Case for buying NOW, but don't wait too long!
A spy at my chart above reveals that in no other time in the last 12 months has OBJ been a better time to buy. Except for maybe last week when the price was in the 06's and the doomsdayers circled. I see it as a win win situation for any buyer right now.
1/ sp coming off 12 month lows.
2/ an expectation of a new announcement at anytime (see attitudes post above)
3/ revenue to be posted in a 4C later in the month.
4/ greater revenues to be posted in subsequent 4C's
So buying now in the mid 07's ensures buying at a relative risk free price point in the expectation of the above. Even if no announcement comes and revenue disappoints, you'll be able to off load at something higher than you bought at making a tidy profit. Otherwise sit back for the ride.
One other reminder. I now sit back and reflect during any low news times and think. Somewhere in the world pretty much every minute of the day someone is buying an OBJ wand. This adds to OBJ's bottom line which will reflect in a greater sp further down the track and the success of our little company.
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Will Souter, CFO
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