I don't do technical analysis, but i've followed it as a turnaround proposition and the patterns are impossible to ignore: 3 profit downgrades in November '05, March '06 and May '06, all immediately followed by a sharp drop in the share price.
Then, a sudden spike in the shareprice......... which is only very short-lived, and then the share price goes back to the doldrums where it belongs.
I can't believe people still see something with this stock. More to the point, i can't believe some people are willing to completely destroy their credibility to ramp a stock that is an inch away from receivership!!!!
NLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held