Organic Potash Corp C.OPC

OPC vs CMT back in June

[BrutalTruth5]

The day where OPC went up to 90 cents from 80, I warned everyone that its a bear trap and looked like how CMT traded on June 15. It seems today is a lot like June 21 where CMT dropped 6 cents from 81 to 75. You can see where it headed in the subsequent weeks.

If you like OPC, wait for it to bottom out then come back up a bit and stabilize for a few days. The 20-day MA has to move above the 50-day MA before anyone can consider this thing a buy.

Date	Open	High	Low	Close	Volume	Adj Close*
Jul 19, 2010	0.58	0.58	0.56	0.57	138,800	0.57
Jul 16, 2010	0.58	0.59	0.57	0.57	485,500	0.57
Jul 15, 2010	0.58	0.58	0.57	0.58	303,900	0.58
Jul 14, 2010	0.58	0.58	0.56	0.58	483,800	0.58
Jul 13, 2010	0.58	0.59	0.56	0.58	900,100	0.58
Jul 12, 2010	0.57	0.59	0.57	0.58	496,200	0.58
Jul 9, 2010	0.58	0.59	0.57	0.59	476,000	0.59
Jul 8, 2010	0.59	0.60	0.58	0.58	384,200	0.58
Jul 7, 2010	0.59	0.61	0.58	0.59	652,900	0.59
Jul 6, 2010	0.61	0.61	0.59	0.61	823,300	0.61
Jul 5, 2010	0.60	0.61	0.57	0.60	1,890,400	0.60
Jul 2, 2010	0.59	0.61	0.58	0.59	519,800	0.59
Jun 30, 2010	0.61	0.62	0.58	0.60	2,050,000	0.60
Jun 29, 2010	0.64	0.64	0.60	0.62	606,000	0.62
Jun 28, 2010	0.67	0.67	0.63	0.64	582,700	0.64
Jun 25, 2010	0.68	0.69	0.65	0.67	952,800	0.67
Jun 24, 2010	0.67	0.68	0.65	0.67	932,600	0.67
Jun 23, 2010	0.68	0.68	0.63	0.68	1,787,600	0.68
Jun 22, 2010	0.74	0.75	0.65	0.68	2,147,000	0.68
Jun 21, 2010	0.80	0.80	0.73	0.75	1,648,200	0.75
Jun 18, 2010	0.80	0.83	0.77	0.81	1,473,500	0.81
Jun 17, 2010	0.80	0.80	0.77	0.79	406,600	0.79
Jun 16, 2010	0.79	0.81	0.77	0.78	809,300	0.78
Jun 15, 2010	0.75	0.80	0.75	0.80	2,373,200	0.80
Jun 14, 2010	0.72	0.75	0.71	0.73	1,334,900	0.73