OMDA Oil and Gas, Inc. (OOAG)

[jimwalters]

"I see it went up some more while I was out :)
dude you apparently don't understand my type of investing and its just beyond your comprehension to buy into something with a very low market cap I don't have the time to teach my strategy to you . So you like to invest with technical analysis have at it . Hope it works out for you "

I never said I like technical analysis. Go reread my posts. I said it doesn't work on penny stocks. Period. It works with large cap stocks with real, trading markets. OMDA does not have a trading market. It is a trade-by-appointment market. You're the one who started out spouting things about technical analysis this and bullish trends, etc.

Now you are changing your tune to be a fundamental investor? That doesn't sit well either. How could anyone who values fundamentals invest in a company that has no business, no business plan, but is thinking about developing a plan?

You say you like companies with low market caps? Great! Try something undervalued like IBM or DELL. Those companies are sure to go back up once investors return to the market. OMOG is extremely overvalued in comparison to its business -- or lack thereof -- and its business prospects -- a lawsuit that, even if won, has zero collectibility at this point.

Enlighten us as to why you are so bullish? Convince us old timers and help us understand better how to invest in these sub-pennies. I'd love to learn a better way to make money in this marketplace.