3SOF

NMKT wants to go up today!!

Breakout
http://www.advfn.com/p.php?pid=staticchart&s=NB^NMKT&p=0&t=17&dm=0&vol=0&cb=1144072861



Last time this Breakout moved to 60 cent

From the news above, Screaming long term play.
Nice breakout. Above key averages.
This stock is about to put a very nice 2006 on the books, 2007 projections of 120 million are low, and the stock will rally to over $1.00 in 2007, JMHO.
Profitable and growing fast with dividends in the works?

Support @ 0.37...0.35...0.34
Resistance 0.45...0.53...0.60

52wk Range: 0.26 - 0.70
Volume: 5,675,260
Avg Vol (3m): 1,472,090

DMOI is the next to pop out !!!

Keep an eye out for news of upcoming stock dividends from NMKT, related to acquisitions of SAI and Claire Coast Corp.  They hope to release details in January, which could be part of the driver for this share price appreciation:

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_N/threadview?m=te&bn=34346&tof=17&rt=2&frt=2&dir=b&ri=171&n=5R4x4y9BfJNOIJ2zb7l._g--

China update

Is this news, do you think, already been taken into account with the pricing of this? Or because of this news, would this be a good time to enter? I have done some DD but will do more depending. Thanks!

I second settravis & fous comments regarding NMKT.
my personal target is .50 to .60$

Looks like this is heading toward the resistance at .45   Hope it can break through.  Any idea when the details of the accquisitions will be out.   
Also do you think this might be behind the movement going on right now?

there are news with redmoon today

http://biz.yahoo.com/iw/070503/0247915.html

Tried to buy some Friday @.25 but order didn't get filled so I'll try agin Monday. Chart looks ready for upturn to begin

NMKT is trading at a 52week low and looks incredibility undervalued at these levels.
After you do your own research,
you will want to add it to your watch list cause the numbers are almost unbelievable.

NMKT ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005.

The company has continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million in 2006 and most recently $93.1 million in revenue with a net income of $7.3 million in 2007.

Amazing numbers, for a company trading for just pennies.
Their revenues have been increasing every year, and I'm sure as the market starts to turn Wall Street will take notice and NMKT could explode.

NMKT is a technology company that helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations.

NMKT provides certified systems integration and maintenance services to support the prevailing industry standard solutions from companies such as Microsoft, Oracle, Infor, Cisco Systems, SAP, Siebel and Sun Microsystems.

Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.

Do you know how many outstanding shares they have? Do you suspect naked shorting trying to kill this company?

It does not make sense that it is trading so low unless there is something fundamentally wrong

Wow, NMKT what a blast from the past. I have traded this many times before initially back in 2004 when it was an $0.80c stock flying up to $1.30 or so. I really wanted to 'invest' in this one ages back as I was convinced it was undervalued, growing well, plans to list on one of the main exchanges and looked like a great long term play.

None of my thoughts eventuated and it is very difficult to get to the bottom of why and what the heck is going on, but there are a short list of issues behind the scenes that I think are contributing:

Naked shorting - Yes. NMKT was listed (without their knowledge) on the Frankfurt exchange a few years back, this was at a time when naked shorting was rampant and a stock listed on Frankfurt was ONLY done for the purposes of naked shorting and thus huge dilution of shares (totally out of the control of the company being 'attacked'). Any OTC stock that actually advertises on their website that they are Frankfurt listed then stay well away or at the very least very cautious.

Complex structure - NMKT have a very complex structure of acquired companies, separate listings, financing etc which investors find difficulty in analysing and understanding therefore confidence is hard to foster.

Too many management promises - The company seem to be executing on a bunch of strategies, but they do over-promise and under-deliver on a lot of releases. They also seem to release too much info which again leads to high expectations that don't materialise.

Issued and Outstanding - They have 100M shares authorised and 32M issued (according to latest 10Q), but finance sites shows 212M issued (naked shorting makes that number questionable as to how many are actually beng traded.

Finally a look at the chart shows a long term extended downtrend since 2004 which sort of shows that underlying the positive news and situation the company presents at first glance, there must be stuff behind the scenes that are causing that dramatic price decline.

It is a shame, but that is how I see it. It doesn't mean that the stock could well run up hard from here and proove a nice trading opportunity for someone who can time it right. However as an investment because of undervaluation then that is a different story.

Good luck to all watching this one. I will keep it on watch, thanks Setravis for bringing it back in play.

What's up with NMKT?....I thought this one was to be a high flyer with all the news they create every month! This has to be a steal at the current price!