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 Nice little run
sitting at .38 right now. looks like consolidation might be coming to an end and might be moving to .40's. Did the same thing two weeks ago, from the .20's to the .30's. You have to love this stock right now if this trend continues.
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Great Chart!
Since I could not have said this better, this is what the stock analyst on Learn to Trade Penny Stocks, Penny Stock Breakouts, Penny Stock Charts said.
"NNLX – After the recent low volume consolidation, today’s strong move really makes it look like this is about to continue it’s breakout and start another leg up. Looks great to me."
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Week End Report
The five day chart shows this stock moving from .33 to close the week at .39 A nice weekly gain. The six month chart is more revealing, it has steadily climbed from its low in early March of .035 to its current .39. What is propelling this incline you might ask? Well, Battelle (Battelle: Product Development, Research & Commercialization, Energy, Health & Life Sciences, National Security, Laboratory (Lab) Management, FutureGen & Safety Pharmacology) validated NNLX's BNP testing dish as four times faster then current traditional methods in testing for Anthrax, and twice as fast for the bubonic plague. This paper which was published in a scientific journal, is available on NNLX's website (Welcome to Nanologix!). The company claims they can test for other stuff as well, faster then traditional methods. Since the publishing, company has revealed it is constructing a clean room, which is on going and should be near completion. In addition to that, production should ensue end of summer. NNLX is going from R&D to production, certainly a milestone if you ever want to see one on a Pink Sheets traded company. NNLX also attend ASM show and received tremendous additional exposure and it is widely believed that other companies are testing the technology as well. More great information about the company was that they have applied for yet a new patent, BNF (Bionanofilter) and that the EPA is under a mandated federal court order to test beach waters in less then 24 hours. It is believed that NNLX can perform this at same speed as BNP, which means 2 to 4 times faster then current methods and well under the 24 hour federal court mandate. A last note is that NNLX has revealed it has retained the legal services of Arnold and Porter, a highly rated law firm. I look for good things this week in the stock price as many shares have gone off at the .38 to .39 range and it is thought that perhaps a savy investor is accumulating. GLTA
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NNLX review
This is a copy and paste message.
NNLX flat based from mid may to mid june after breaking out before it exploded higher.
The "flat base" on top of a base is one of the most powerful launcing pads for stocks. It means true believers are holding the stock...
All of July, NNLX has been launching assaults on $.40, it failed friday again....
support at .35(old resistance), resistance at .40.
IMO: If NNLX trades in this narrow range for an extended period of time, it will explode higher again..
NO DOUBT IN MY MIND..
accumulation: distribution days this month: 10 to 2. Just the kind of price/volujme action a winner exhibits..
breathers are welcome and ok..
Join Us: The Stock Prophet
At this game for 26 years.. a dinosaur.. ask us anything on any microcap..
stockguy7226@yahoo.com
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 Excellent Buy Opportunity
NNLX is down .07 cents currently. Stock held upper .30's for just about two weeks. No apparent news is driving this down, and volume is not that substantial to warrant a mass sell off. MM's most likely playing some games. News of clean room completion, and leading to real production due any day now. Anybody waiting on the sidelines for a dip, this is the time to buy IMO> GLTA
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Why I Own 800k shares
Back in October of 2008, I was laid off from my job. At that time, I called NNLX and spoke to Bret Barnhizer, CEO, directly. I was highly interested and eager to put my retirment money into Nanologix as a Private Placement. I had followed the company for a few years and knew they were on the right track. In my conversation with Bret, we discussed that the money would be not available to me for a year as private placement money. I had received a large severance from my employer, but having done very well over a course of years, I had accumulated many "toys" which still had payments on them. I knew the severance would not last forever, and I knew I might have to tap in the retirement money worst case scenario. Bret heard all of this, and basically advised me to buy the stock over the counter, and not private place it with him, but keep it liquid for myself just in case my worse case scenario played out. Now I ask you, is this the action of a greedy self serving CEO? Or is this the character of a genuine, hard working and honest CEO trying to make his company successful, not only himself. Obviously I concluded the latter was true. Bret is an outstanding leader.
With that said, and that moment between myself and Bret, I am a true believer in him, the company, and definitely the product(S) and the future revenue stream.
This is the strongest of buys in my opinion, I rest comfortably holding 800k shares in this companie's stock, and I know shortly I will be rewarded much more then I currently have been. GLTA
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My Email
To simon, at Learn to Trade Penny Stocks, Penny Stock Breakouts, Penny Stock Charts
Simon, glad you are removing NNLX so I don't have to read your pathetic chart voodism any more. Actually, I am sort of just kidding because I enjoyed seeing NNLX on your site for the run. Yet, I will tell you this, it will be back. And FYI, you should buy now!!!!!!!! Chart may not look good, but with PInks, come on now, how often does a chart run great forever with out news. NNLX did a pretty darn impressive job of that. Why? Because their are many longs and strong believers in the company. Any way, I think you will be pleasantly surprised when you are adding it back on in the near future. Best of luck Bro.
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Wow!
Well, this is a direct quote from Simon at Itradepennystocks.com
He might as well have passed up on Gold in the 70's because he was done with it when it was trading for 7 dollars a troy ounce. Foolish, I believe is he. NNLX will run, and run big from here. This is Simon's quote below
"SPM: NNLX - Broke below the 15 EMA, I think even if it recovers, I'm still done with this one for now."
So me again here. When Simon says he is done with this one for now, what does he mean exactly? I have spoken to Simon via email, and all he does is look at the charts. I could post that email, however, I shall not at this time. Looking at the charts only on a thinly traded stock is the most absurd thing I have ever seen. I am glad likes of Simon can have a website, however, I firmly believe that many traders are duped by this practice. In fact, I will say I am invested in NNLX, I could not care less if anyone here buys, but I will tell you that perhaps guys like Simon and his website are somewhat only half informed, if that, of what is actually driving a stock price. Any way, good for you Simon but I won't be frequenting your board anytime soon and I would caution, but perhaps I should not, that any one that does look at his stuff, should review it like they do a grain of salt...whatever that meant, right.
Last edited by lockshed; 07-24-2009 at 04:42 AM.
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Really Good News
Operations Update:
Items of Interest
July 27, 2009:
During ongoing work performed on development of a water-quality testing kit for the US EPA, recent company research has indicated that NanoLogix's BNP™ and BNC™ test kits may be used for detection and identification of viruses when combined with antibody-coated magnetic particles. This is potentially a major breakthrough for the company's diagnostic technology, adding significantly to the battery of detection capabilities currently available with BNP and BNC technology. NanoLogix plans to contract with an Ohio-based research center with BSL-3 virology capabilities to perform further research.
This week the company will ship 500 diagnostic test kits to an international public health organization in Africa. This will be the first use of NanoLogix technology in Africa.
NanoLogix is currently proceeding with national patent filings for BNP technology in China, Japan, India, Brazil, the EU, and Russia. These filings are a progression from the initial PCT (Patent Cooperation Treaty) filing done in 2007.
Construction of the company's production clean room is projected to be completed in late August, with equipment installation to follow.
The company has regained full rights to 18 of its patents licensed to Nutra Pharma after Nutra Pharma's default on their 2008 royalty payment balance. NanoLogix plans to develop the technology to add to the company's diagnostic kit portfolio.
September 18th has been set as the tentative date for the 2009 NanoLogix shareholder meeting. Details will follow in the near future.
----------------------------------------------------- -----
Contact:
NanoLogix, Inc.
Investor Relations
Carol Surrena
Telephone: 330-534-0800
E-mail: Carol@nanologix.com
Copyright 2009 NanoLogix, Inc All Rights Reserved
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Can't Believe
I really can't believe this has not been jumped on. This is such great news.
Oh well, it will rise dramatically one day, make the charts and everyone will be saying, how did I miss that one LOL.
NanoLogix Provides Operations Update and Notification of Shareholder Meeting - Yahoo! Finance
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