Optec International Inc (OPTI)

[Timingpennies]

Quarterly Reports Explained Countless hours have been spent examining quarterly reports and many other types of filings. Unless you have many many years of experience reading them and seeing how the Market reacts to them it is a waste of time.

The FACT is, the most valuable thing a Trader can do is learn how to read PRICE ACTION. Price Action is FACT. Traders Bought or Sold at a specified Price.

"Put your money where your mouth is."

Everything else is noise.

For example look at UBER. THEY HAVE NEVER MADE MONEY. THEY ARE OPERATING IN THE RED. If you think the financial statement is connected to the stock price you are on crack.

Why is UBER Market Cap at $83 Billion?

Traders/Investors don't want to miss out on the future. UBER most likely will have autonomous cars and they will be making money 24 hours a day with robots. Many many robots. It'll be like a money printing machine!

Traders are doing the same thing with OPTI. They are looking to the future. They are trading right now based on projections of what impact a $2 Billion deal will have on OPTI future income. They also know one big contract executed correctly will lead to more.

People also know that when David Ojeda, Kevin Harrington and 3M are involved big things can happen.

In the short term price might fluctuate for several weeks. This is normal price action for any stock. If you were in this stock from 07/09 to 07/27 it would have been frustrating. But after the long consolidation it ran 800% in 8 trading days. If you're watching this on the 1 minute chart and watching your P/L it will probably tap you out. On the other hand this thing could run way up overnight.

NO ONE KNOWS WHERE THIS WILL GO

IGNORE THE NOISE

HAVE A PLAN AND STICK TO THE PLAN

MANAGE RISK

GLTA Longs