{"id":1257,"date":"2012-07-18T19:32:01","date_gmt":"2012-07-18T23:32:01","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=1257"},"modified":"2012-07-18T22:54:19","modified_gmt":"2012-07-19T02:54:19","slug":"neologic-animation-fails-to-make-the-grade-today-on-heavy-volume-nani","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/neologic-animation-fails-to-make-the-grade-today-on-heavy-volume-nani-1257","title":{"rendered":"Neologic Animation Fails to Make the Grade Today on Heavy Volume (NANI)"},"content":{"rendered":"<p>Neologic Animation (OTC: NANI) suffered a setback as the stock declined 10% today. Shares of the educational and entertainment company ended the trading session at $0.134, or down 1.5 pennies from last night\u2019s closing price. Most noticeable was the number of shares traded during the session. Over 3.8 million shares exchanged hands today, which towers over the average daily trading volume of 497,000. Traders looking ahead will have to decipher what signals this spike in volume is sending.<\/p>\n<p>Shares of Neologic Animation jumped out of the gate this morning, hitting its intraday high of $0.164 in the first 30 minutes. The first half-hour of trading also saw nearly two-thirds of the day\u2019s volume trade. The stock slowly declined the rest of the day as volume trickled in. The closing print was less than a penny above the low for the day.<\/p>\n<p>The stock began actively trading five months ago. Since February, share prices have touched a low of $0.04 and a high print at $0.20. From early May until the end of June, Neologic Animation share prices had increased five-fold.<\/p>\n<p>The Chinese company formerly known as Narnia Corporation is an after-school education website that combines learning along with entertainment. The website uses Flash games to explain subject knowledge. The games can be interactive and are capable of linking a community of users. Subjects covered on the website include art, music, science, math, language and cultural education. What, they don&#8217;t have gym? The company faces numerous competitors within China.<\/p>\n<p>Activity among newsletters promoting the stock was also brisk today. Penny Stocks Guru, Stock Reports, The Stock Psycho, Darth Trader, and Explosive Penny Stocks released comments on Neologic Animation.\u00a0 The Stock Psycho and Darth Trader have been compensated up to $100,000 each for their promotions. <a href=\"http:\/\/stockpromoters.com\/View-Stock-Promotions-By-Symbol.aspx\" target=\"_blank\">Stockpromoters.com<\/a>\u00a0lists a total of 62 promotions for the company.<\/p>\n<p>Penny Stocks Guru also took note of the news that Mr.Chen, a pioneer in the Chinese interactive gaming industry, has joined the board of Neologic Animation<\/p>\n<p>On June 25\u00a0and 26, 2012, about the time the stock peaked, PSCircle put out several notes on the stock. The comments can be viewed on <a href=\"http:\/\/stockreads.com\/Stock-Newsletter-Search.aspx?q=nani\" target=\"_blank\">Stockreads.com<\/a>.<\/p>\n<p>Twitter has not lacked commentary on Neologic Animation over the last few days. On Monday, <a href=\"https:\/\/twitter.com\/StockPycks\/status\/224871308910006273\">@StockPycks<\/a>\u00a0had this to say, &#8220;$NANI indeed and some very good news coming.&#8221;<\/p>\n<p>Some recent headlines on the company include:<\/p>\n<ul>\n<li>Today, July 18, 2012:\u00a0<a href=\"http:\/\/www.marketwatch.com\/story\/neologic-animation-inc-well-positioned-to-benefit-from-the-booming-virtual-community-gaming-industry-5-billion-generated-in-2011-2012-07-18\" target=\"_blank\">Neologic Animation is well positioned<\/a> to benefit from the booming virtual gaming community. The story highlights how the company\u2019s Flash game is designed to support 100 million primary school students. The multi-player game industry\u00a0in China generates $5 billion in revenues with plenty of room for expansion.<\/li>\n<li>July 16, 2012:\u00a0Neologic Animation opens a\u00a0<a href=\"http:\/\/www.reuters.com\/article\/2012\/07\/16\/idUS95257+16-Jul-2012+PRN20120716\">marketing center<\/a> in Shaghai.<\/li>\n<li>June 28, 2012: The company plans to initially reach <a href=\"http:\/\/www.marketwatch.com\/story\/neologic-animation-inc-plans-for-future-expansion-to-initially-reach-over-600000-customers-and-200000-online-users-2012-06-28\" target=\"_blank\">600,000 customers<\/a> and 200,000 online users.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Neologic Animation (OTC: NANI) suffered a setback as the stock declined 10% today. Shares of the educational and entertainment company ended the trading session at [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":1275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[104],"stock_ticker":[],"class_list":["post-1257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-small-cap-stock-news","tag-nani","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Neologic Animation Fails to Make the Grade Today on Heavy Volume (NANI) - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/neologic-animation-fails-to-make-the-grade-today-on-heavy-volume-nani-1257\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Neologic Animation Fails to Make the Grade Today on Heavy Volume (NANI) - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Neologic Animation (OTC: NANI) suffered a setback as the stock declined 10% today. 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