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Microcap & Penny Stocks : THE OZONE COMPANY! (OZON) -- Ignore unavailable to you. Want to Upgrade?


To: trader who wrote (2647)2/19/1998 1:05:00 PM
From: Jeffrey L. Henken  Respond to of 4356
 
Why did the stock run up in October? It ran due to several factors. First was the GRAS approval of ozone decontamination which met with strong buying after a well written press release from the company. The stock started moving and after a couple of really strong days was even written up in the Wall Street Journal.

Now the stock has pulled back as we await the signing of some really large contracts. Are they coming? When? Who knows for sure. The stock is higher than it was last week and for that I am thankful. Why exactly it has moved higher on no news is subject to speculation.

Please take advantage of the subject header and the URL's available. Also read the research thread. OZON will move strongly higher again sometime this year and eclipse old highs. I am certain of that!

Regards, Jeff



To: trader who wrote (2647)2/19/1998 3:30:00 PM
From: michael redmond  Respond to of 4356
 
Trader...OZON is a momentum play right now. But the moment something comes in substantial (as in contract) it should roar. Yesterday, is a prime example of the rock and roll effect this stock experiences.

The day traders must have a huge bell that goes off each time the mere mention of news appears. To think a stock can run up 30 percent plus in an hour then recede when its determined Melinda's services were retained is evidence of its volatility.

I myself added more shares last Friday (for no other reason than price) and jumped out yesterday with a nice profit. I'll be back in again if it crawls down again. However, if it takes off on major news, I'll be happy to chase it.

My advice? wait for a pull back to 1.5-1.75 and load up.

Mike