3SOF

.405 almost sold if it hit below .40 where it shows support.

Anyone who listened to the presentation today? I did, and did not really find out any news. Was there any news at all? Expected 65 mil in revenue this year, and an increase of 30 % compared to 2005 was not new we all knew about that.

Not anything to move the price up was there

Didn't move it up but it also didn't move it down below support and volume was low compared to daily average and considering the overall market of how it was down today I say it wasn't to bad of a day.
Tomorrow will show if today's web cast had any impact but even if it's not a great run I don't believe we'll see any big sell off either if anything we'll probably see it trade up and down till next earnings.
If it can hold @.40 or above I'm going to hold for now unless I see something better till then.
Let's hope for some good reaction tomorrow from today's web cast.
Goodluck to all holding

I'm seriously tired of stock trading; maybe I should just stick to the bigger stock companies. Stocks like XTHN and some other Danish stocks have seriously stocked it up my xxx! Now it's NMKT -3, 57 % what is wrong, the market is going up today! I changed out XTHN with NMKT, then XTHN go up and NMKT go down I almost want to cry , and just run away and never go back to this market again; I have lost so much on it!

Why is a company with this much potential and they are earning money not going up

splendid - sorry to hear about your misfortune.  Beeing a newbie to stock trading, I didn't know how to handle how the market has been acting in the past 10 days or so. My reaction was sort of "deer in the headlight" kinda thing. I didn't do anything. I don't know if it was the correct reaction - probably not. But what I know is next it happens, I will go 100% cash and maybe paper trade until I can learn to do well in a bear market.

Hi Splendid
Penny stocks are always risky stocks. It should only be a small part of you're portfolio and alway's use money that you can afford to lose. Use most of you're portfolio on major exchange stocks that trade with high volume for easy liquidation and as you're portfolio begins to grow use some of you're gain to use on penny stocks and still use only what you can afford to lose.
So far this week the whole market in general has gone down because of more inflation fears and a lot of investors like to get out when this happens that's why you're seeing big losses this week. It's a game of cat and mouse and only the stronger can win.
If you're new at it take Livana advise and paper trade till you get enough experiance that you feel you can stay on top of the game.
Hope you the best of luck.
Posted a new chart on NMKT and what I think of it.

Quote from: Splendid on May 23, 2006, 10:38:10 AM
I'm seriously tired of stock trading; maybe I should just stick to the bigger stock companies. Stocks like XTHN and some other Danish stocks have seriously stocked it up my xxx! Now it's NMKT -3, 57 % what is wrong, the market is going up today! I changed out XTHN with NMKT, then XTHN go up and NMKT go down I almost want to cry , and just run away and never go back to this market again; I have lost so much on it!

Why is a company with this much potential and they are earning money not going up

My thoughts:

NMKT published results, when the market was weak
Then we waited for earnings call... volume down.
Historically their Q1 has always been the weakest.



But today i see some volume, which is good.

Hi ymeramees
I agree with you're thoughts and think patience will be the winner here,,only time will tell and I'm going to hold for now .

Quote from: ymeramees on May 23, 2006, 11:39:43 AM
My thoughts:

NMKT published results, when the market was weak
Then we waited for earnings call... volume down.
Historically their Q1 has always been the weakest.



But today i see some volume, which is good.

I am rapidly losing patience and confidence.  It has done nothing but continue to fall.  It is like a chineese water torture...drip, drip, drip....  One, two penny a day loss is no big deal, but it has averaged that for the last 3 weeks.  THE ONLY reason I still hold, is because I can't see why it goes down and the company looks good.  But, pretty soon, I will have no choice.

I was busy all day so I couldn't follow the market, but saw the close of NMKT...   I did see they published another PR.  You can't say they are not trying....  Just don't understand why it continues to fall..  I would have to see what even neutral news would do to the share price. 

Someone said, a while ago, that NMKT was being accumulated.  I guess I can't see that.  If that is true, why is that?

 Hi jsintexas
Something to think about. You only lose when you sell, as long as you're holding even if price has gone down it will come back up. When you pull the trigger is up to you. If you're not a patient person this might not be the game for you.
I can remember when I first started trading I told my wife that I didn't think anything jumped up and down in price as much as cigarettes and gas till I started trading and stock prices is a whole lot worse.
They say stocks has a way of repeating itself and when you study charts you will see it.
Anyway I don't know if this might help you with you're trading but just wanted to give you something to think about.
Goodluck trading

Quote from: jsintexas on May 23, 2006, 04:28:14 PM
I am rapidly losing patience and confidence.  It has done nothing but continue to fall.  It is like a chineese water torture...drip, drip, drip....  One, two penny a day loss is no big deal, but it has averaged that for the last 3 weeks.  THE ONLY reason I still hold, is because I can't see why it goes down and the company looks good.  But, pretty soon, I will have no choice.

Getting some pre-market trading,, let's see it hit and stay above .47
Goodluck to all holding

I know I said I was going to sell if it went below .40 and it's now @.395 but I'm going to hold my shares.
Not going to sell. This might be a bad call but it won't be the first time. It has got to much going for it and will go back up in time.
Main Reason for holding

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.

Another good news and the stock continues to go down... I reallywould like to find out if there is any explanation for it.. It just has to go up, if all the financial reports are true.
 
NewMarket Technology Inc. Announces $3 Million North American Services Contract

Link to the Article:

NewMarket Technology Inc. Announces $3 Million North American Services Contract

I'm a little puzzled with the action of this stock too. Hopefully it turns around by the end of the day today.