RE: RE: RE: RE: use these Insider game to make youtwinpeekes...I bought 10,000 at .46 another 10,000 at .39, and 300 at .25 partial order fill - was looking for 30,000 at .25 cents but it never got filled...order it still in!
In situations like this one ...past support resistence points are useless... I follow level 2 to see where the orders and price are piling up and for most of the day that was .25cents almost 1 million at one point in the day- on the bid. and no huge blocks lining up on the other side - so I would say that some support has arrived at the mid 20 cent range.
Lots can happen but usually after such dramatic poundings a stock will come back about 50% of the retracement...so with that in mind OPC should see 35 - 45 cents in the near term.
But actually I have so little money in this even if I get the 30,000 at .25 cents that I'll just hold and ride this one for a while.
I know there are lots of others here hurting way more - and this is no fun for them - but I really don't see OPC going belly up any time soon ...there are lots and lots of ways out of their mess. They just need to get focused.