Haha, you're sharp, DJ! Thanks for the link, I hav
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Posted On: 11/28/2018 3:32:41 AM
Haha, you're sharp, DJ! Thanks for the link, I haven't used Yahoo finance much in the past few years and didn't realize it was so easy to pull up a year's worth of hi-lo-close and volume data.
All it takes is about 30 to 60 seconds staring at that to see what a huge value there is in the recent buy-op dip in the ONCI pps. Like you, I'm glad I had a few dollars freed up today (well, now it's yesterday, lol). I didn't grab a ton, but I'm already holding a boatload.
With a 10-day dollar volume average of about $25K and average daily share trade volume of 1/3 of 1% of the O/S, the dip presents a 25%+ overnight gain for those buying 15's when the price bounces right back to 19's. And then, with the comfort of that gain buffer to hold long for the big gains is just... lovely.
Best to you!
- MFN
All it takes is about 30 to 60 seconds staring at that to see what a huge value there is in the recent buy-op dip in the ONCI pps. Like you, I'm glad I had a few dollars freed up today (well, now it's yesterday, lol). I didn't grab a ton, but I'm already holding a boatload.
With a 10-day dollar volume average of about $25K and average daily share trade volume of 1/3 of 1% of the O/S, the dip presents a 25%+ overnight gain for those buying 15's when the price bounces right back to 19's. And then, with the comfort of that gain buffer to hold long for the big gains is just... lovely.
Best to you!
- MFN
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