Replies to post #22100 on 02 Secure Wireless, Inc. (OTOW)

[GREGG THE GREEK]

should not even be a second thought w those entry points HF

it would not make sense not to avg down at this point w your otow entry

your call of course but that's what i would do

[olandug]

Review of OTOW:

With a stream of positive news coming from the company, O2 Secure Wireless Inc., (OTOW) has had quite an interesting week. On Monday of last week we saw them issue a press release announcing the approval of their “COALS” Application from the FCC.

On Tuesday they announced a secured Broadband Network Agreement with the city of Palm Coast in Florida.

On Wednesday, the 16th of February, they had no particular news issue; but, the equity of O2 Secure Wireless saw a significant jump in its stock price. OTOW rose from lows of $.013 cents per share to as high as $.024 on an intraday basis. This performance by OTOW lead to it being featured on nightly newscast.

Friday news VERIFIES the solid financial foundation OTOW is built on. To have the value of this license valued at $36+ million by an outside source.

I was trying to explain how important this is to a friend of mine – I used the analogy of someone finding a large gold nugget. We all know gold is valuable (just as the license is). When you take the gold to a goldsmith or jeweler they will tell you what it’s worth – that’s exactly what has happened today. The big difference between the gold nugget & this license is the nugget does not have the same potential to increase in value and continually grow and make us money as our investments with OTOW can – especially so quickly!

We have to remember – this license gives the "green light" to harvest the (potentially) millions of dollars available in the Dominican Republic.

On Monday OTOW again announces expanions of their service to yet another community residents of Flagler County and the Town of Beverly Beach, Florida representing an additional market potential in the range of a population of 13,000

Then Tuesday O2 Secure Wireless, Inc. Announces the Valuation of Licenses in the Dominican Republic to be $36,000,000 as reported by an independent agency.

And the biggest news of all was just last Thursday:
O2 Secure Wireless, Inc. Announces Return of 500 Million Common Shares of OTOW to the Treasury. The CEO is going to reduce the number of his pesonally owned outstanding shares in effort to raise shareholder value. In essence, the CEO gave up or $10,000,000 of his own money ( calculated at .02 a share) to help increase the share price for both the benefit of his company and the investor.

Looking at the stock today, OTOW continues to consolidate at it’s new level over .01 and is gearing up for it’s next run. Possibily to it’s previous level of 10 cents that it was trading at last year.

What’s next?
It appears that like O2 Secure Wireless has big plans on in its expansion goals within Florida. The equity has had a strong week and the word is spreading fast about this young, growing, undervalued company. As of this posting, shares of O2 Secure Wireless are trading near their highest price in six months. The stock was trading as high as $0.10 a share in March 2010, and hovered near $.04 cents until July–before plummeting to subpenny status–where it has lingered until a few weeks ago.

Possible further news may indude funding, uplisting, mergers, acquisitions and further growth and substantially increased revenues from Florida and the Domincan Republic.

[hippichik]

yes, its hard to know when to avg down. I used to make the mistake of buying too much all at once. now, i buy a bit less,, if it goes up fine... if down, I buy more, etc. Just wish we had the volume we need. i am so confused why we dont ?? OTOW seems a gem to many of us.