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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (6344)	1/8/1999 6:48:00 PM
From: MARK C.	Read Replies (1) \| Respond to of 90042

OMPT, A rumor. Like all rumors we won't know until the story unfolds. When you invest in a rumor you hope to be in before the rumor spreads and drives the stock price up.Thanks to Tim every one on this thread who wanted to was in right at 11 or less. I remember one poster who bought cheaper than Tim did. And in 24 hours OMPT goes from 11-14+. Thats hell of a gain % wise for a day. It is Friday today and it is no secret that traders sell off going into the weekend. OMPT is not unique in this regard. But the volume yesterday and this morning says this stock is being accumulated so I believe there is probably more than a little truth to the rumor. MM's know that the traders hit the stock yesterday and I believe that is why they let it run early today then stopped it cold. They also knew that the traders would sell off at the end of the day today and they took advantage of it. I look for a quick gap down Monday while they pick up all the stop losses and then I think we see 14+ again. JMHO. MarkC.