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Microcap & Penny Stocks : ONPT (formerly LOTO)

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To: rustyjack who wrote (38)2/21/1997 6:19:00 AM
From: demo   of 61
 
I wish ONPT would have a Company Home Page on the WEB - then we might
be able to figure out or get in touch to see what's going on.
It is clear, that something "might be in the bush" - here what I found:

- Almost 300,000 (THREE Hundred Thousand) shares traded yesterday.
- Several consecutive days in-one-row with Day High Closing.
- Just before breaking the very important Technical Level of 52-weeks-high (Current ASK: 1 1/4)
- Price is picking-up in a reasonable (LESS than 10%) per day increase.
- The number of so-called "Large Blocks" have been 11 (ELEVEN !)
just yesterday. One "Large Block" means at LEAST 10,000 shares.

=> This means, that BIG BUYING is going on. Such a thing will NOT happen just "by co-incidence" without a reason.
What I try to say is, that such a concentration "Large Blocks" do NOT
normally appear in Nasdaq stocks on a normally poor day, like the almost 20 points drop of NASDAQ. Especially NOT on permenantly increasing price levels - without early profit takings ...
I am just wondering, when we will get the "first new guys" joining us on this thread. Well - I guess, that around 1,50 USD we might have a good chance to have a third guy joining us.
Well, I completly have forgotten Mark, who advised us to sell ONPT in his e-mail.
On the other hand he is right: we will, but who knows at which prices?
Do you know any idea, Ron ? (For my part, the Large Blocks make me happy enough not to think about this at the moment.)
Regards my friend,

Stefan
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