Replies to post #119840 on Value Microcaps Motherboard

[SSKILLZ1]

NZYM.OB

NZYM.OB chart does look pretty good it is threatening to break out here significantly. The RSI is only 66, so not even overbrought. In My opinion the chart looks very good, now whether it actually breaks outs, and how the company is (As I don't follow the company closely) is another story. But the chart is rather nice looking right now. I Would want a close over $1.10 as I don't like stock closing lower then there opening price when they are on the move. As I said though many time before I never invest in a stock based on how much I like the chart without knowing the fundies, so My poisitive beleifs on the chart, might be thrown completely out of the window, if I researched the company and didn't like it. All above is just my opinion.

[gilead23]

Whats your take on NZYM earnings?

Numbers looked decent with EPS of .04 but backlog is way down sequentially from 4.6 to 1.9 million and they sound cautious

"Over the past two quarters, customers have increasingly appeared more cautious in placing orders and we believe that some order decisions are being deferred as a result of customers' economic and regulatory considerations as well as uncertainty related to healthcare reform. Given this environment, we continue to focus on expanding our project pipeline and further developing a culture of improving operational efficiencies and cost reductions"

I figure them as a candidate for a loss next Q but it could be a good buying opp at some point as this one seems to make a round trip every so often.