TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

MicroMarvel is a series of articles highlighting undercovered stock with less than a billion dollars in Market Capitalization. These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile so if you do decide to add them to your portfolio I highly recommend you use stop losses and limit orders.
 

Image Source: Pixabay
 

Today's MicroMarvel is the Fort Lauderdale based bank OptimumBank (OPHC). I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11 /28 the stock gained 42.42%.

OPHC Price vs DAily Moving Averages (Barchart)

OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, NOW, and time deposit accounts, as well as certificates of deposit. The company also offers residential and commercial real estate, multi-family real estate, commercial, land, and construction loans; commercial loans are generally used for working capital purposes or for acquiring equipment, inventory, and furniture; and consumer loans for various purposes, including purchases of automobiles, recreational vehicles, boats, home improvements, lines of credit, personal, and deposit account collateralized loans. In addition, it provides debit and ATM cards; investment, cash management, notary, and night depository services; direct deposits, money orders, cashier's checks, domestic collections, and banking by mail, as well as internet banking services. The company was founded in 2000 and is based in Fort Lauderdale, Florida. 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
 

Barchart Technical Indicators:

• 100% technical buy signals
• 38.40+ Weighted Alpha
• 12.08% gain in the last year
• Trend Seeker buy signal
• Above its 20, 50, and 100-day moving averages
• 14 new highs and up 31.65% in the last month
• Relative Strength Index 84.68%
• Technical support level at $4.61
• Recently traded at $4.70 with a 50-day moving average of $3.63
   

Fundamental Factors:

• Market Cap $34 million
• P/E 5.62
• Wall Street is not following this stock

Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:

• Value Line gives the stock its below average rating of 4
• CFRAs MarketScope has a strong buy recommendation
• Only 674 investors monitor the stock on Seeking Alpha

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