NMGC

[Jasssie]

Nice pick, setravis! 

I'm looking forward to get in @ open. Are you planning to trade this little boy?

Jassssie

[setravis]

Oh yes, Only in America !......
Don't you just love this country!!

[cache00]

Time to load!

[setravis]

Active in the pre-market
+8.97%........Volume @.........281,673

[domination]

did they go through a split or something? i don't see when it was .5
maybe a 4-1

[REALDEALS21]

RUNNING UP ON NEWS ! IT LOOKS LIKE $4.58 WILL BE THE FLOOR FOR THE STOCK !!! NICE LOOKING CHART !!!

Press Release   Source: NeoMagic Corporation

NeoMagic(R) Corporation Announces Financing
Friday December 1, 8:30 am ET

SANTA CLARA, Calif., Dec. 1 /PRNewswire-FirstCall/ -- NeoMagic Corporation (Nasdaq: NMGC - News), today announced an $11.45 million offering at an offering price of $4.58 per security pursuant to its shelf registration in which it will issue 2,500,000 shares of common stock and warrants to purchase 1,250,000 shares of common stock at an exercise price of $5.20 per share. The five-year warrants will not be exercisable prior to at least the first six months after issuance. The warrants will include anti-dilution provisions that would have the effect of lowering the applicable exercise price if NeoMagic issues equity at prices below the exercise price, subject to a specified floor of $4.58. The financing is expected to close on or about December 6, 2006, subject to the satisfaction of customary closing conditions.
NMG
NeoMagic intends to use the net proceeds from this financing transaction for working capital and general corporate purposes.

A.G. Edwards acted as exclusive placement agent in connection with this financing transaction.

A registration statement relating to these securities was filed with and has been declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.



Merge the threads Setravis.

[setravis]

"NMGC"Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.   
All history on a stock pick in 1 thread is awesome.   

Thank You....and good luck with all your trades....make some $$$   

[setravis]

Bottom with a pick up in volume coming off of the recent lows.
Looks right after seeing the low volume drop in price this week. 
Looks to be a Double Bottom (reversal) Pattern,
with a false BreakOut and another pullback, nice move up today, maybe ready.


52wk Range: 2.43 - 6.74
Volume: 800,633
Avg Vol (3m): 80,486

Technicals
13-day MA Cross Above 50-day MA
Close Above the 50-day MA
Close Above the 13-day MA
MACD - Bullish
Percentage Gainer

Last Price Quote is:
15.25%above 13-day MA
13.45%above 50-day MA
RS Rating: 87 

Fundamentals
Key Data:
Market Cap (M): $41.96 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: LT Attractive