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Message: One to Watch: NEON (NASDAQ)

One to Watch: NEON (NASDAQ)

posted on Feb 01, 2008 09:26AM

NEON Update: (Catalyst is Earnings)

I am not one to venture far from the TSX/TSXV, but this one is an exception, but I am biased because I own some.

Recently been trading down around $3.30-$3.40 range and as low as $2.75 and has only 23 million shares outstanding and an $83million market cap. IMO this one will do well on the news of financials and could move quite quickly as I "expect" the numbers to be pretty good. However, it is a trade not an investment and the reason I hold it is for the news, and will most likely be out most of my position on the news or shortly there after.

So we are about 2 weeks or so away from these numbers and tough picking up shares with so little volume, but it shouldn't be a problem getting out becaue the volume should be there.

Their new IR firm put up a corporate backgrounder and power point presentation on their website recently, so if you are considering taking a position take a look at these two links:

Presentation: http://www.allencaron.com/clients/ne...

Corporate Backgrounder: http://www.allencaron.com/clients/ba...

This is not a recommendation, just an update do your own DD. I have done mine!

Cheers,

cvac01

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