InvestorsHub Logo
Followers 5
Posts 634
Boards Moderated 0
Alias Born 04/19/2017

Re: Ogclip © post# 1643

Wednesday, 11/15/2017 3:12:33 PM

Wednesday, November 15, 2017 3:12:33 PM

Post# of 2845
This one has extremely low volume compare to other stocks. Therefore share price is easy to be manipulated in many ways. Say if a person wants to get tax write off by eoy, he/she can sell from left hand to right hand to get capital loss for tax purpose. Or a few people put bid/ask price to scare current share holders out. When the volume is picking up, it will go back normal. That why in my previous post #1637 says it would come back 7 today.

A few days ago the bid price is .080 and i set a 20K buy at .081, didn't get filled in 2 hrs. When i withdrew the order, it was dumped at .080 very quick.

The question is what the true value is. We see its assets 40M+ and 18M+ o/s share. The share price should be at least $2+ if it is a revenue based company even with a negative net income. However, we see the patent troll company share price is counted differently,but still, it is undervalued. The court process would take more than 3 yrs. so i don't expect it pop up in short time. imo $0.2-0.5 is the true value for this one now. i am not surprised in 2 or 3 weeks it pop to $.12-.14 in a single day then dropped back again as it did before.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.