Some new energy companies working the Bakken fields have recently gone public. I've got a tad over 22% out of OCTX in two weeks, and am now into OCRX. There appears to be some P&D activity about them, but that's not necessarily a bad thing if one keeps his eyes on it and doesn't get greedy. DYODD.http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s......~aj
BigCharts was unable to find a security, fund or index matching "ocrx".
"BigCharts was unable to find a security, fund or index matching "ocrx". "Thanks for the heads up. I suppose I mixed up the first two letters of OCTX with those of NORX. Proof-reading might have helped. http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s...~aj
With volume on the decrease, the sane thing to do was to get out with a tad over 19% gain. Now I'll wait and see if it follows the pattern of OCTX, and crash before it picks up steam again.P&Ds are good if one doesn't get greedy an expect home runs.~aj
P&Ds are good if one doesn't get greedy an expect home runs.They are tricky but they can be nice little earners. I tried to never recommend them here because people tend to get wrapped up in the hype even when they know it's just a P&D. Remember MVEE? lolCalabogie
"Remember MVEE?"MVEE? Who could forget it? I bought a million shares of that mother of all penny stocks, just so I could brag about my "holdings". I sold when it doubled in value, and after the commissions I almost broke even. Butfor a few weeks there I was a "Hollywood hotshot" :-)I've done two round trips in OCTX and am now watching POLR and GRPH.~aj
"I've done two round trips in OCTX and am now watching POLR and GRPH."GRPH is a loser, but POLR definitely a winner :-)~aj
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings