Wednesday, March 31, 2010

ONP Alert Again!

If you missed this one last week you have another chance. Last weeks buy on Monday sell on Friday netted a nice return and a buy this week should be good for another nice return after April 6.

The big news that brought the stock back down to the $8.30 level was the issue of three million shares priced at $8.25/share. This is good news for the stock as it will improve the liquidity of shares which should stimulate more volume and increase the amount of institutional investors. Also look for an analyst or two to begin covering this stock soon. Most of these shares will most likely be purchased by institutions and then resold at a nice profit.

If you are able to buy at or near this price between now and April 6 you should be in for another ride to $10. Even though I just bought and sold this stock twice already in the past month and once just last week I bought again today at $8.28.

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