Zach H
06-23-2006, 06:14 PM
Another "cheap" stock. Looks like they might be turning the corner.
ShadMan
06-26-2006, 08:42 PM
It looks like they are having a rough go of it right now. They posted a large net loss last quarter:
http://finance.yahoo.com/q/is?s=nmgc
Also, check out their insider trading numbers:
http://finance.yahoo.com/q/it?s=NMGC
And check out the number of shares owned by officers in the company:
http://finance.yahoo.com/q/ir?s=NMGC
The headlines for the company show that they just agreed to sell 4 patents to Samsung which will net them over $1M. The question is, what were those patents, and is any of their current income tied to ownerdhip of those patents? In other words, what is the "future cost" of selling the patents? ;)
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