You know, what is happening to ONSL reminds me a hell of a lot of AGPH (Agouron Pharm).
I am an AIDS Specialist, and over a year ago I got into AGPH.
The company does not have good PR, and their philosophy is actually to stay quiet (walk softly, carry big stick), anyhow, I remember that when it became clear they had the best drug in the market for HIV, and they were making a ton of money, analysts came out of the woodwork to knock the Co, Mr. Cramer came close to say they would go bankrupt. AGPH did not answer. When Entremed went on TV to show their "new discovered cure for cancer", with the rat with the dissappearing tumor, the Antineogenesis drug, which was not even on phase I trials, and the stock went up $80 in 1 day, AGPH only said they had the same drug already in Phase II-III, the stock did not move. AGPH stock which got up to $58, came all the way down to $19, Short interest was incredible. In the past 3 months AGPH showed huge earnings, got added to the SP, and started trials for the common cold treatment/cure. They are back up to almost $60. And management still is quiet.
Bottom line,WE DO NOT KNOW WHAT IS REALLY GOING ON, ANALYSTS ARE JUST THAT, ANAL-YSTS. And Cramer is in business for himself.
This is the market, we are in the business of making money,everyone has their own formulas, and ideas. EBAY is EBAY, not ONSL. If you believe in the Company you hold the stock, you trade options, short or whatever else to make quick money. But I laugh at the stupid posts that I keep on reading, (and this is far better than the Yahoo thread, which I gave up)
I think it would be far better if we wrote real things that really made sense. I (or anybody with a brain) willnot change my mind based on a post.
Sorry for the letany,
G-night
JLL |
