As a member of the original '216 club', I'm a LT investor spting a product with the potential to do real good. The challenge is to get the product noticed by relevant parties before the originating party (OIL here) goes bust.
In practice the need is not for A good news Ann, but rather a good news Ann followed reasonably quickly by another good Ann. One gd Ann generally generates a short term flurry of activity (seen here), with sp returning to previous levels or lower, as SHers losing faith use the opp to get out.
Only with multiple Anns is a sustained move possible - I see current parallels with AVH, again a 'do real gd' product and a sp that has done little for a long time, until recent multiple +ve Anns. In short, OIL's sp is likely range bound until the recent gd news is accompanied by a +ve follow up. We are getting there, so have faith, but don't hold your breath yet. All IMO...Pt
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19.5¢ |
Change
0.010(5.41%) |
Mkt cap ! $162.8M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.0¢ | $18.63K | 96.84K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3235 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 54925 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3235 | 0.190 |
1 | 43706 | 0.185 |
3 | 96027 | 0.180 |
1 | 10000 | 0.175 |
2 | 20228 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 54925 | 3 |
0.205 | 50000 | 1 |
0.210 | 22129 | 3 |
0.215 | 87500 | 3 |
0.220 | 785000 | 3 |
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