Another that I will be watching and looking for entry in the near future for a bounce. I'm going to look into the reason for the drop.


Neah Power Systems, Inc.
22122 20th Avenue SE
Suite 161
Bothell, WA 98021
United States - Map
Phone: 425-424-3324
Fax: 425-483-8454
Web Site: http://www.neahpower.com

DETAILS
Index Membership: N/A
Sector: Industrial Goods
Industry: Industrial Electrical Equipment
Full Time Employees: 25


BUSINESS SUMMARY
Neah Power Systems, Inc., through its subsidiary, Neah Power Washington, engages in the development of a direct methanol micro fuel cell, which serves as a replacement for batteries in various mobile products. Neah Power Systems is based in Bothell, Washington.

Shares Outstanding: 103.31M
Float: 33.74M


http://stockcharts.com/h-sc/ui?s=npw...d=p33383461247

__________________
Learn Pincher Plays and the Basics of Technical Analysis. I've learned a lot from Greencat and CC and a portion of all sales go back to SMC.

"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow

Okay, did a bit of looking into these guys. Not a lot to be found right off. I called the t/a and Yahoo's numbers on o/s are not correct. In April the o/s count was 107 million. Now it is 120 million. She did not have the accurate float. I also placed a couple calls to Tom O'Brian, Neah's IR guy. He never returned a call and the last time I called it went right into voice mail. Obviously Tom turned his phone off. I called the company again and the CEO was out for the day (so I'm told), but the receptionist was kind enough to tell me that they are getting many, many calls today. I guess that they have a few angry shareholders at this point. All that I really know is that I watched them the last 2 trading days regularly on L2's and NITE has virtually never left the ask. They may fall back for a moment, but they buck themselves right back to the front of the line very quickly. I hate to sound like a dilution monger, but if it walks like a duck and talks like a duck, it's probably dilution. Always the bottom feeder, though, I will still keep an eye on this for the bounce. It stuck me early today for a small loss (because I didn't take the green when it was there), but then I got in and out later for a gain back. I will probably do it again.

http://stockcharts.com/h-sc/ui?s=NPW...=2&a=112005929

__________________
Learn Pincher Plays and the Basics of Technical Analysis. I've learned a lot from Greencat and CC and a portion of all sales go back to SMC.

"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow

Looks like this should help out

Office of Naval Research Finalizes 2006 Appropriation of $1.4 Million to Neah Power SystemsLast update: 7/17/2007 8:05:28 AMNeah Power Revenues to be Collected over the Next 12 Months BOTHELL, Wash., Jul 17, 2007 (BUSINESS WIRE) -- Neah Power Systems, Inc. (NPWS), a leading developer of fuel cells for military applications, notebook computers and portable electronic devices, announced it has received a contract award from the Office of Naval Research entitled "Design of High Power Density Direct Methanol Fuel Cell Stack Utilizing Porous Silicon Electrodes" in the amount of approximately $1.4 million. Based on the 2006 Department of Defense budget appropriation, the contract has a 12-month period of performance and revenue will be collected based on cost reimbursements. "Our unique approach to fuel cell technology for portable devices was instrumental in our securing this appropriation," stated Paul Abramowitz, CEO of Neah Power. "Through the objectives of this agreement, we will utilize our porous silicon electrode structure to develop the next generation of electrode structures that will increase overall power density produced by our fuel cell stacks. It is our belief these higher power density stacks will result in higher power, smaller fuel cell units that will have application in various military uses as well as potential commercial and consumer applications." About Neah Power Neah Power Systems, Inc. is a leading developer of fuel cells for military applications, notebook computers and portable electronic devices. The company's patented, porous silicon-based design will provide long-lasting, efficient and safe power solutions. As an emerging leader in fuel cell technology, Neah Power's products will allow users to extend the operating time of 10 to 100 watt devices multiple times beyond that of conventional batteries. Further company information can be found at our Website . Forward-Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, difficulties in developing and commercializing new technologies, and additional risk factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at . SOURCE: Neah Power Systems, Inc.

Slowshoes post sure is indicative of further dilution since it made the pps do nothing. lol. Still back on radar for the elusive bounce.

http://stockcharts.com/h-sc/ui?s=NPW...m=1&a=97761638

__________________
Learn Pincher Plays and the Basics of Technical Analysis. I've learned a lot from Greencat and CC and a portion of all sales go back to SMC.

"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow

Well I've jumped in today, though I should have waited 10 min's and I could have gotten in at .24 instead of .25...lol Anyways, I'm thinking it will be back above .30 by weeks end.

Can it turn or what? Indicators are aligning, now come on and follow through. Definitely looking for some volume.

http://stockcharts.com/h-sc/ui?s=NPW...=2&a=112005929

__________________
Learn Pincher Plays and the Basics of Technical Analysis. I've learned a lot from Greencat and CC and a portion of all sales go back to SMC.

"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow

Klipper, at what point do you look at entering on something like this if it starts to move up? I know you've said before you look for confirmation of a trend break when the RSI crosses 50. Is there a resistance level that you look at for jumping in as well? PPS breaking an ema like 20 or so? Entry points are something I'm still trying to figure out. I seem to be finding that taking a gamble to get a jump on it and getting in as soon as it makes a move up but before it actually hits a point of resistance or ma marker of some kind ends up being too early many times and it's a false move and drops back. But waiting (as I've read some places to do) for it to confirm a trend reversal by crossing some resistance point or whatever with good momo tends to be too late sometimes and the run ends as soon as I enter. I've also seen info about waiting two days for bullish confirmation on the candles. What's your take on all that?

I'm starting to get where I'm seeing alot of the settups that you, greencat and others spot and describe, but entry points are puzzling me a little. I'd like to feel a little more comfortable with a guide on that part before starting to play these too heavily. I'm interested in holding these for a few days to a week etc then getting out when the indicators start showing signs for pullback or reversal. (I guess that's swing trading?) I'm not wanting to day trade.

I'm just watching it for it to make a move when the indicators align to be honest. Today's trading was terrible for the indicators. It will go on the back burner a bit now and I will give it somewhere around another week (just a guess). But as long as it is holding this support area, I will keep an eye on it. May go no where. You just never know. It's gonna have to blow through .26 with volume to get my attention.

__________________
Learn Pincher Plays and the Basics of Technical Analysis. I've learned a lot from Greencat and CC and a portion of all sales go back to SMC.

"Always bear in mind that your own resolution to success is more important than any other one thing." - Abraham Lincoln

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Longfellow

NPWS has now set-up the way I like to see a bottom play. Looks ready to bounce up.

__________________
"People are not remembered by how few times they fail, but how often they succeed."
- Thomas Edison

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