ONPT - A 52wk high price and volume Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ONPT - A 52wk high price and volume

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Allinder who wrote (73)	3/21/1997 9:25:00 PM
From: rustyjack	of 375

Tom, I agree with you that there will be profit taking when the earnings are released. When the earnings come out,all who own this stock will need to think quickly as to what is the most profitable course of action.But I think one should consider, based on the size of the (anticipated) earnings, what will be a fair market value for this stock. What will the P/E ratio be, and what are the prospects for future earnings? My opinion is that if the company has gotten it's manufacturing costs under control and is aggressively pursuing new market opportunities, then the present stock price is very low and can move to much higher levels in the short to medium term. What is the price level at which the initial profit taking may occur? We will have to see. But for what it's worth, since the first of the year, trading volume below $1.00 has been approx 731,000, while volume above $1.00 has been 3,957,000. I know I will be on the edge of my seat next week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next