3SOF

The MA seems to be holding well.  Selling pressure has faded.

I am buying as a play into the earnings report.   

NMKT just bounced off of the 200 MA, closing up 10%. No news.

It doesn't show on the chart down below, but 76.4 retracement was at 0.389, today's open was 0.385, not bad! MACD is still showing a down trend. 0.45 is a strong resistance at that point and I'd like to see a close at or above 0.45 tomorrow.

NewMarket Technology Inc. to Report Record Quarter in Latin America; CEO Updates Shareholders on Current Company Initiatives to Include Reduction of Fully Diluted Issued and Outstanding and Management Stock Purchase
Business Wire - April 21, 2006 07:56

DALLAS, Apr 21, 2006 (BUSINESS WIRE) -- NewMarket Technology Inc. (OTCBB:NMKT) released a statement to investors today from CEO Philip Verges providing an update regarding recently announced strategic initiatives.

Mr. Verges said, "NewMarket continues to execute through a transition from a start-up concern to slowly being recognized by Wall Street as the high growth sustainable operation it has become today. The reporting of healthy financial performance with fundamentally sound profits and balance sheet growth is at the core of this transition. We expect to complement our record revenue and profit recently reported for year end 2005 with a solid First Quarter 2006 financial report. NewMarket enjoyed 101% revenue growth in 2005 over 2004 reporting $50.1 million with $2.9 million in net income. Our First Quarter 2006 10Q filing will include record revenue from our rapidly expanding operations in Latin America. From NewMarket's entry into Latin America in 2004 in Venezuela, we have expanded operations into 5 Latin American countries to date and finished 2005 with revenue of over $9 million. Our Latin America business report will include the first consolidation of the recently acquired Unione Consulting in Sao Paulo, Brazil. Last year, Unione booked profitable revenues of approximately $14 million.

To enhance NewMarket's transition, we have initiated a number of strategic initiatives to support continued fundamental financial performance -- for instance, the recent expansion of our Board of Directors. Of particular interest to shareholders is our announced intention to reduce the fully diluted issued and outstanding and management's plan to purchase NewMarket stock in the open market. A reduction in the fully diluted issued and outstanding will be reflected in conjunction with the quarterly report. Management has recently completed the prerequisite organizational requirements and legal reviews to execute on a stock purchase program. In the coming weeks, shareholders can anticipate the SEC filings required when management make additional investments in the company.

As a result of recent coverage on our record year in revenue and net income, NewMarket increased its shareholder base. We endeavor to set ourselves apart from other micro cap public companies through frequent shareholder communications. I encourage new shareholders to add their e-mail address to our database for receipt of all press releases and other industry information by sending a request to [email protected]."

About NewMarket Technology Inc. (www.newmarkettechnology.com)

NewMarket Technology Inc. is a Systems Innovation Company. NewMarket has combined a traditional systems integration and support services capacity with a specialized asset-based approach to assisting its clients with the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions to include Microsoft (Nasdaq:MSFT), Cisco Systems (Nasdaq:CSCO) and Sun Microsystems (Nasdaq:SUNW). Concurrently, NewMarket continuously seeks to acquire undiscovered emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions. NewMarket's emerging technology portfolio includes products for the Telecommunications, Healthcare, Homeland Security and Financial Services industries. NewMarket delivers its portfolio of products and services through its global network of Solution Integration subsidiaries in North America, Latin America, China and Singapore. As a Systems Innovator, NewMarket has set itself apart from the systems integration market through the introduction of a technology business model that monetizes the value of emerging technologies to improve corporate profits and enhance shareholder value with the regular issue of dividends. NewMarket recently ranked Number 13 on the 2005 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on the percentage of revenue growth over five years from 2000-2004. NewMarket's revenue increased 18,082 percent during this period. The financial results achieved have been three years of rapid, profitable growth from $2.3 million in revenue in 2003 to over $50 million in 2005.

his press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission.

SOURCE: NewMarket Technology, Inc.

NewMarket Technology, Inc., Dallas
Rick Lutz, 404-261-1196
[email protected]
www.newmarkettechnology.com

Copyright Business Wire 2006

holy chit!!! I would give an arm and a leg to be in this chart pattern right now! 

I had NMKT on my watch especially since the big fall recently...but my positions are currently tied up in HOM and I was too bullish on HOM to try and flip it for NMKT (whose action was pretty unpredictable of late  )

a.) Anyways,...this chart is a thing of beauty...the stochastics are trending back up from oversold levels...

b.) The MACD is moving back up from negative territory

c.) Excellent bullish action on the 200 MA support

d.) Golden cross is ready to from in the next few trading days.

If any, $0.50 may offer some resiatnce or consolidation to the action for a couple of days...but I think this is going higher to test the $0.70 recent high.

Bravo to those already in this !!

I'll look to enter early Monday depending on how HOM acts up! 

How is the lady vic?  Better, I hope.

I also hope you are right on this.  I am in NMKT, but just like the wonderful AIDO, it has done nothing but steadily fallen, except for today.

hey bud...very kind of you for inquiring...she's outta the hospital, doing better but still has her weekly visits...I applaud you coz' you surprised me in a good way! 

about NMKT....I think I'm very confident this will go up to test $0.70 in the next couple of weeks...very bullish action becasue of the points I mentioned in the earlier post.

and please...do not bother comparing this with AIDO...which was up during a severe abundance of hype....(couple with the STTK effect)...NMKT is a lot more proven company (made the Deloitte's fastest growing companies list)...and has real revenues and earnings to show for...

I think the time for NMKT is coming....but I don't have an idead of it's past stock history and why the price has been fairly low inspite of fundamental growth in the company....I realize there is a huge short interest and has been for a while...but may be...just may be, the time has arrived for this one to fly!

neverthless, the stock is very bullish now....cheer up! 

Refer to: Headline News Articles.....
Link... http://finance.yahoo.com/q/h?s=NMKT.OB
NewMarket Technology Inc. to Report Record Quarter in Latin America
Business Wire (Fri 7:56am)

Outstanding update, 1st Quarter will be record. Hidden little gem here.
NMKT is about to do a Technical Grand Slam with a "Golden Cross"! 50/200-day EMA Crossover. Bounced nicely off the 200-day EMA early in the week.
Once this happens (Golden Cross) and Revenues/Profits continue to grow this stock will see some serious upside potential. $1.00 should be very soon,JMHO of course..... 

Volume: 5,006,056
Avg Vol (3m): 3,116,650

Quote from: setravis on April 22, 2006, 02:11:55 PM
Outstanding update, 1st Quarter will be record. Hidden little gem here.
NMKT is about to do a Technical Grand Slam with a "Golden Cross"! 50/200-day EMA Crossover. Bounced nicely off the 200-day EMA early in the week.
Once this happens (Golden Cross) and Revenues/Profits continue to grow this stock will see some serious upside potential. $1.00 should be very soon,JMHO of course.....

I love it when Setravis gets exicted....this means, Wooo Hooo...paaaarrrrrttttyyyy!

Quote from: vic666 on April 21, 2006, 07:09:34 PM
holy chit!!! I would give an arm and a leg to be in this chart pattern right now!

a.) Anyways,...this chart is a thing of beauty...the stochastics are trending back up from oversold levels...

b.) The MACD is moving back up from negative territory

c.) Excellent bullish action on the 200 MA support

d.) Golden cross is ready to from in the next few trading days.

If any, $0.50 may offer some resiatnce or consolidation to the action for a couple of days...but I think this is going higher to test the $0.70 recent high.


I'll look to enter early Monday depending on how HOM acts up!

And Vic is jumping too.
(I hope your wife has a quick recovery Vic )

Ok boys...u getting me excited....going to be watching for a possible entry on monday.

Thanks guys!

julia

Julia,

Thanks for your show of support..applauds to you!

by the way, she's my gf...am not married yet. 

take care...I'm gonna look for an entry too on NMKT as early as Monday.

Vic'

Hey Setravis, I am fully with you on NMKT potential.

Quote from: AussieTrader on April 03, 2006, 06:49:46 AM
I have traded and posted on NMKT before and also when it was IPVO. The potential upside with NMKT is huge, they have a great sales and marketing story going on here, but as yet have not been rewarded by the market. In fact the reverse has been true, NMKT has been systematically targetted for naked short selling (including listing on Berlin exchange without NMKT permission) and negative chat room stories (surrounding CEO Vergers). All that could become history as the results and forecasts start to build new ownership and interest in NMKT stock. The numbers will start to shout loud!!
I love the risk reward on offer here, but state the above based on what I have seen of IPVO / NMKT these past 2 years or so. It has dissapointed before, but I think momentum is tipping in its favour now.
Good Luck

Lovely, I got 8000 K more at .528 and look what it does.....        I sure hope the earnings report wakes it up!   

I like this penny stock ,very much !
She is about to make the "Golden Cross". Technical Grand Slam 

Volume: 5,212,175
Avg Vol (3m): 3,116,650

Quote from: jsintexas on April 24, 2006, 07:34:20 PM
Lovely, I got 8000 K more at .528 and look what it does.....        I sure hope the earnings report wakes it up!   

jsintexas...no worries here...I got in at the same price as you...$0.528 - 10K shares...am not worried a bit...just closed my computer and went back to work....

hear me out on this...this will take out the $0.70 very soon and will make you happy...just sit back and be a little patient, that's all. 

fyi:
March research report:
http://www.otclive.com/NMKT_Initiation_Report.pdf

Wallstreet Transcript:
http://www.newmarkettechnology.com/ADT605-NewMarket.pdf

long & strong IMO

updated chart:

Thanks for link setravis
Copied from other thread and will post here also. I just increased my stake in NMKT bought more @.46. This will be my last buy untill sell and hope it will go,,go,,go
Goodluck to all holding

Just bought more @.514 like how 50 and 200 day MA is about to make the Golden Cross and MACD is going up.
Goodluck to all holding

Quote from: wrangler on April 24, 2006, 10:26:02 AM
Looks like we're getting ready to make some more to add to my recent gains. My last buy was @.46 and will ride this out for some excellant gains.
Goodluck to all holding

Quote from: wrangler on April 07, 2006, 10:50:16 AM
Hi tokyopua
I'm still holding and plan to hold but I've been in this since 3-13-06 and my first buy was @.34 and have made two sells and re-entered once since then so my shares I'm holding is free shares so I'm not lossing holding these,that's why I plan to hold these.
I believe it will slowly work it's way back up when next PR about earning's comes out in May. I stated in one of the threads on NMKT that I believe it is forming a new support somewhere between .50 and .60 and I believe by the end of next week the new support and resistance will be shown on the chart.
Goodluck to all holding
Excellant pick elite,,you have really brought this site to life since being added to the board.
Keep up the good work. You have an excellant future in the market world.