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The audience that now exists for OMDA is MASSIVE, all the company needs to do now is keep following through on their promises and it'll continue to rise in price for the next several years.
After a 3500% approximate gain in less than three weeks and zero days closing red this correction into a long holiday weekend was way over due. What is very bullish for a microcap stock is recovering quickly after a day like this.
With many of us anticipatory of news next week once or twice, good solid news, we will pick up where we left off this morning.
.0015 to .055 in less than three weeks, WOW!!!
Imagine the stock with pinksheets.com "current" soon for OMDA, a full blown audit complete, Oil over $80 a barrel again, pictures and video of all of our 160 plus producing wells on the company site for all to see, production reports on the site also, a possible Joint venture and zero dilution.
WOW!!
I'm so confident that we at least hit .05 next week that if we don't I'll retire from IHUB forever, back to lurkville.
I expect more but at least at .05 I feel very good about my investment.
Outstanding shares is 242 Million, Authorized is 250 Million.
No raising the authorized, or splits without all of us voting on it.
As production increases, as oil prices increase so will the price per share.
Meanwhile the float is shrinking.
Zero shares issued in 16 months.
No preferred shares exist.
This dip was due. The float is not growing, it sounds like it never will, not without our vote.
News has been stellar, all the right things are happening here, we recover tomorrow and Tuesday.
.05-.06 next week
I can feel it.
OMDA is .07's next week.
This is profit taking and panic BUT.. The float is still small and I bet the news coming eclipses what we have already seen.
We bounce hard soon, a LOT is anticipated
Sellers will cry next week. Sorry for you all but congrats if you made a lot!
This is the DIP we all wanted, when it's .085 we'll remember today.
SAME shake as yesterday, we were .0345 and dropped to .027 and then ran to .048 =)
Market maker shake for our shares
I love it!
BOOM!!
easy .064 coming today
.055 buys pre market!!!
.05 bid!! gapping!!!
HUGE REVENUE for OMDA Oil!
I feel we open at .054
BEN
They bought it May 25th, that's all I was pointing out. they had sold at .009 before that.
56 and still making this your life. You are OMDA's good luck charm, thank you.
Go OMDA!
NITE bid uptick in price 40 minutes before the market open!
READ THIS!!!
http://americanbulls.com/StockPage.asp?CompanyTicker=OOAG&MarketTicker=OTC&TYP=S
They put out a buy also.
BEN
Welcome back after your IHUB ban. You really are good luck for OMDA. I give you att least half the credit for this run. We just do the opposite of what you say.
Truly appreciate you tipping your hand like that.
Prefereds were cancelled, Barnett doesn't control the vote anymore, the authorized is not 10 B anymore, the audit is in effect, the suit was won
Not a positive comment at all from you after all of that?
Speaks volumes PK
.10 next week or the week after is just fine. .06's today works, especially since we bought at .001 right?. You were a genius for buying a few million shares at .001, that's only $100,000 right now three weeks later from $2000 invested. No dilution for 16 months, the win with the Partial Summary Judgement, etc. You had a feeling and you did it, you're up huge and made back all your pre split losses, great job man.
Ben was warning people at .001 a share to not buy, that was a 5000% gain ago. He's OMDA's good luck charm. I guess Miles007 was banned forever Patrick.
Thanks for us doing the opposite of what your advise has always been.
Thanks for being a man of your word and staying peaceful after you agreed years ago.
Go OMDA!
The OMDA market cap is still undervalued at these levels and possibly over .20.
.063 today and I will be jacked up!
SKYGIRL
Hard to give advise, we all got lucky here ROFL
Going into the long weekend it could dip, I'll be looking to buy more after today's absolute price explosion that is imminent.
OIL REVENUE and massive proven reserves, a great combination!
I own a ton! This gain has made up for a rough 2009 I had, This is buy a new house money so far, thank you OMDA!!
FUNINTHESUN
I have never been part of such a BIG opportunity to make money and have such control of my investment, and yet, not do any work.
ROFL
MT77
You keep that crystal ball out, you da man!
LAYUP
Yes, the "PAST" here was sour, but things have definitely changed since the lawsuit was won by OMDA.
Sometimes massive EGO's don't have the ability to stop, their minds are not strong enough to stop. They are a slave to their addiction and rage.
OIL REVENUE! One Million plus Barrels in the ground proven to be harvested by OMDA's operator.
At $100 oil soon our balance sheet will be explosive!
NO dilution, that's what is great, and there can't be more without a proxy sent out and majority vote from all of us shareholders.
TheOzz
Good morning, great pick up of this stock when you stepped in.
See you at .063 today!!
Yes this stock goes to .06's today, yes there will be the occasional healthy mini dip intraday BUT you may not get back in under .08-.09's next week. Be very careful letting go just because it's a 3 day weekend. MASSIVE MASSIVE news for OMDA today. The news keeps getting substantially better, I can only imagine where we go by June end.
STAGE 2 next week is going to be more sicker also!!
"OMDA expects to release the next Concord Dome Update within 7 to 10 days. In that stage 2 report the company will provide more detailed information and a more specific breakdown, including engineering report findings which are forthcoming and will be passed on to the public."
I cannot wait for this!
"Within the next several weeks OMDA plans on sending one or more members of its management team onsite to meet with the company's drilling partners, tour the facilities, walk every lease and get a firsthand look at the progress to date, as well plans for future drilling. During that visit, detailed pictures and video will be taken of the property, wells, equipment, tank batteries, etc. and placed on the company's website as promised for the benefit of all current and prospective shareholders."
"Third party reports estimate the long term potential of the existing wells on Concord Dome to yield over 1 million barrels of oil. Surrounding the Concord Dome is a vast area of land in the hundreds of acres which may be available for acquisition by OMDA, and is projected to have as abundant an oil supply as Concord Dome itself."
"Concord Dome Lease Revenues "!!!
Without new dilution of OMDA, possibly forever this stock could just keep going. Especially with the good luck charm we have on board being negative every post for years. Fatnhapy, that was your 1,000th negative post, You DA Man!!
Go OMDA!
The Joint Venture opportunity sounds great also, MORE revenue!
SPATELSPD
www.omogoil.com
News link, read those 5-6 releases and read todays.
http://finance.yahoo.com/news/OMDA-Oil-and-Gas-Inc-Issues-iw-863637519.html?x=0&.v=1
REVENUE is beautiful! It also seems like a LOT more is to come.