Replies to post #12492 on NeoMedia Technologies, Inc (NEOM)

[jonesieatl]

Cloud8 re: "I just sold two other positions to free up some more neom $$."

I did the same thing today except when NEOM headed down towards low .40's I sold 5 other positions. Sold 2 yesterday (LGOV and GTEL) for more NEOM money and was glad I did ... all monies going into NEOM until I've averaged up to at least .30 I think.

Needed to do some housecleaning anyway, those 5 had rallied a bit, and lately I'm selling most everything into rallies ... except NEOM :)

I keep hearing Tobin upped his buy under, did he really? That guy is a putz, although if he hadn't kept sending me emails after I ended my subscription I never would have seen the NEOM "clues".

I wonder where we'll pull back to next week? Surely we will.

VERY nice week and GLTA!

jonesie

[mudrez]

Cloud, you actually should be able IMMEDIATELY to use whatever capital any sale yields. I've done it many times myself.

The sole proviso (it's not a "catch," just a requirement, at least at E*Trade, but, I imagine, elsewhere, too) is that you then NOT turn around and sell THOSE NEOM shares (or any other shares thus acquired) prior to the end of the "T+3" period established by law for freeing up sale proceeds.