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Wednesday, August 03, 2011 10:12:11 AM
I starting adding at the 34ema (.052) and said set stops if .05 broke. Sadly, I was selling a lot at .05 yesterday when it did. The breakdown was a surprise to me technically and is pretty big if we dont get back above that level soon. I started buying back again at .044 this morning since thats close to St Clair's option pricing of .0445. See if that provides a base number.
Still as much as I fundamentally like OPMG's future, you have to swing this stock in lulls like this to protect your position and some extra cash.
So kudos to those who called for a break under .05. Stochasitics are now under 20 so hopefully we should level out soon.
Bula
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