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No one can legally short penny stocks unless they're a licensed marketmaker. You're example is for a company that qualifies for shorting.
Whoever has OPTI's email send them one to contact India. They have a major problem there. What are they waiting for?????
I wonder if the company has made any calls to India? Looks like they need some help and they have plenty of money.
Won't see any volume until you see real contract revenue.
Hopefully we slowly grind up towards 50. Chart looks like accummulation should begin again around this price.
I doubt the quarter will be on time. Accountants are backed up bigtime from COVID.
What a joke? Investors wouldn't care if it was delayed 6 months. Get ready to buy bigtime if it backs up. Wouldn't be surprised if it finished higher at the close.
Looks like OPTI is going to end up being a Healthcare Company.
OPTI cannot be shorted by the public but I believe all MarketMakers are allowed to short shares.
When you see the bid back down, and the offer doesn't follow, that's someone out there accummulating.
Classic accummulation going on. Perfect.
You hit the nail on the head. The most important aspect of the stock's trading is that it grinds ahead slowly upward. That will help to confirm it's validity as a legitimate going concern. It's started doing that at 58. The next 6 months should provide the transparentcy to confirm scam or bamm.
Sorry, I thought I saw something that mentioned 2pm. My post then moves until tomorrow.
Well, here we are at one of thoses day's where almost always shareholders sell on news day, or in this case, around 2-3pm after the company's zoom meeting. The 170 million dollar question is will they???
If anyone has a question for the December 29th zoom meeting, all you have to do is go to Investor@optecuvc.com and go to "Contact" and state your name and email address. Just below that that you can ask your question in the "Send Message.
This news doesn't hurt, but that's about it. We need a legitimate analyst from a legit company to come out and follow the company and deals with Boeing or Tesla would be more like it.
Everyone has too chill out. The price needs to back & fill itself to continue to base build. It's not going to happen overnight. Starting to build a base around 5, up from 3.5. Higher lows is the key, and so far it's demonstrating that.
Real proof needs to be established by a reputable firm coming out and covering the company with a named analyst. That would prove their legitimacy.
COVID will disappear. That's not the point. There products will be incorporated into everyday life. It'll be nothing more than a custom kitchen in a new construction single family home or an upgrade in new vehicles, or an additional app on your phone you pay for. It'll take the form of a service that utility companies provide for us. I'ts like that $4.99 per month you get in the mail every week to protect your water or sewer line from your house to your street. Just my opinion. Due your own Due Diligence.
Now you people are getting it. Grind up, pull back, finish higher. Slow & easy. That needs to go on for 6 months or so. If you're a trader, it's time to move somewhere else into a play with extremely high volume. This is now a long term play with the last week averaging around 20 million or so.
It needs to trade sideways to build a base with alittle consistent upward price pressure. We're starting to see that now. Slow accummulation is best here. NO SPIKING!!!. We need to see it GRIND UP SLOWLY.
Carb:
Are you hearing anything all at or are we finished??
Wouldn't it be typical for the shares to trade higher today on volume. What an opportunity to load up for long term investors. It wouldn't surprise me at all for it to do the exact opposite of what everyone expects today. Isn't the idea to buy when everyone's selling and sell when everyone's buying????????
Can't deny the selling volume has subsided dramtically.
Do I need to be stand corrected, or with 1.35 Billion outstanding shares and (Doesn't one investor have control over 825 million restricted shares??), if so, wouldn't that make the float currently at 525 million. If that assumption is correct and the daily traders disappear, the trading could get thin in a hurry???
What would stop you from fitting the technology into vehicles??
Frank: You hit it right with the GM, but forget about the Good Morning, we need GM the auto giant to include OPTI's product in every vehicle.
Carb:
If you're still out there, would you care to comment??
We need it to grind up in price slowly to assure us it's real. Big spikes we don't need. Hopefully the base building starts here.
I'd be happy to see half of that!!
Have to agree with the chart, could see 38 before it turns upwards.
Is this a heartbeat or our last breathe???
Anyone out there??
Let's not all panic, now! Same as yesterday. Spread it out to force weak hands to sell in the middle. No rocket science. Let it build its base. A 7 base is a good thing for now.
Sideways movement may last a couple of weeks due to the traders lack of inventory. It won't move until they're all loading up and at this volume pace, it may take awhile. May want to buy small on dips. Awesome chart.
The trading volume is drying up, and the marketmakers are spreading the price out to discourage large buying. That normally means a substantial move up in price once volume returns. The stock is trading thin.
Sorry, Auto companies onboard
Needs to get the aut companies onboard.
No volume????? Some news would be nice if there's still a company.
Carb:
Do you have any comments to make at this point? Thanks in advance