RE:RE:RE:RE:GOOD OR BAD NEWS INVESTORS HAVE BECOME VERY LAZY. I agree. Person needs to stay patient, nimble and flexible.
On low trading volume OBE days...OBE is so correlated to WTI price.
I bought 13000 shares today and I am done. This batch I will likely sell at 4.75-4.85 range.
I kicked some out on Tuesday at 4.78-4.81 that I bought at 4.55 on the last dip and the algo traders at CIBC and Anonymus provide so good liquidity. Never have have a problem selling OBE on high volume days.
Just hope obe stays above 4.55 to make margin easier to calculate.
Down days like today are good to fill up the stock inventories. Better to buy on red days.
Still have the inflation trade going with oil....things look bright.
Tim14235 wrote: yes, agree, that is the current stigma.
So we either need to be patient and let the cash talk
or
company creates some incremental value in one way or another.
I think some things on deck might be possibly, debt deal, get off otc markets, asset sale
Still tons of shorts loaded up since the offering. Not sure why they have not covered. Hopefully they are stuck