Accumulation and manipulation...OPC normally trades 2.9 million shares a day since... OPC has traded 8.2 million on Tuesday and 7.0 million shares today. It's called accumulation people.
People are picking this stock up cheap and why not... I am ...OPC has 5 quarters of cash (off BNN today) they will be well into production by then... and they are producing 19,000 barrels a day now.... I know, I know not he upgraded high quality stuff ...but its coming.
Nexen is being eye by Total and Shell right now and you can bet they are looking at OPTI as well... even before all this drop OPC was being thought of as a prime take out target... IF they want OPC for some Total or Shell shares I'll take them!
Buy when everyone is running away!
And again just because SU and Nexen and few others are up... and OPC isn't ...means very little... in this much manipulated stock. Strong hands are controlling OPC you don't see 15.2 million shares trade in two days because JOE SIX pack is scared... Joe six pack never owned that... much but they sure are cleaning out the little guys.
But keep selling your shares cheap... I won't mine I added 10,000 more to what I hold. And I 'll keep buying on the dips.
Because we are at a ridiculously low pricing here...for what OPC has in the ground and what it has built...period. I and a lot of forward thinking people can see that.
But in markets create fear and doubt and you can win some really wonderful projects cheap. Think longer term people.
Ask yourself a few questions what would it cost to build OPC now... what is the worth of OPC's oil reserves and plant structures etc. and do your own DD... I am not telling anyone to buy or sell just expressing some thoughts.
Cheers