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Re: billytbone post# 52797

Saturday, 10/24/2020 3:37:03 PM

Saturday, October 24, 2020 3:37:03 PM

Post# of 90773
"thinly traded stock"? Really? This is what I found regarding the average trading volume of a penny stock:

Most penny stocks trade only a few thousand shares a day. However, when a penny stock has breaking news, they will often trade at 40-50x relative volume achieving 5 to 10 million shares of volume on a big day.



Opti's average trading volume is 46.9 million!

And as far as OPTI being a "scam" stock, I will repost my earlier post on this topic:

I would like to take this opportunity to once again address the constant "scam" attacks against the CEO of OPTI, Mr. Roger Pawson. This quote talks about Cal-Bay, another company of which Mr. Pawson was President and CEO:


Quote:
A phony news release claimed that Cal-Bay was sold to RE/MAX International Inc., one of the country's largest real-estate corporations based in Colorado, for $6.25 million after two months of negotiations. It said that RE/MAX would offer Cal-Bay shareholders $6.25 per share for Cal-Bay stock, which traded for less than $1.

Pawson said Cal-Bay officials caught the news release and removed it BEFORE potential investors could use it to buy the stock and artificially increase the price.


Mr. Pawson himself CAUGHT THE PHONY NEWS RELEASE which was actually beneficial for HIS OWN COMPANY and REMOVED it BEFORE the stock price could be artificially inflated.

That absolutely does NOT sound like a scam to me!!!