Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Optimal Robotics Corp. (OPMR) -- Ignore unavailable to you. Want to Upgrade?

To: J_W who wrote (165)	2/17/2000 5:12:00 PM
From: Thean	Read Replies (1) \| Respond to of 325

Jim, With such a panic buying day come and go, this thread is left with just two of us. We will toast each other off nonetheless. I agree that $38 is bogus and I'm quite sure OPMR will have some follow through in the morning tomorrow. However, if the market decide to be defensive (unlikely because tomorrow is option expiration) OPMR may print at less than $38 tomorrow at close - which means OPMR may have peaked in this cycle. I took some chips off the table today at $37 7/8. This is the 3rd time I'm doing this (buy in 29-32, sell in 35-38). If OPMR breaks out of $40 3/4, I expect an easy 10% move if not 20% before it peaks for the current cycle. If OPMR runs too fast too quickly and breaks into the high 40's or lower 50's, I think it will falls back to $40 to test support (future) when the insiders file to sell by mid March. Will have to buy more if it breaks out. Good luck to you.