OPMG

Options Media Group – OMPG Riding To New Highs

OPTIONS MEDIA GROUP (OTC: OPMG) is one of the top penny stock gainers over the past one week on high volume. The stock has jumped about 67% over the past five trading sessions.

OPMG said that it has appointed Scott Frohman as the CEO of the company and Keith St. Clair as the company’s chairman. The company has signed a three years agreement with both of them.

OPMG stock started moving higher in the first week of June as it successfully completed its private placement offering for 6.15 million shares and it soared all the way from $0.10 to $0.045, a rise of 350% in just one week supported by large number of bulk deals.

Also in the month of June, OPMG updated about its new mobile phone application suite to the market.

OPMG stock consolidated around +15/-15% level, over the next few trading sessions. That means, the stock was consolidating around those levels.

OPMG Rose 35%

Then a week ago,OPMG stock started getting increased interest from penny stock lovers due to increased promotional activities and it rose 35% on Tuesday.

OPMG stock continues to move higher and rose another 10.40% to $0.08, just a penny away from its 52-week high of $0.09. Traders will continue to watch for its next key technical resistance of $0.09. Once it crosses, it would be interesting to see how will the stock react?

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