a patch with nanoparticles... , page-11

Westhx,
My whole portfolio was not a pretty sight today.
I will have to watch what OBJ will do when trading tomorrow. Signs in London are that worries over Greece and Portugal are being shrugged off....for now.

Spec stocks are particularily vulnerable to global sentiment, the last thing we all need are credit worries to return on the global stage.
I will give it a few days to see how world markets react before I would make any predictions.
All bets are off if investors are spooked by larger issues.
It depends how quickly Greece can receive its package and wether the European Union is willing to provide the money, provided Greece is applying the demanded changes to their expenses domestically.

Back to OBJ, I dont agree with some posters here that the next half year is guaranteed to be silence on this stock. That is an uninformed position, in my opinion.
Admittedly, there was no reason that OBJ would bounce back within a week after its fall, just as it did after the former extension. The time frame is different this time round.

From a trading standpoint, OBJ has currently only one published time frame, the 6 months extension from 3M.
To deduct from this that there wont be any news within that time period is not logical, but obviously a practical approach of many, just go with what you know.

The frustration on this thread is understandable, but hardly confined to OBJ, its all over the board.

Wether today's break through support is a short term reaction to global markets or wether we have failed to reverse trend in general is now impossible to say.
We had some strong buying before this crisis hit and momentum was promising, I also liked the triangle forming, classical break out material, as Tringuyen pointed out.

When we had bad news regarding the Dubai crisis, the ripples of that fear were felt on OBJ for 2 weeks. I would give it a similar time frame to access again where we stand.