News Focus
News Focus
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photog321

06/09/10 9:48 AM

#28861 RE: daytrder #28860

Hell, he can't even dilute if no one is buying.
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tradinguru

06/09/10 9:49 AM

#28862 RE: daytrder #28860

I dont believe it is dillution at all. IMO, it is the really low volume that OWVI is experiencing. Low volume easily allows the MM's to walk down the price. The volume levels, for the most part, have been horrible for about 2 weeks. And in this time the PPS has dropped off steadily with slight upticks on the daily just before close. This in turn has saved us from being lower than where we are today.

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herbster

06/09/10 9:50 AM

#28865 RE: daytrder #28860

This stock is unbelievable with good news the pps goes down. This is a very frustrating stock. Gives us a break. With the way this stock operates who knows what the bottom is.
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ryall12

06/09/10 9:52 AM

#28867 RE: daytrder #28860

i think it is more the lack of explanation. prior basically said he needs more money to open more locations. well todays pr tells us he is using the money the way he said he would and previous prs stated the locations are doing well.
if dilution is used to raise money to increase the business it ends up increasing pps. yes we need audited numbers to show this. i only mention as anyone new or who hasnt followed closely may interpret this as a stock just suffering from dilution with fluff prs meant to raise the owner money.

that does not seem to be the case here. i believe it is just the method causing the price apathy, not the action. we have members who have called locations, they exist. they are being used. this is a growing business. it is growing according to plan. remember we just barely started year2 of owvi. most business plans run 3-5 years out. most are not profitable in any way the first year. some go on to become giants. anywhere in between is fine with me...
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Goldrush2001

06/09/10 9:53 AM

#28868 RE: daytrder #28860

Or the fear of dilution.

The dilution has to be what's killing us right now. There's no other explanation.