OPMRF Message Board - Msg: 4064218

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Microcap & Penny Stocks : OPMRF

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To: spucky who wrote (189)	4/14/1998 9:58:00 PM
From: Thean	Read Replies (1) of 283

OPMRF today moved back into the $14 range with relatively high volume. With a history of stock price being driven by positive news, I wonder if today is the beginning of a runup in anticipation of the IBM deal or new brokerage coverage. If they are getting new brokerage coverage, it is common to see higher volume days before actual coverage is initiated. The brokerage always let in those high account clients (at least 1/2 million) before they let in the others, before the world knows about it. BB says the stock is upper range bound by the 14 3/4 resistence tomorrow. But if we can close near that level, then breaking through that resistence will be easy the following day. I see a quick runup to $16 - $16 1/2 if either of the above scenarios materializes.

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