WFL 0.00% 0.3¢ wellfully limited

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  1. 8,920 Posts.
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    mac & smac, my take on OBJ is not to re-enter until better signs of revenue and more importantly revenue growth. However smac, there has been no less than 5 swing trade opportunities in the last 3 Qs, its not like its not tradeable. But to your point mac - & why I'd not generally trade or re-enter OBJ. It would require daily monitoring for telltale trades, as it only takes 20-30 mill to pull 25% back off the SP. So IMHO most folk could not hope to get out - with as little as 2% of holdings getting dumped OBJ could be nudging 0.01. Fibs trading would not even get a look in, but a then well placed conditional buy could likewise see me back in as well. Its not like OBJ doesn't have potential, but for me its just a matter of entry timing and going in with a less ambitious revenue outlook than some posters are holding.
 
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