TSXV:OEE.H - Post by User
Post by
bigmack1on Sep 02, 2016 12:28pm
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Post# 25203089
Classic Bear Trap
Classic Bear TrapShorts are trapped, looked like an easy short at first glance. However, yesterdays news was substantial. Markets often react more slowly then investors think. Its tempting to dive in and out on a stock with a clear upward tradgectory, but be careful. We know this to be true:
1. Memex is going to be making more money each quarter.
2. News of new companies buying the new platform will start rolling out.
3. (buy outs are very rare) BUT, not when ground breaking software/hardware save large companies massive amounts of money.
4. Heavy volume today with price increase coupled with new highs = potential gap ups dream are made on.
5. If ever there was a lowly venture stock that has the making of a blue chip, I think this is it.
We also know this to be true:
1. Most penny stock companies do not out grow their meager beginnings.
2. Dillution is always a possibility (its how these smll caps generate the cash to grow).
3. Nothing goes up for ever, there are always pull backs.
From my point of view, this stosck is a solid opportunity the likes of which rarely comes along. I have been loading steadily and am confident in everything that has been clearly depicting a bullish poweverful small cap sitting in a perfect position for larger money to enter. Smart money will be dipping into a withering float. Enjoy and hold tight.
(Please do your own DD and make your own desicions bassed on sound research).