tia,
Todays news does not explain the runup. Today's news was an extra, an unexpected extra. We are currently waiting on 3rd quarter numbers and potentially new client announcements.
But the stock is not running on these expectations. The stock is rebounding as a result of the company's recent way over due(delayed) filings, with a little PR help from a recently hired PR firm, and current holders.
As for the news being late...if you only knew. As an example, todays release mentions an acquisition of a Connecticut firm, that was never publicly announced, and was only confirmed in a recent SEC filing. Those who follow the company were aware NPSC was in talks with a Connecticut agency and with a PR firm, that it was hoped could be acquired and in time to handle the much delayed previous press. It's complicated.
All I can say is, you don't buy NPSC based on press releases, or its timeliness in releases, you buy on pure fundamentals. The company is small and has been focused on building a business. They only recently decided to hire a PR firm to handle investor contact and get their name out. The Ceo is a seasoned executive that used to run a stock exchange in Great Britian. He has lots of Wallstreet contacts, and lots of business savvy. NPSC has not really even began the campaign of "coming out".
They have clients like Motorola, that they never really announced, it just showed up as a customer link on their website. Investors of late have been insisting on the company sharing and promoting itself more. The company is responding.
So, if something caught your eye, I wouldn't second guess before getting in at these levels. Once fully exposed, the cost of entry would be considerably hirer.
Best to you...jw |
