I've been meaning to comment on OPMG
for a few days and will, but first wanted to analyze how, why, and when I decided too do what I did since January of this year.
This also becomes a great lesson for me as I re-analyze all data...
1.) OPMG 'in or out' ?
There's a story here and one I think is significant!
January PTF My Post:
OPMG.0125 PhoneGuard Debuts at CES 2011 ‘New Resolution:’ SuperC 01/03/2011 02:01:30
re: edit-text_ lol OPMG.0125 Signals_UP Something to SuperC 01/03/2011 01:58:53
OPMG.0129 rebound, there are exceptions 'watch' SuperC 01/03/2011 01:48:03
Notice the time on the above posts... did I read the news first or see volume first? Volume!
That was early January!
If you check, nothing more in regards to volume, but volume dictated I look further into their products all through Jan/Feb/Mar with no significant volume change:
re: OPMG.0134 Missed yesterday's news, been following this SuperC 03/31/2011 03:11:50 AM Volume always governs everything I watch, no exceptions!
Volume also dictates A/D Accumulation/Distribution, so that when I spotted OPMG I needed to watch each day too see that if the A/D was negative? Will it turn positive as the sizzle behind the product started to develop. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62858667&txt2find=opmg
Volume.... I posted the .016 move, then it dropped right, then the next time it moved up to .015 in a surge? http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63211686&txt2find=opmg
It was obvious because I knew the volume over the past months, http://ih.advfn.com/p.php?pid=historical&cb=1264248899&symbol=opmg
watching each day, knowing the high it was and then needed again, reading news, keeping up with signals of buying, it was definitely building into a block-buster SHOW!!! And did! http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18631&srchyr=2011&SearchStr=opmg
Everyone knows of recent negative statements in both a PR and other Press.
Everyone should know this is a great product with great backing but a company strapped for cash, no question about it.
How does volume come into play now?
Notice the last 11 days of trading, but more than that noticed the last 4 days of trading.
What you see is if you analyze everything you know about this company, including a great product... is a serious drop in the VOLUME.
That's not a problem if the company can sustain itself without needing further cash.
What you should see is a company that came out with great news in January and the sizzle around this unique product began to take shape, volume helped tremendously to tell the story.
The story built, the volume rose, the news got better and better all the while it was necessary for the company too seek further cash.
Thus dilution took place and.. FOR VERY GOOD REASON! I do not fault them with that one second! You dilute if necessary into a great story if necessary and they did that beautifully! Huge spike in the A/D proved that point:
On 5/16 the A/D was a positive 5.56 million
On 5/17 it rose to 56.34 million
On 5/18 it dropped to a negative 53.35 million
that's a 190.69 million turn around, unheard of!
After a climb back up to 30 million, up and down a bit we are at a negative 24.29 million with NOT enough volume too sustain any more dilution. Check out below because the last 4 days show a huge drop in volume.
2011/05/27 .035 16,032,737
2011/05/26 .044 19,523,757
2011/05/25 .039 29,618,268
2011/05/24 .056 74,357,995
2011/05/23 .040 43,739,360
2011/05/20 .033 53,420,974
2011/05/19 .027 45,496,500
2011/05/18 .042 124,149,357
2011/05/17 .015 73,065,294
2011/05/16 .015 21,952,340
2011/05/13 .010 5,465,490
2011/05/12 .008 1,220,015
So what did others do as well as myself? We sold into the volume at the height of the 'sizzle', knowing volume would drop, the sizzle along with the emotional side of this would subside, thus thinking starts to change to: Cash Positive? Less Dilution? Now the fun is almost over and fundamentals start to take on a whole new meaning. So whats the story here?
Volume found the pick
Volume stated when to play the pick
Volume stated when to sell the pick
Volume states when to get back in the pick
Dependent upon volume this week, and a sustainable PPS, we will be buying back in but with free money, and not nearly as many shares.
We'll now call this a play for the ages, meaning, once we buy back in, we'll be in until either the moon turns BLUE or OPMG is well above a dollar! That's my short version OPMG What too learn from this:
Always analyze news and volume repeatedly.... Each Day Using:
* L2 & Last Sale
* Daily / Weekly / Monthly Volume 'backwards and fowards'
* News / Rumors / iHub Chatter
All the above into one FUN CLUSTER!! Know when a story is building
Know when a story will SOON be over
Most of all try and learn how to buy & sell WITHOUT EMOTION!!
Volume Buys Volume Sells Trade Well! SuperC & Friends