Don't forget, the only thing OBP has shown us yet is potential. Now, as OBP draws closer to a profit margin, we can afford to be more optimistic, but that doesn't prevent us from continuing to question the company on possibility of slow down or failure of its growth plan. I have seen many small companies fail before ever getting off the ground. Ondine is subject to the same obstacles as any other up-start and it is along way from turning a profit yet. In the world of penny-stock companies, One Quarter is a long period of time.
For obvious reasons, I wish Ondine and it's longs every success, but don't forget, every one in this game, including the company employees is in this to make a profit. Profits for some are made at the expense of others. There are a few penny investors on this BB that are very unsophisticated, but I am sure they will learn.
Everyone of us who own's OBP should be asking question, not running around blindly celebrating every time the stock makes a gain. It was $2.60 a while ago - that price was the result of hype and blind greed by unsophisticated investors and aggressive promotion by underwriters. If you stagger on blindly putting money in because the company is on an upswing and fail to consider the potential for pit-falls, you will eventually encounter a situation where you wish you had sold short.
Good luck to the company and all investors.
Loading...
Loading...