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Microcap & Penny Stocks : Omicron Technologies (OGPS) -- Ignore unavailable to you. Want to Upgrade?


To: HEMIGUY who wrote (299)8/7/1999 9:51:00 PM
From: Jim B  Read Replies (2) | Respond to of 830
 
someone asked why this is going up? well..

why is it heading up??? that's the question i posed in my previous posts...

we dont know yet.. but clearly with such a large rise so fast you'd think it would have met some heavy selling..

but NO selling... no dips... long time since I've seen something like this on no news and no hypster pump newsletters either running it..

either a large buyer is buying up the float (possibly using NITE) or somebody is covering short shares ...
or the PR campaign they mailed out to about 500,000 investors about a month ago to 6 weeks... looks like it's paying off.. but I'm dumbfounded as to why so much buying when we dont even have the financing yet to continue operations through the year 2000...

which is why some of you are trying to tell me.. "HEY JIM.. they must have the financing you doofus-- buy more OGPS!"

well, i finally listened last 10minutes friday and bought 1,000 more at $3.03 ; my trade shows as one of the last 4 of 5 trades.. which were 4 buys.. interesting that about 9 sell orders.. some rather sizeable 3 to 7,000 shares sold at $3 with NITE on the bid... and instead of lowering the bid... he gobbled them all up willingly..

we hold above $3 next week and break over $4.. you can bet this thing is for real.. nobody buys this much stock in a company unless they've done their homework.. well maybe not.. this is mindboggling... I DD'd this one better than anyone on RB or on SI back at $1.00/share.. if you'd have asked me if OGPS was going to hit $3/share WITHOUT any new revenue news or news about the financing... I'd have said no way... but as I have said all along, the higher this stock can go before it gets the financing.. the better.. because when it does get financing.. the buyers should have no reason to stay away... and it's the only reason I haven't put alot more of my money (or my family's money) into this stock... that ONE THING is holding me back... thus I wait with some extra cash just in for that special day.

jim