@VivaLaVida thanks for the positive feedback and the @seagull reference! As a courtesy I went back and read you recent OGX posts again and I have to say that I totally agree with you. History of this mine/company is still having a major impact on the SP and I also agree that Traders do in fact have the upper hand at the moment. Day Traders love this type of volatility. The only way I would trade OGX at the moment is on an intra-day basis, but as I don't have access to an intra-day data feed this is beyond my capabilities at the moment, and this isn't the type of trading I would use for low cap spec stocks anyway.
By the way, for all those HC readers/posters that seem to think that day trading means short period multi-day trading (and there seems to be a lot of them), it doesn't! Day Traders by definition liquidate all their positions at the end of the day. They believe that the risk of holding positions overnight is to high, this is probably due to the fact that to make a decent return day trading you need a very volatile SP or are able to leverage your position via futures contracts, options or CFDs.
I also agree that long term holders will just have to grit their teeth and tame their emotions through this volatile period. I respect your view re OGX's fundamentals and will be watching for a new technical entry setup for OGX in the future. Good luck to all the long term holders. Watch the share price and volume traded. It will let you know when the positive view of the OGX potential and fundamentals is gaining consensus with the holders of the one billion plus shares on the register.
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