Jeff,
Just a few thoughts:
1. There were many investors in this well below $1. I do not think it unreasonable to assume that many, including myself, took some profit off the table.
2. Two weeks ago the established base on OZON was $.84 or there abouts. Today it is establishing a base of $2.00. I do not think it unreasonable that OZON pauses before its' next move upward, assuming of course that the story continues to unfold as it has been laid out.
3. Today at noon 140,000 shares have been traded with two large block purchases. We could see another 250,000 - 300,000 trade day well above the average volume.
4. It would behoove us all if OZON announced some contracts but the larger issue is the company itself and its' potential product. IMO the stock will only run so far on speculation of product. We have collectively thought that price could be $6-8. Perhaps, just perhaps, it will be $2-4. Time will tell.
5. It sure would help if we could get a better handle on the potential contract timetable.
6. Finally, I still think this story is an exiting and viable one but I am in another stock that is exciting and viable and it has hit a wall at $4 until there is proof of product.
7. I wish us all the very best especially those who bought last monday. It is to early to despair.
Just my thoughts, for what they're worth.
Regards,
HG |
