Hi ratprey, OZM is down because it is trading ex-divdend now. OZM has historically paid its highest quarterly dividend in in February, $0.75 in 2013 and $1.12 in 2014, often coinciding with year end results where incentive comp from their strategies can make up a significant portion of income. The stock generally builds momentum in the couple of weeks before the dividend as the short term yield looks really good and then trades down ex-dividend. This year the stock climbed 21% from January low of $10.73 to $12.95 on February 6. The Feb. dividend was only $0.47 this year which represented ~4% on the Feb 6 high. I wouldn't be shocked to see OZM go below $11 in the next few weeks and would add to the position if it fell below $10, barring broader market downturn. Estimates for earnings for 2015 are $1.46 and $1.69 for 2016. OZM generally pays out most of its earnings in a dividend and the stock generally trades at annualized dividend yield 10 - 12%. I could see this thing touching $14 - $15 later this year but I wouldn't expect more out of it if those levels are reached and would consider trimming your position.
OZM generally peaks in late January/Early Feb and is quite soft until May time frame due to the large Feb dividend payout.