OIP 0.00% 4.3¢ orion petroleum limited

oipo no chance of getting in the money

  1. 9,188 Posts.
    Thanks to management.

    Cut my losses in November. Sold at a 40-50% loss. Took 1.8-2c average.

    Cant see them getting in the money with these clowns at the helm.

    Dud management = Dud deal


    Very disappointed. I gave OIP a hope of hitting 50c-75c THIS YEAR. Ha, wasn't i proven wrong. Took a $20k hit on my 2-2.5mn OIPO.

    All the best guys. But with stock price close to lows despite 50% market rebound, your going to need every ounce of luck you can get.

    All the best gents!


    fm


    ps: still hold a few oipo (thus position held)
 
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