OPMRF Message Board - Msg: 4092992

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Microcap & Penny Stocks : OPMRF

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To: Ruby who wrote (193)	4/16/1998 9:05:00 PM
From: Thean	Read Replies (1) of 283

Unless OPMRF makes an announcement tomorrow, OPMRF may retreat a bit tomorrow from its inability to close above $15. Heading into the weekend without certainty about this overheated market is a concern for a lot of traders. Actually OPMRF have big volume today but there were big volume sellers as well. So I'm not as positive about tomorrow as I want. However, if a good news come out tomorrow everything can change. The longer term chart certainly looks good. There is this urgent waiting for a major news to be announced and I don't know how long OPMRF can sustain at this level (without breaking $15) without news. Setting stop on OPMRF is risky in low volume days but in high volume day it should be interesting to see if MM moves down to clear stops.

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