I think the market is wary at the moment. 1stly a lot of spec stocks I am watching are struggling or holding there position at the moment. 2ndly I think obj management and us obj supporters have cried wolf too often and new investors are waiting to see the figures before committing. hopefully this 4c in 3 weeks will start the ball rolling.
even a guy like you that follows obj isn't sure about the wands applications. out of the 6 products that smac highlighted 4 are applicable to a single product. check some of smacs posts about the 3 new wands and then we have the 1st integrated packaging product, the genoptics spot pen. there is a theory that the 3 new wands are getting the customer acclimatised to the new olay naviface wand that should be released later this year, that controls the penetration of cream depending on the ingredients and skin condition. now if you didn't realise this, people casual looking at obj wouldn't either.
lastly, things like the registration of new trademark, suggests that things regarding bodyguard are progressing. nothing to increase the sp but another factor that could swing the pendulum to the upside. the only thing to get get the sp moving is more revenue or a left field Ann, like bodyguard getting the go ahead or another major signing on. I think we may be getting some good news soon. imho.
OBJ Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held
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