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Microcap & Penny Stocks : ONPT - A 52wk high price and volume -- Ignore unavailable to you. Want to Upgrade?


To: James Fulop who wrote (246)11/12/1997 6:01:00 PM
From: Troll  Respond to of 375
 
I watched, just as you did, when everyone jumped ship. They came out with better than expected earnings, which in this market didn;t mean a thing.

I expect good this from this co. long-term (for me 6-12 mos.) We've pushed the 2 3/4 level on more than one occasion but cannot break through. I expect a recovery to those levels by next week. (Unless the market continues crumbling).



To: James Fulop who wrote (246)11/12/1997 7:30:00 PM
From: rustyjack  Respond to of 375
 
Jim, I think the earnings and revenue growth looked very good.
But,as in past quarters,the stock tends to move up prior to release and sell off on the news. Considering the terrible atmoshpere of the market today, and the relatively small drop in ONPT's price, it looks to me like the market may be ready to believe that this company can sustain the recovery it has made in the past several quarters.
I think you will see a slow and steady rise in price going forward.
IMHO,Watching closely,
Ron



To: James Fulop who wrote (246)12/10/1997 6:49:00 PM
From: James Fulop  Read Replies (1) | Respond to of 375
 
Anybody know why we had such high volume on this drop in price? Any info would be highly appreciated. (Year end cleaning, perhaps?)