Thread: Long OPTT

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  1. #1

    Default

    Reversal Play. If it can take out 4.50 we should see this head up into the 6 area.
  2. #2
    AndrewOl
    Guest

    Default

    Just broke out, this could go quickly.
  3. #3

    Default Long OPTT

    I'll help ya, in some 4.52 here. Big seller needs to be taken out. I won't hold for 6, but I like it for a pop if that seller gets out of the way.
  4. #4
    AmandaSon
    Guest

    Default

    main1event said: ↑
    Reversal Play. If it can take out 4.50 we should see this head up into the 6 area.
    Just curious....what's the reasoning for this assumption. Is it based on any history or added value or ?. I realize there is some momentum here but it really looks like it's just consolidating into a new value after the Lockheed deal.
    If I had to put money on it I would guess 4.25 by then end of the day as the price continues to consolidate like it did the last two spikes this year.

    edit: also there is like a .04-.06 spread on the bid/ask sometimes more. Just looks very inefficient as the volume falls away.

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