A quick note about Nanologix

5 day chart for NNLX

I contacted the fellow who brought Nanologix (Pink Sheets: NNLX.PK) to my attention initially (Barry B.), asking him if he’d be interested in writing a guest post about it here. My e-mail caught him on vacation in Belize, but he said he’d take as stab at a guest post here when he got back. Barry knows a lot more about this one than me, so, in the meantime, if anyone has any questions about this company, leave them in the comments and I’ll see if I can get Barry to address them in his post.

Related posts:

  1. New position: NNLX.PK I picked up a few shares of this company today,...
  2. Comment contest winners Comment contest winners are listed on Steam Catapult (Philippe, you’re...

Related posts brought to you by Yet Another Related Posts Plugin.

  • paul wendelo
    i got a free ride at .30. i bought 300,000 shares at .10 and sold 100,000 shares at .30.

    i have no idea if this co. is real, it can go to 0/share and i don't care. blah blah why are you reading this useless info. smuck.

  • Congrats. You're playing with the house's money now.
  • Lobsterboy
    Sorry to see that your NNLX dropped 2 cents immediately after you took a position. What is it up, now? >100% in under 2 months with increasing volume. Be careful if you try trading it. I have been in and out since <$.10 and lost a lot of profits trying to trade it. As is, my nnlx is only up around 600%.
  • You're right. Barry made a similar point via e-mail a few days ago. He was wary of trading it too. I don't know this stock well enough to trade it, and I didn't buy it for a 100% gain. I'll sit on my hands here. If it drops and the story seems like it's still intact, maybe I'll add more.
  • Dan
    Hi, first I just want to say that I've enjoy your blogs I have been reading them for about a year now. o.k. I worked in the Biotech industry for a few years and the only thing I can say about biotech invsting is that its a total gamble. Also, I want to throw out the idea of investing in nevada Geothermal. It's a small company that so far has exectued on getting one plant up and running generating energy 24/7, and has 3 more prospects. I'm thinking that if we have an energy spike the federal goverment might give more grants. Once a plant is build the cheap energy is being prodcued with no fuel expenses.
  • Stockdoc9999
    From Nevada Power's own report...

    Although the Company has successfully declared commercial operation at its Blue Mountain
    power plant facility, the Company has no track record of operating profitably, and the
    Company must increase power production and refinance a substantial portion of the TCW
    loan at a lower interest rate to meet a covenanted interest coverage ratio. The Company’s
    ability to continue on as a going concern is dependent on meeting the covenants of its loan
    agreement with TCW, the achievement of profitable operations, achieving the minimum 36.1
    MW power production of its PPA with NV energy, concluding a potential loan agreement with
    John Hancock Life Insurance prior to March 31, 2010 and our ability to raise additional capital
    from lenders, shareholders and other investors to support its on going business activities.
    These consolidated financial statements do not include any adjustments that might result from
    the outcome of these uncertainties.

    Sounds extremely risky.
  • Thanks for that bit of research, Paul.
  • Thanks the kind words, Dan. I'll take a look at Nevada Geothermal, thanks for mentioning it. Incidentally, another company I've mentioned here on occasion, USEG, has an investment in a geothermal company. Geothermal does seem like one of the more promising forms of alternative energy.
  • Optimistic but Curious
    Is the company charging enough to make up for the costs of the manufacturing room, the machines, the staff, the power costs, shipping, administrative and professional staff salaries, marketing, travel, and so on? Would it be more viable if they had economies of scale?
blog comments powered by Disqus

Links

Tools and ideas for short sellers

Algorithmic hedging tool for stocks and ETFs

The blog of Launching Innovation, LLC

Meet Bill Singer

Eminent securities attorney, irreverent Wall Street blogger, and proprietor of BrokeandBroker.com.

Live Traffic Feed