.comment-link {margin-left:.6em;}
My Photo
Name:
Location: USA

The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, May 02, 2005

To my old friends, the diehard longs of INCX:

Let's think this thru, ok?For those of you who bought INCX at $30, you need a 5-bagger just to break even. At this level, INCX has to get back to $30 for you to leave unscathe. Holy cow! Remember why INCX was at $30? It was because revenues, earnings and lots of hope (and greed) that propelled the stock to above $30! The revenues, earnings and hope/greed are no longer there! Earnings gonna be bad next quarter! No body imagined they would lose money! Hope and greed ain't there anymore. It is replaced by fear. I am right here tellin ya that INCX will probably not see $30 in a long long long super long time!

On the other hand, for NEOM to be a 5-bagger from here, it would have to reach a price of $3.60 . What is the chance of that happening? Based on the momentum and charts alone, there is a good possibility of that happening within a year, imo. Hope is there, greed is there, revenues will be there, earnings will be there. Not only that, NEOM may hold the cards and gateway to the future of search!

The 'technical evangelist' of Microsoft, by the name of Scoble, was "floored" when the ceo of NEOM demonstrated barcode searching via a camera phone! Just do a search on "Scoble" and "NEOM" or visit Scoble's blog at www.scobleizer.com..........

Read all about it at www.beanie11111.blogspot.com or visit www.investorshub.com .

Please put NEOM on your radars! I sure hope you don't end up buying in late (like at $2, when we have been playing it since .30!) To gauge the potential of NEOM price appreciation, look no further than XMSR or SIRI.



*Oh by the way, as always, the usual disclaimers apply. It means you buy at your own risk.

3 Comments:

Blogger beanie11111 said...

I put a target of $5 for INCX not long ago. That target was hit last week.

I am now putting another target for INCX: $1 .

Mon May 02, 07:43:00 PM EDT  
Blogger beanie11111 said...

OOustlerOO,

I can't tell you when to buy NEOM because frankly it is so hot of late that it hasn't even rested since the runup from under .20 in April.

I've been saying to buy it since .30 . Today, NEOM broke the previous high of .655, on very strong volume. I don't think we will see .655 or below for a long time.

I haven't decided on a sell target yet. More time is needed for this company to develop itself.

However, i would imagine many long termers will start to take (some) big profits when $5 becomes a reality.

There is so much money flow in NEOM that it is becoming a really good trading vehicle as well.

Mon May 02, 08:58:00 PM EDT  
Blogger beanie11111 said...

I think there is a good chance NEOM will run another .10-.15 cents tomorrow.

Imo, NEOM hitting $1.30 in the intermediate to short term is already a foregone conclusion.

NEOM could become the future gorilla of search.

Tobin Smith, and many NEOM investors, seem to think that it could become BIGGER than Google!

Please visit www.investorshub.com and see what the diehard longs have to say...lol


go NEOM go. NEOM rocks!

Mon May 02, 09:00:00 PM EDT  

Post a Comment

<< Home