NEO Battery Materials Ltd V.NBM

New Press Release - NEO Battery Materials Signs Joint Development Agreement with Fortune Global 500 Chemical Materials Company

Joint Development Agreement with Fortune Global 500 Chemical Materials Company Multi-Billion Annual Revenue Generation with 40,000+ Employees in Over 50 CountriesDeveloping Silicon Anode Products with Advanced Coating Materials and Methods To Enhance Structural Durability and Limit Battery...read article.

[lscfa]

A timeframe would have been useful

[Duparquet]

The company is probably LG.  40k employees. South coreen. Chemica company. Seach on Fortune 500.  

[CdnHype]

Oh oh that was a quick pump and dump all within 48 hours. 

[theo1264]

it went from $0.10 (Sep 20th) to $0.44 (Oct 4th). News came out Oct 7th.  Hardly a quick pump and dump.  Buy on rumour, sell on news.  If you believe in the company, its a buy because this is just the beginning.

[enddaytrador]

From yesterday to today it has dropped 14 cents and a fortuen 500 has bought in, why would someone sell with such great news, I really hope you are right, time will tell.  GLTA!!

[theo1264]

Some perspective:  Went up 340% since Sep 20th to 52week high ($0.44). And down $0.15 cents (34%) as of today.

[enddaytrador]

Notice how the buys are small and the sells are much larger.  I wonder where this will be in two weeks, as well, there was a huge sale, 1.4 mill shares were sold before the release of the good news of NBM signing on with a fortune 500 company.  Why hide who you are working with.  Would it not make since that they divulge who they are partnering with, that would really drive up the

[bandi10]

If they have an actual NDA, they can't disclose specifics, but insiders can certainly have a field day with that information. Pretty suspicious trading pattern to say the least.

[enddaytrador]

Maybe a possible sign of manipulation is the fact that some buys are just enough (500 shares) to increase the price just to sell 60 times the shares at that price.  I guess you have to adopt the method of holding, buy on the dips and sell on the highs after creating a base line of the total stock that you have.  It is better to take a bite when you can, instead of waiting to eat the

[Duparquet]

The current price is insignificant... I anticipate that Nbm will change its name with the merger of the new partner once the products are finished. In all logic, this new partner is LG Chem. Korean company, working in the chemical with 44k employees. Nbm will sell its technology and Nbm's group of scientists will work for the new entity. In the end, it will be a buy out of several hundred

[Midtown007]

I assume this is all speculation on your part.  I sure hope your correct in your thinking though.  Although somehow I think its a long way off at this point.