volume is the strongest it has been with upside in a very long time.
OPXS sat @ $1.00 for months and absorbing all the selling. Maybe a Bull trap, but tend to believe that earnings are positive and the news has gotten out. Many times stocks react prior to earnings and overall the information tends to be correct. Please much more volume is needed to blast off OPXS! If this is retail buying then their eyeballs are telling or eyeballs and we should see a meaningful pop. Keep in mind that the next div is payable on Jan 19th on or about for both common and warrants (.02)
the final div April 19th 2018 of (.02). Then who knows, but you must believe that once investor's get a taste for div's it is very difficult for management to pull the plug!
If the stock runs to $2.00 then the non callable warrants with 3 3/4 years left exercise @ $1.50-- the warrants being in the money would be worth at least .80 - currently trading @.28 approaching a 200% gain vs 90% gain in the common. The warrant offer the leverage. If you bought 10k it would cost $1.10 or $11,000 goes to $2.00 we have $20,000.00 you make $9000.
If you buy $11,000 worth of warrants -say @ .33 you get 33,333 warrants.
At $2.00 they are .50 in the money and with a .30 time premium yields .80 and this value X 33,333 warrants equal $26,666.00 - your return is $15666.00 in profit + $666.66 div vs $200 for the common @ .02
So buying the common you get a total of $9200 profit vs the warrants profit is $16,332.00.
I do assume a 4th Q profit ( keep in mind that i believe that the div payout will be a line item of around -$220,000.00. I think they still earn and the backlog will be record. First Q ends Dec 31st mid feb we get that results.
Finally this stock would be much higher but because of the disaster Gunner IPO and the conversion from Longview the artillery has been endless with the 10k shelling.
Tax selling should be small because since last Dec it was trading @ .56
We have all been patient and just maybe we can score without having a bitcoin
