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OYOG reported bang-up results this morning, and the stock jumped on the news. This is what happens when sector-related influences meet real results. OYOG has yo-yoed around for the past couple of months, moving with oil prices which, as I mentioned in my pitch for the company, have little real impact upon OYOG's results. So now, when the real report comes out, the stock corrects to a price that reflects reality, and thos smart people who bought the stock when oil prices dropped get to enjoy a nice pop.

 

I've seen other companies do this (NFLX comes to mind), but I have never seen one so predictable. If oil prices keep dropping, or even if they stay at today's "low" levels (remember when we were freaked out about $40 a barrel prices?), then I predict that OYOG will present another sweet entry price. This stock is a swing trader's dream, and it's tempting me to play with it even more.

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