Hi Rob, Hope you're having a wonderful weekend.
Post# of 1036
Posted On: 09/01/2013 1:37:10 PM
Hi Rob,
Hope you're having a wonderful weekend.
There have been many wonderful opportunities to average down in OODH
http://stockcharts.com/h-sc/ui?s=OODH&p=D...6673672245
~ And that is precisely how we like to see the "OODH Chart of Opportunities!" ~
Not sure how many shares you have at $1.40 but lets just assume you bought 1000 shares at $1.40 - = $1400
* Now if you had averaged down when the pps was trending sideways for several months at around 0.05 to .10 - You could have Invested $2800 (double down) at the median of those two prices: say... (0.075) and bought about 37333 more shares plus your original 1000 shares giving you 38333 shares with an average price of 0.11 pps for each share.
With the pps hovering around 0.15 your 38333 shares @ .11 would be showing green in your trading account and perhaps a NICE gain right now, if you chose to take your profits.
Anyhow, hind-sight is always 20/20 and back seat drivers can really be annoying...so, with that said, I won't trouble you with anything other than this:
Long-term OODH shareholders can easily average down to below 40% of the Seventy-Eight week high (Year and a half high) or ( 1.50 x 0.40 = .60 )
Rob, you'll have to do the math for yourself... but dang.... I can't say the company has not given ample opportunity for investors to recoup every single penny from the 78 week High on a simple "Double Down" investment strategy.
Our Mission in life is to make our shareholders a boat load of money - Wish us luck !
Randy Hoff
Chairman & CEO
OODH
*NOTE: This message is not an offer to buy or sell securities and should not be construed as investment advice!
It is merely an educational example of the simple "78 Week Double Down" investment strategy, and how it could hypothetically have been applied to OODH over preceding periods of trading activity.
Hope you're having a wonderful weekend.
There have been many wonderful opportunities to average down in OODH
http://stockcharts.com/h-sc/ui?s=OODH&p=D...6673672245
~ And that is precisely how we like to see the "OODH Chart of Opportunities!" ~
Not sure how many shares you have at $1.40 but lets just assume you bought 1000 shares at $1.40 - = $1400
* Now if you had averaged down when the pps was trending sideways for several months at around 0.05 to .10 - You could have Invested $2800 (double down) at the median of those two prices: say... (0.075) and bought about 37333 more shares plus your original 1000 shares giving you 38333 shares with an average price of 0.11 pps for each share.
With the pps hovering around 0.15 your 38333 shares @ .11 would be showing green in your trading account and perhaps a NICE gain right now, if you chose to take your profits.
Anyhow, hind-sight is always 20/20 and back seat drivers can really be annoying...so, with that said, I won't trouble you with anything other than this:
Long-term OODH shareholders can easily average down to below 40% of the Seventy-Eight week high (Year and a half high) or ( 1.50 x 0.40 = .60 )
Rob, you'll have to do the math for yourself... but dang.... I can't say the company has not given ample opportunity for investors to recoup every single penny from the 78 week High on a simple "Double Down" investment strategy.
Our Mission in life is to make our shareholders a boat load of money - Wish us luck !
Randy Hoff
Chairman & CEO
OODH
*NOTE: This message is not an offer to buy or sell securities and should not be construed as investment advice!
It is merely an educational example of the simple "78 Week Double Down" investment strategy, and how it could hypothetically have been applied to OODH over preceding periods of trading activity.
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