal and (b) to possibly pick up a few extra shares on the decline. And if, in the end, I wind up losing a few shares because the stock rebounded quickly and sharply, then I'm OK with that. It's no different than buying insurance -- if I pay a premium every month, and don't have to make a claim, I'm OK. I pay a little, but am protected.

[QCurt]

Personaly I think most of these people are daytrader's and own enough of it that a penny means a thousand or more dollars a move either way. If it moved up a dime and they could make ten thousand or more they do it, then when it drops again they buy even more and hope it does it again. I got mine along time ago and was just too stupid to sell it on the way down. Just figured they would survive the crash but they haven't got back up yet....so I wait and watch......and as soon as I can make a profit....I will....LOL

[beam11]

WHATTHEHECK - I have asked myself that question many times. How could anyone sit here all day watching stock. I would go insane sitting here all day, day in and day out.

My hat is off to all those individuals who also have enough time and energy to hop a plane and go to a stockholder's meeting. I do not attend stockholder meetings. I review the written reports, financial statements of all investments, and generally cast my vote and management my investments the "old fashon way" - That is - I move my money elsewhere if I do not approve of the progress of the investment and no longer have confidence in the investment.

If had the time, I don't think I would spend the time in front of a computer, nor on a plane to go to a stockholder's meeting. I do not want to feel compelled to do so.

I select investments which I have confidence in, and as a rule I do not invest in OTCB stock.

I write a little and post here some, not because I feel compelled to do so. I just check in sometimes when I read my email. For the past couple of months, I have had more time to converse with YJ and others, because I have not been able to run and to get about doing other activities.

I have a life, and this stock is not part of my life. This stock is "just one of those rare times, I threw the dice and gambled on a unique technology, fully aware of the risk.

[Andrew138]

wth,

It may be simply an "addiction".

Andrew138