3SOF

anyone have any takes on this penny?+10 million shares traded today...up 16.48%

Neomagic has a search engine that will work with G3 phones to scan barcodes and retrieve info for the consumer.  Recently bought several key patents and will probably take off later this year as the new phones ramp up in volume.
Here is something Tobin Smith pumps in his micro section.
The local search wave is just starting. You think Google is
profitable? You think Yahoo and Microsoft are doing all they can
do dethrone them?

You ain't seen nothin' yet!

With Neomagic's patents in GSM search and word search, they are the
key enabler of this killer application:

*** PaperClick Mobile Go-Window links consumers to the mobile
Web via brand names and tag lines (registered in the PaperClick
WordRegistry) and entered in a horizontal text-entry bar on the
screen of a wireless device.

*** PaperClick for camera phones provides mobile Internet
connection by the handset camera clicking on a barcode -- either
already-in-the-market, one-dimensional UPC, EAN and ISBN codes or
two-dimensional codes created and placed on packaging,
literature, ads or posters, you name it.

*** And next is the GSM chip -- which (in order for it to work in
a mobile device) requires a license from (you guessed it!) Neomagic.

It's OK to take a few monster profits from Neomagic, but do not -- I
repeat, do not -- miss the rest of the ride ahead.

In my opinion, we are in the very first inning of the Neomagic story
-- and those who hold their 100,000 or 200,000 shares are going
to see them appreciate to become a small fortune -- if not a
large one.

Thanks for the feedback.
I just ran across it on Monday and placed it on my penny watch list.
I will be watching with the plans to get in. 

NEOM have been following a long time, stock is being pumped by a widely read stock group and from what I have seen when they pump it (with news stories about the huge potential, it moves). I have played it a few times and bought again yesterday around the $0.50 area which looked to me to be a key support / resistance pivot area. Todays action has produced a nice railroad reversal candle pattern and the stock bounced of the lower bollinger band and touched the 9 ema nicely. I will be looking for follow through on Wednesday and hopefully move toward the previous highs, however it will have resistance to cope with around $0.59.
Daldrich mentions Neomagic, but NEOM is Neo Media Technologies, maybe just a typo from him?
NEOM is a buy for me.
Mike

Thanks Mike,
chart does look good.has been in a nice little uptrend from down
under the 0.10 area.I myself will be looking to move in today.
Good luck with your trade!
Ed

Might be setting up to have a look at the 52 week high again, great support from the 9ema at $0.56. I will look for it to go over $0.698 soon if not it may be confirming a downtrend (lower highs).

SHRN is the stock that makes the software which makes NEOM paperclick possible.  News on one stock should make the other also rise in price.

NEOM and SHRN:

NEOM finally got back to support at 30 cents yeaterday - the stock was below the lower Bollinger band and the 200-day EMA support was also there. The stock then rallied up 40% from that point on very heavy volume so suggests a buy if you can get a dip again.  Buying as close to support on sell offs with no news is often a low risk situation especially if the stock is oversold and below the lower Bollinger band.

Here is chart

http://tinyurl.com/899k6

Overlooked doing an update for this stock.
Break of the downtrend line.
Support @ 0.38....0.33....0.26
Resistance @ 0.43....0.45...0.47
Back above the 50-day and 200-day ema.


Technicals
Close Above the 50-day EMA
Most Actives
Percentage Gainer

Last Price Quote is:
14.54%above 13-day EMA
5.73%above 50-day EMA 

This is going to be moved,I know it is on the wrong board.
It was placed here before the Penny Stock Picking Board was created.

Looks good today!!!

 

Looks interesting, could be good long term holder.
Support @ 0.41....0.38.....0.35
Resistance @ 0.45....0.49...0.52
MACD is bullish

Technicals
Percentage Gainer

Last Price Quote is:
9.55%above 13-day EMA
11.65%above 50-day EMA

Getting a nice bounce. Nice volume.
+19.40%........Volume @ 4,526,012

hi,

i recommend to buy this stock at 0.38
target : 0.68
support : 0.29


good news :
NeoMedia Technologies, Inc. (OTCBB: NEOM), an innovator in wireless services and patented PaperClick technologies that provide automatic links to Internet-based information, said today that it has received an approval of a patent for an application vital to delivering information for mobile marketing and other applications from the Canadian Intellectual Property Office (CIPO) in Quebec. An example of how NeoMedia's patented technology can be used is in reading a two-dimensional bar code on an ad, promotional brochure, or any other physical object. Then, using software and an image scanner -- and with or without linking to the Internet -- the user could easily and accurately import the linked information into an applications, such as Quicken , Microsoft Money, etc., or just directly onto their cell phone, PDA or personal computer.

technicals :
MACD > 0 and MACD is an UPTREND
MA200 uses as support
Soon an ascending triangle breakout on RSI

cf.