Monksdream
4 months ago
Today, over 300 new 52 week lows
This happens when even the quality issues get sold down
Most of the new lows, like 75%, are in the NASDAQ third tier, which is mostly high risk to the point of being junk, the sole purpose of which is insider enrichment
Not all high spec companies seek to sell a solution to a problem
Some seek to solve a problem that doesn’t exist
81vette
7 months ago
I think OLB came up from otc 2 years ago,that’s why it’s past looks so bad,but for the last year it hasn’t continuously shit on shareholder’s (it was 1.20 a year ago) I looked up the history of ceo and vp built a company up from 20m to over 400M before coming to OLB, I don’t care about CEO’s nationality,it’s irrelevant,matter of fact I don’t care if they sell dog poop to dung beetles to roll into balls and sell to the Ukrainian Olympic ping pong team to use,chart is a GOLDEN CROSS+macd and momentum indicators crossed up over the bullish signal line for the first time in over a year,these events do not occur to garbage scam companies,I am not saying it can’t go down if a bad event happens but it’s highly unlikely right now,but trust no one with your money and watch the candles on the chart
Prudent Capitalist
7 months ago
Take a look at the 3 and 5-year charts here for OLB, and how many times it has traded above $10 and $15. The drops down under $3 and then ultimately $1 have been hard to explain for the past couple of years, other than the fact that OLB's initial foray into bitcoin mining could not have ended up having worse timing, just prior to the steady and prolonged drop in the price of Bitcoin. However, over that time frame Bitcoin mining was such a very small portion of OLB's overall business and revenue, i.e. well below 8-10%
81vette
7 months ago
No news in two months,they only skipped a month 2 times in many years,but did 5 prs before the none month,they wanted this under the radar until inside buys went thru,omg,I can only imagine the barrage of PRs coming now loaded with 5.4M shares,nothing like skin in the game for shareholders/investors confidence
81vette
7 months ago
No big pumpers with followers yet,they should be finding this soon,it’s #1 on my scanner,vol surge should be coming before 2 pm and another in power hour,I see this running nhod’s into close and maybe after mkt with gap up tomorrow if blackrock mms darkpool doesn’t jump on it like they do everything else,dang crooks steal everything from shareholders and the sec is in bed with them,trading used to be so easy a few years ago,charts were all that mattered and now we have learned to expect bank robbers hitting us over the head!!
81vette
7 months ago
OLB,Friday,ceo bought $600k,vp $302k,bit miner,no debt,30m assets,31m sales,ZERO BORROW,not optionable,sales up 55% Q/Q,seriously undervalued @..86 with book value @ 1.96,thru blue sky sma200 resistance @.78(formed as support now),parabolic 90% possible and death hour is over with no drop in pps,vol surge could be any min
Prudent Capitalist
7 months ago
Vice President also bought a significant new block of shares:
Olb Group Insider Bought Shares Worth $300,000, According to a Recent SEC Filing
12:00 PM ET, 01/19/2024 - MT Newswires
12:00 PM EST, 01/19/2024 (MT Newswires) -- Patrick G Smith, Vice President, on January 16, 2024, executed a purchase for 392,106 shares in Olb Group (OLB) for $300,000. Following the Form 4 filing with the SEC, Smith has control over a total of 642,929 shares of the company, with 642,929 shares held directly.
SEC Filing:
https://www.sec.gov/Archives/edgar/data/1314196/000121390024004715/xslF345X03/ownership.xml
Prudent Capitalist
7 months ago
Heavy Insider buying in OLB shares, including the Chairman and CEO.
Olb Group Insider Bought Shares Worth $600,001, According to a Recent SEC Filing
2:06 PM ET, 01/19/2024 - MT Newswires
02:06 PM EST, 01/19/2024 (MT Newswires) -- Ronny Yakov, 10% Owner, Director, Chairman and CEO, on January 16, 2024, executed a purchase for 784,212 shares in Olb Group (OLB) for $600,001. Following the Form 4 filing with the SEC, Yakov has control over a total of 5,409,701 shares of the company, with 5,409,701 shares held directly.
SEC Filing:
https://www.sec.gov/Archives/edgar/data/1314196/000121390024004781/xslF345X03/ownership.xml