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

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To: rustyjack who wrote (103)3/31/1997 1:53:00 PM
From: Stefan Habermayer   of 375
 
Ron - buddy: Are you still IN ? Too many profit takers pushed down the price again. There have been one more time the "small guys". Over 100,000 shares without a single large block.
Sure, I could have make a quick 30% today - but I just didn't. Who the hell knows why ? Sometimes you wait for 2 years and then you cannot decide in 2 minutes. Stupid, but it is so.
Seems, that ONPT is not only waiting for the LAST day - but until the LAST minute too (after Closing the Market).
Lot of hectic in the stock: run all the way up to 2+ and coming back to where it started before the weekend. Seems, that most people STILL don't know much ? At least, there is no clear direction: Up, Down.

Are you still in ? I am in, and if you ask "WHY": it is because of this 400,000 shares block 2-3 weeks back at 1 3/8.
If the Buyer is not a complete idiot, then the Earnings should be good: either Q4-96 from today - or Q1-97 in one month.
Of course, it is also possible, that *that* "Buyer" was a kind of MM and already sold in the meantime everything. Then we are "screwed".
Ah ! Who cares - I wait then two more years, that's it !
Regards,

Stefan
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