Optionable OPBL coming in for landing

M

michaelscott

I had a feeling that this was a pump/dump scheme. I looked at some of the names in the SEC filings that made me very uncomfortable.

There was a gift of shares given to a certain charitable organization that is connected with a really sleazy wall street guy. I can imagine that the price was bid up, the shares unloaded somewhere over 7 and the wham, the price comes smashing down.

I wont get into names, you can read the S-4s and google the names to find out what I am talking about. Dont want to get myself in trouble for libel.
 
I never noticed anything sketchy, but the price action told me to get out a while ago. The fundamentals still remain intact, but I think the fear of an ICE/NMX merger or something of the sort making OPBL's OPEX platform irrelevant is whats driving this so low.
 
There is an S-4 back on January 24th where Mark Nordlicht gifted 1.2 million shares to the Congregation Ahavas Tzdokah V'chessed Inc.. This appears to be a Jewish charitable organization that has appeared on several other filings for non-related companies.

I believe that Mel Lifshitz is connected with this Jewish charitable organization. His name did appear on some of the Optionable filings.

This guy is a huge red flag!

http://www.thestreet.com/pf/stocks/brokerages/10266218.html
 
Here is the other red flag. When the 20 crosses the 50, then that will be the "death cross". It needs to get back to 6 otherwise this will be a huge technical sell signal and then the chart will truly become broken.
 

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The Lifshitz thing is pretty much irrelevant at this point and I dont think it has anything to do with the current price action. Technicals aren't the be-all-end all either. I'm staying away for another .70 at least, but I DO think there will be a good time to buy. The market is going to totally discount OPEX growth based on fear of an NMX merger (w/ ICE, CME, whoever) happening, and thats when I think its time to go long.

Read about 2/3 the way down and you'll see talk of Optionable.

http://www1.fow.com/articles/foweek_article.asp?storyCode=5955
 
Wow! I thought this stock was done. DONE! Then it blipped up 30% in just two days.

I dont understand where a small brokerage that employs less then 25 people and grosses less then 30 million in revenue can command such price action in the first place.

However, as I have been stating in previous threads, I never believed the market is a place about fundamentals but hype. OPBL has hype written all over it.
 
The key to that press release is Big Pete. He worked at Goldman and is a heavy hitter. Thats what is taking it up.

However, the exchange stocks are getting winded and losing the sex appeal. Thats the larger problem.
 
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