Ron - I hope also, that the stock is climbing still a bit BEFORE the Earning Report.
I have here some questions to you last mail:
" ... However, this may not occur,since so much of this trading in the month has been on the sell side. The MM's seem to have collected a pile of this stock. ..."
1.) How can you "track", how many SELLERS and BUYERS are there ? Is there a WEB side etc. for this ? Or is this an assumtion from you - due to the fact, that BIG CHUNKS means in this case many small Seller and ONE-SINGLE Buyer ?
2.) The statement, that the MM is the Buyer, is rather an assumtion ? But based on what ? (Please tell me - even it is just a "feeling" or "an experience from earlier similar" cases etc.)
3.) Also - according to ONPT Earnings, they should have at the moment around 2 Cents profits until now. This makes at the moment a P/E of about 50. Now, if we "assume" that they are making additional 4 Cents now, it will bring it to 6 Cents. If so - then the P/E is now at 100/6 = 16.6 => this would be still cheap. Isn't it ? I am sure, that they will make profit this quaerter too ... the question is how much ? With the above "assumptions" it seems, that "pretty low profits" in the range of only 4 Cents could BOOST this stock - especially after the 3rd profitable quarter in-a-row.
Ron - what do you think about some "theoretical model assumtptions" like to about. Thanks for your answers for the three things above.
Regards,
Stefan |