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

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To: Matthew G Buetow who wrote (20)2/28/1997 5:45:00 PM
From: rustyjack   of 375
 
I think it was a good sign that there was no huge volume today. We did not get the old "buy on the rumor,sell on the news". The past three days have been hard on the whole market in general. I think ONPT will resume it's climb next week, but probably more slowly and on less volume than this record setting week.
This news shows that On-Point is having success with it's new marketing and is expanding into the international markets. I think we should see an increase in revenues from these new sales in the upcoming earnings report. Increased earnings are still what I believe is powering the rise in stock price.
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