Nanophase Technologies (NANX)

Company

"Nanophase Technologies is an industry-leading nanocrystalline materials innovator and manufacturer with an integrated family of nanomaterial technologies. The entire focus of Nanophase is nanotechnology, with two distinct and patented processes for the preparation and commercial manufacturing of nanopowder metal oxides i.e. Aluminum Oxide, Zinc Oxide, Cerium Oxide, Titanium Dioxide, and several others. Nanophase Technologies Corporation has developed a process, Discrete Particle Encapsulation, to coat the surface of its nanoparticles with a thin polymeric shell that enables compatibility of the particles with a wide variety of fluids, resins and polymers. Also, Nanophase has developed technology to permit the dispersion of its nanoparticles in water and a variety of polar and non-polar organic fluids. This allows Nanophase to supply concentrated, ready-to-use nanoparticle dispersions, eliminating the need for customers to disperse the nanoparticles themselves. Nanophase’s family of integrated technologies economically produces nanocrystalline materials, and then nanoengineers those materials to fit a customer need." (company website)

Buy

11-Jul-06. I decided to buy back in to NANX. It has recently jumped above both the moving averages on big volume, and shows promise of holding at that level.

• Price momentum (PPO) — picked up sharply in past weeks, though leveling off
• Trend (ADX) — above the threshhold (20) although buying pressure (+DI) is ebbing
• Money flow (CMF) — flowing into the stock
• Relative strength (RSI) — neutral
• Volume — big volumes on recent price jumps

Sell

31-Jul-06. Nanotech and I parted company this morning. Although the company announced "record revenues" last Thursday, the stock barely budged on Friday. When it came up a bit this morning, I took that opportunity to sell — prematurely, perhaps, considering how much higher it has gone since the order executed.