Oasis Midstream Partners LP (OMP)

OMP have 30 days to emerge from Chapter-11 Dividends on the way to get pay and more much good coming!!

Well MMs got it under 8 today and now conveniently have a 27K share order sitting on the ask to highly discourage anyone from slapping the Ask to I’m possibly get back over 8 before close.

SMFH at the low volume manipulation with tons of small 1,3 or 5 share sells at the bid continuously today to keep it red the entire trading session.

There will be a MASSIVE SELL OFF tomorrow-End of week to send this down to first test the 60 Day EMA at $7.55 and then the 20DMA at $7.37. There’s nothing really in my mind that will keep this from selling back down to historical lows until the awful 2nd Quarter earnings call happens in July. It was fun while it lasted but not gonna be fun going forward for shareholders.

All IMO,

DD22

This sort of activity today and really the last week just goes to show that the market can be simply irrational as f@ck. A stock with an annualized EPS of $2.54 (w/average .54 qtrly dividend), a Yield of over 24% and and a P/E ratio of 3.43!!! W....T....F??? So that being said I’m sure it will sell back off to some $2.80 or lower bullshit because of COVID and a bunch of retards running around throwing bricks through windows and stealing sneakers.

The world has lost its damn mind. Investing world especially.

Rant off,

DD22

POFS is this $OMP. Everyone shit their pants and dump on the bid today okay??

Good. FFS. ??

DD22

Ummm well idk wtf that jibberish is that my phone autocorrected to in the previous message BUT $OMP holders are definitely getting the BBC in the pps since Tuesday’s flash run up over $12. Lol

The pps really needs to break and hold back above the 60 EMA at $8.35 or we will get to revisit the $7.20 or $6.81 level next week. Some gas price hike or positive news related would definitely help hold these recent gains.

Until then, we get the daily 5-8% haircut courtesy of sellers taking profits. A LOT OF $OMP buyers that got into this on Tuesday during the power hour surge are trapped in the $10-12 range now.

IMO this F*ckin’ COVID economy sux azz.

DD22
$OMP

Wow...$OMP with a $234K bid at $8.80. Now that’s some support so hopefully tgg by DHYI BBC will move it up too as the stock goes up.

All IMO,

DD22

* * $OMP Video Chart 05-18-2020 * *

Link to Video - click here to watch the technical chart video

thought I would try this out...so 200 @ 14.94 and down it went..i like the .49 payout per quarter...glta!!!

Oasis Midstream is one to keep an eye on. Not as well diversified as I would like, but they have been and are still working on that.