Options Media Group Holdings, Inc. (OPMG)

[trader53]

How to know the price will soon rise !

One of many reasons to know this is "Economics 101".

Prices will rise, when inventory is low.
This works will Real Estate, just as it does with stocks.

How do we know that the inventory of stock is low?
You can tell by the Bid/Ask spread.

Have you noticed lately how the MM's are keeping the spread wide?

The other day the Ask was at 0.023c, when the Bid was at 0.015c
There were lots of buyers at the 0.022c Ask price, and hardly any sellers at the 0.015c Bid price. This means that buyers were willing to pay the higher price of 0.022c, they wanted in at the price they could get the stock at. They had to pay up if they wanted the stock. This tells me that, the shorts are getting scared of an approaching rise in the price of the stock, and need to start covering their short positions quickly, before they have to start chasing the stock up, which will cause them to lose their profits they've made on the stocks decline recently.

Now is the time to be BUYING. Soon buyers will need to pay 0.04c, if they want the stock.

2nd QTR results will be out on August 15th. Today is August 5th.
In less than two weeks, the stock, currently at 0.016c, yesterdays close, will climb rapidly, in anticipation of the NEWS, and then sell-off.

Remember this:
Stocks always go down sharply before a release of NEWS.
They are driven down by MM's who accumulate at the lows, and then capitalize on the stocks appreciation, as it climbs in anticipation of the NEWS.

http://stockcharts.com/h-sc/ui?s=OPMG&p=D&yr=0&mn=6&dy=0&id=p59697588480

My target near-term is for 0.04c, within the next 10-trading sessions.