posted
it's off the SHO list... and it has good news...
2005-05-03 10:33:02 NewMarket Technology Inc. Signs $6 Million Voice over Internet Protocol Contract; Contract to be Serviced by NewMarket Subsidiary Xiptel Communications
DALLAS--(BUSINESS WIRE)--May 3, 2005-- NewMarket Technology Inc. (OTCBB:NMKT) announced today the signing of a $6 million Voice over Internet Protocol (VoIP) contract to be serviced by its subsidiary, Xiptel Communications. Xiptel will provide VoIP service to another telecommunications service provider enabling the service provider to upgrade its existing service. The contract term is for three years with $2 million expected in the first year of service. Management anticipates the
buys are coming in...it's just starting to respond to the news...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
I got in this one the last time when it hit .42 about a month ago. Been waiting to go sky high, any day now. It's revenue was over 1000% from 2003. $24.9 Milliion, company expects $75 Mil this 2005 year.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
Glassman, what do yo mean Naked short? What is the SHO list?
Thanks
I bought into then I heard it was on the SHO, I was starting to regret, however it looks very promising.
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
sometimes they oversell and can't deliver the shares...
once a certain threshold level of shares sold and not DELIVERED is reached? they go on the list...
this is bad becasue we are playing supply/demand in this game, and if they feel like it? they can sell all day long...i genrally avoid stocks on the list...but i have missed some really good plays by doing that...
think about it tho...if the MM's are selling and NOT buying? they expect to buy back for a better price at some time....(they do get short-squeezed tho, i've seen it)
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
2005-05-04 10:16:02 NewMarket Technology Inc. to Execute Up to Three LOI Acquisition Agreements with $50 Million in Annual Revenue Potential on Upcoming China Trade Mission; NewMarket Management and Investors Depart May 19 for China
DALLAS--(BUSINESS WIRE)--May 4, 2005-- NewMarket Technology Inc. (OTCBB:NMKT) announced today details regarding its third Trade Mission to China with a departure date for management and investors scheduled for May 19. NewMarket will fulfill the local requirements for recognizing its first business acquisition, Gaozhi Communications, under Chinese regulations. The purchase agreement was executed earlier this year subject to a review by Chinese authorities. NewMarket also expects to execute up to three additional Letter of Intent (LOI) agreements to acquire three additional Chinese companies with a combined revenue exceeding $50 million in annualized revenue.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
market cap =$39,470,134 at .47 S/O 83,979,008 P/E 47.00 ,,,Last quarter cash on hand $1,395,000
classy little stock with large upside...Geesh I can actually hold this one..I have a bid in for another 1500 shrs. at .46
Posts: 10729 | From: oregon | Registered: Feb 2005
| IP: Logged |
posted
ur good man abt the SHO list but i think MRKL is already going up if u want to check it out
Posts: 510 | From: Dallas, TX | Registered: Apr 2005
| IP: Logged |
posted
glassman they actually have employees [ 75 ] !!! refreshing huh..Man, some of the stocks I have been trading lately did'nt have any!...Ah, fresh air. PS I filled on that down tick to .46
posted
Been it for about a month, company has great future and so do we. How long to stay in, this will be $2 by xmas...
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
posted
Raptorsrule...Hey man, I quess we will just have to find a stock for the [ glassman ] poor old fella can't afford to have his lawn mowed...Real eye sore!! Might make the value of my new home purchase go down..
Posts: 10729 | From: oregon | Registered: Feb 2005
| IP: Logged |
posted
raptorsrule..Ya think that old codger [ the glassman ] is gonna bill us, like Peter Leeds or sumpin? I wonder if he will fix up that shack with the half moon out there with all dem trucks an such...Really LOL NOW, OOPS NO MORE STOCK TIPS
Posts: 10729 | From: oregon | Registered: Feb 2005
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
