RE: RE: OPC 79 cents, PDP 76 centsYou're right. Whoever doesn't understand that should not long or short the stock. Long in particular
If their numbers disappoint again as usual, then the stock tanks another 50% in all likelihood. If they are as planned, the stock pops maybe 10 cents on the first day, plenty of time to get in after that for the big run. Did PDP pop on big news? Yeah like 4 cents on the first day, 16 since then. Did CMT, yes 2 cents and 11 since then and on the day it popped it was 4 cents off its 52-week low.
You buy and hold this stock as if you think you'll miss out on "the big day". Well guess what, its not going to be a big day unless there's a buyout offer which could happen to any company. "The big day" might be 60 to 65 cents next month, and then I'll buy in at something like 67 with the news already out and a guaranteed winner in my hand. Even if the big day were to happen tomorrow and it rose 10 cents, I'd still be correct from my call to sell at 94 cents just two weeks ago.
I assume you mean PDP not PDC. And its important to you as an OPC shareholder to know what is going on with PDP because PDP, CMT and OPC are all EXACTLY the same. With the exception that PDP and CMT have turned it around and OPC is still in a freefall. CMT and PDP are like a window 4 months into the future for OPC shareholders, assuming all goes well. And OPC is in the same place right now as both those stocks were in June, with a lot more room to fall. Everyone should recognize that this stock will easily be had for cheaper next month but should be buying the other two because they are in an uptrend and will be higher next month.
I don't need to go on the PDP board, people there are already quoting my team's analysis. They are smart over there. Its you people that need to learn. One of you had me banned because I promoted CMT at 51, PDP at 63 and told you to sell OPC at 94. Well who's been right so far?