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nofortunateson2

01/01/09 8:38 PM

#151480 RE: redbeared #151479

Personally, I would average down if you can afford it, but don't use the rent money to do it. No guarantee it will go up but it is at historic lows. I think it will go back to .01 someday but have no way of knowing. If nothing else I think it may go up from here, so even if it only went to half a penny it would still help cut your loss. Free internet opinion, take it for what it's worth.

jonesieatl

01/01/09 10:27 PM

#151481 RE: redbeared #151479

If my math is close ...

... it sounds like you have somewhere less than 25,000 shares now , for something less than $6500 invested. Buying another 714,000 or so shares at .0014 would increase that to $7500 (or less) with a cost average of .01 (or less).

If you think NEOM might get to .01 somehow, even if it's just an overexcited run based on news the real ramifications of which aren't fully understood at the time .... it might be worth the extra grand for a chance to salvage your $6500 (or less).

I think I'd have to plop in close to another $10,000 to get my cost average down a tad below .01. Hmmm ... nah , don't think I'm gonna do it lol.

Good luck whatever you do!

I wonder what the odds are of us getting a favorable USPTO ruling , and then after that what are the odds that enough people/companies/whatever will believe it will be hard enough to get around those patents to warrant trading NEOM up to a 7-bagger from here?

jonesie

lesnshawn

01/02/09 10:54 AM

#151486 RE: redbeared #151479

redbeard: IMO, IF they decisively come out on top w/ the USPTO ruling and can start to reap many licensing deals for the "indirect" method of barcode resolution then it's a matter of what the public/industry thinks the patents are worth and what they show to bring in.

But, don't forget, their worth won't be realized overnight so it's not like it's going to shoot to a quarter in a week.

But, the number $400MM has been tossed around before as a relative value that the patents could be worth. Given the shares out now that's over .30/share IF no more dilution occurs between now and then...if "then" ever happens.

I'm toying w/ the idea myself of flipping in maybe $1500 at these low prices and just write it off. IF something good happens w/ it then great, I can make a profit. If something REALLY good happens ($400MM valuation realized) then awesome, I can buy a house, mortgage free. If nothing happens then well, I've already written off the $1500 so no huge loss (not compared to the many multiples of that which this crooked market has already siphoned off me since 2000 :-/ ).

It's a gamble...always has been, always will be. Nothing more, nothing less. Here and on the big boards.

Good luck!

lns