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NMKT.OB

Started by eliteG, April 02, 2006, 08:34:41 PM

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boatguy

Your right G- We don't know if the profit taking is over and I am taking a risk here.

I am prepared to take a small loss on my new position but will exit if needed.

I have a nice profit and don't plan on letting to much of it slip away. ;D

Speculating here and have a cushion if things don't pan out.

Also found this link on another board to NMKT's business website.

http://www.newmarketsourcing.com ( Doesn't display right with Firefox, use IE)


Terliso

#91
Why sell so early?  just asking...

Bull Power is just turned on ;)

tokyopua

Terlisa,

I think EliteG explained the reasoning for selling in the 3SOV thread, it makes sense from a risk management point of view and locking in the profits for the portfolio.

http://www.3stocksonfire.org/trading/index.php?topic=5037.msg56384#msg56384

That being said, I am holding to see what happens and agree with you that there are a lot of bullish indicators.  I like the stock looking at if from both a weekly and daily perspective.
Chance favors the prepared mind

tokyopua

#93
Here is the weekly chart, I like the way the force indicator looked back in Nov 03 then and how it looks now  >:D  13 ema in both daily and weekly is also sloping upward  ;D
Chance favors the prepared mind

boatguy

Glad to see Terlisa approves of staying long on NMKT.

I found this link on another board to NMKT's business website.

http://www.newmarketsourcing.com ( Doesn't display right with Firefox, use IE)

jorgegr

I'm  still in with 26780 shares. Think will have to be patient. >:D

Rgds

jorgegr

Lucas Scott

Tokyo - nice comparison to 2003. I second Terlisa's inquiry: Why sell so early? If I were a fruit fly I'd have sold too. That's cause fruit flies only live 10 days, so they have to take their profits very quickly. I expect to live for many more decades, therefore it makes sense for me to hold a littile longer and capture a bigger piece of the move.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

Lucas Scott

Dammit, fill the gap already so we can get back on track!  Only gotta drop another cent or two.
GO IN THAT HOUSE OF PAIN THAT YOU SEEM TO WANT TO BE IN, BUT GET AWAY FROM ME.  I'M TRYING TO WORK, DAMMIT.

wrangler

Hi vista
Here is something better than paper trading. It's a Virtual Stock Exchange it will work just like as if you're trading for real and use this site to learn from.
Goodluck trading :)
http://game.marketwatch.com/Home/default.asp


Quote from: wrangler on April 06, 2006, 11:24:12 AM
Hi vista
Shell shock;;This is something that takes time to learn and one must be willing to take the time to learn it if they are going to win at it. It's like going back to school. If you should decide to keep trying one piece of advise is do paper trading till you get to understand it and can begin to make money at it on paper first and then when you get the confidence that this is going to make you some money then try it again , but use only a small amount that you can afford to loose before you begin to use the big bucks.
It takes a lot of studying and listening and learning to win this game.
Hope you have the best of luck :)
Also this site is the best learning tool on the web if you really want to learn stock trading
wrangler

OneStockMind

Weak close today at .41 which is SMA 20. I really hope it will bounce off of 20 SMA next week.
I got in a bit early at .465 and now down 26%. Don't like being down on a stock right away.
Not sure why this selloff but it might be selloff on news and long weekend.
We'll find out next week.

fill_the_gap

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

I am buying as a play into the earnings report.   ;)
Just one opinion, do the research

fill_the_gap

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

I am buying as a play into the earnings report.   ;)
Just one opinion, do the research

fill_the_gap

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


Just one opinion, do the research

rickjust

jumped in today at the end .46. looked like a strong close for a friday arvo. looking for a good monday morning. nice volume today lots of buying in the .44- to 46 range/.
glta
maxi

Terliso

3SOF team should consider buying back NMKT... I think it's going to run again ;)