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Microcap & Penny Stocks : Omicron Technologies (OGPS)

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To: Jim Bishop who wrote (295)8/7/1999 8:15:00 PM
From: Jim B  Read Replies (1) of 830
 
TO ALL--need your help with OGPS:

well folks... we can predict all we want to.. just remember-- whether we gap up or not is mostly dependant
upon the buying pressure that comes in before the open..

as well as what the market makers feel like doing..

I'll predict about $3 7/32 to 3 3/8 on open.. pretty wide because of the following:

1) something is up.. volume was huge last week for us on NO NEWS

2) typically when price goes up.. volume dies down.. because 100,000 shares at $1 is $100,000 worth of cash flow in/out of the stock... as the price moves higher in order to maintain volume that means that MORE MONEY needs to flow in/out.. well at $3/share 500,000 in volume is now $1.5million worth of stock trading hands and remember the float is 2million so we traded the entire float last week--thus the price movement upwards

3) price moved up the last 5 days with no more than 10% corrections in price each day but always rebounding and closing higher that same day.. again on NO NEWS

4) anyone notice that our best friend market maker NITE was on the bid buying up almost all day yesterday.. everytime another MM jumped higher than him.. he jumped up within 20minutes or so to beat their bid .. he wants the shares.. and he wants them bad... question is why? Is he short and being forced to cover because a large buyer has request their certs? did he get wind of some good news and so he himself has become an investor? NITE was heavily involved with SNMM's run from 50cents to $28/share.. does he see OGPS as the next big one? Most folks in the pennystock world know that NITE,HILL and SHRP are the ones to watch.. but NITE especially... NITE almost always is selling/shorting a stock.. but this one he's been buying? I can tell you NITE makes money... if NITE is buying.. and turning around and selling same day.. that's one thing.. but when I see him on the bid side all day and he sells VERY LITTLE.. I know something good is likely coming... add that with the HUGE DD I've done and the market they are in.. that spells big bucks for me...

the ONLY missing piece of the puzzle for me is the financing.. I will call the company this week to get the scoop.. hopefully OKsteeler and Jim Bishop will call with me so we can all grill them for answers and try to figure what is up... I specially am going to ask why NITE has been buying so much.. is he buying on behalf of someone?
Where's the financing? When are we getting real world publication exposure like Starnet did... are we even ready for that yet?

Some of us longs here can make a few calls and then post here and see what we can find out next week.. maybe we'll each be able to find out something different... or better.. we all find out the same good thing..

take care... oh and BICOTEX... glad to have you aboard.. but calm down a bit my friend.. no problem with making big claims of making tons of cash.. but go ahead and post some links to DD or state why you think its going up so high.. so that newbies will not take it as hype.. but rather as an educated opinion based on someone who really knows this company..

again welcome all newbies.. feel free to do DD on this one and point out any red flags or bad things.. and we'll discuss them... we've talked about all the good things.. let's toss over any bad things and get them out in the open.. I'll start

1) They've lost the financing once... they could do it again..

1a) We have only to go on that several weeks ago the company told us if the financing was a go that the people who were going to help OGPS obtain it would then step in and pay for a promotional campaign as a "3rd party".. suddenly we're seeing that in the PRs... but without proof.. we're still speculating on our future

okay time for good DD on this one.. pretty or not.. cuz we've crossed $3 and if we're going to move to $5 and hold there and apply for NASD listing.. and get Walstreet exposure.. we better know how walstreet is gonna tear up the DD on this one and dump us in the trash if we're not worthy...

if we are... then I'm gonna have to go pick out the color of a new C5 Corvette... which happens if this one hits $10 to $15... really need about $15/share so I can get the convertible and leather seats.. (just a dream for now)

jim
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