OMPI – Obagi Medical Products shares dropped to its lowest ever today closing at 6.86. Its highest stock price for this company was on November 6, 2007 where it was at 24.96.

Concerns over the performance of their 1st quarterly earnings report not meeting expectations could be a reason for the continued downfall of this stock.

How long will OMPI continue to drop? We’ll have to wait and see the upcoming earnings report, but my take is traders are heavily influencing and shorting the stock to go even further south.

Hang in there OMPI, your loyal customers love your products!