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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: M. LaMancha who wrote (12264)2/18/1999 8:51:00 AM
From: Fred Puppet  Read Replies (2) of 122087
 
Speculators have bid up OMGA in anticipation of the new products, blowout earnings, and a takeover. The takeover turned out to be a rumor started by momentum traders to help push it along. The earnings were 0.09 for the year on a $9 stock. Now, people are holding on in hopes of something great on the official date of the product launch. After that, they will have nothing to look forward to and OMGA should drop fast.
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