Omicron Technologies (OGPS) Message Board

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Microcap & Penny Stocks : Omicron Technologies (OGPS)

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To: ATL Esq who wrote (190)	7/21/1999 2:23:00 AM
From: CIMA	Read Replies (1) of 830

The other way around IMO. It appears that there is a short position (likely market makers selling stock they don't have, betting it will go down) that has been holding the share price back midst the high volume days we've had since last Friday. The shorters have to buy shares at some point to cover. Of course their expectation was they'd be able to buy the shares lower so they make a profit, pocketing the difference from when they originally went short. I'm hearing new buying intended to thwart any shorters will enter the market very soon, that is the full frontal attack. Scouser, the resident technical guru for OTC:BB stocks, says once this thing can hold at $1.75 or higher we have liftoff. This company was as high as $7.00+ in the past 52 weeks and they've got a lot more happening now than back then. It's just a matter of time IMO. Hope that helps.

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