IT Tech Packaging Inc (ITP)

[mitcheroo]

A nominal cup&handle; on the weekly chart it's a rather short and sloppy one.

[Shaka_Zulu]

Chart looks promising, cup and handle… what's next "the" break out. technicals look strong. Looks undervalued here and now on the rise. Golden cross on the weekly coming? possible.

[1 million]

GEEZ, this is quite the sleeper, zzzzzzzzzzzzzzzzz

[1 million]

GEEZ, this is quite the sleeper, zzzzzzzzzzzzzzzzz

[1 million]

Although as this begins to get going it gets neutralized,as we are here again,had some upside,then boom back down!!!

[loubigfish]

yes I think we are in for a bull run for the next few sessions. We could see $3.30 + if the volume kicks in... I am looking forward to this.

[1 million]

Perhaps, Up it may go again,hopefully so and that it can sustain the direction trend on upward,$$

[1 million]

Amazing of this fall,seems short interest has increased,

[loubigfish]

I agree.. and it's been a steady and strong increase

[mighty face]

ONP IS MOVING!!! :)))

3's are coming!!!

[fawnpass]

Yes, should keep trending up as long as they stay on the track they are on. Given the nature of chinese stock environment should provide some volatility along the way for trade opportunities. Combination of value and growth at these levels, at this particular point in time.

[loubigfish]

We are seeing good action and a steady climb back up where this stock belongs... we are now at a 54% increase in one month.... let's see what the future brings...

[loubigfish]

Yeah Baby! It's about time we have some major movement in this stock

[loubigfish]

Well,
it's 8:45 AM and can you believe that someone is buying ONP before hours??? does someone know something?
All I can say is that it's about time this stock received some notice....

[Stream205]

Load up....going Inplay. Next China low float mover....eom

[mighty face]

I bought some more... :)

[loubigfish]

Looks like today is the day for some action... we could be on our way back to the $2.00 range.. no news yet... but we're waiting!

[loubigfish]

Looks like today is the day for some action... we could be on our way back to the $2.00 range.. no news yet... but we're waiting!

[loubigfish]

Something is happening in today's trading... I wonder if we'll see a nice 30 cent bounce.... and more
If we push past the $1.84 mark that breaks the 200 day moving ave.
A bullish sign.

[renoldman]

Bah, this is looking to be long hold here.

Preliminary financials seemed alright to me.

My average is now $1.72 ....

Let's see what happens.

[Jodeo78]

Great news here. Gapping up nicely

[TOUCAN]

going to grab a few shares here

ONP

[fawnpass]

I agree and just got back in after being out a long time. Will probably be quiet for a bit...

[Kenswift]

Looks like she can start another leg up here

[Jodeo78]

Flying today

[Kenswift]

I flipped out this am for a small profit. I will watch and wait for a trend to develop and hopefully be able to get back in.

[renoldman]

Slow week in general, many traders away.

Also, the MMs probably kept this in check.

People that bought shares at $2 or less, are probably willing to sell if they feel that this is all they get.

It also takes time for people to change their thinking about a company. If they thought a company was fraudulent, it takes time for people to see that the SEC says differently.

I bought some yesterday and added some more today.

This isn't a one day OMG 5,000% mover.

It takes time for real companies to see their value increase.

Enjoy your weekend.

[Jodeo78]

Ouch why so red today?

[Kenswift]

You are right. I often have a hard time trusting the charts. This looks good and holding up well.

[renoldman]

It's all the time you/we have spent with the OTC Pink Sheets.

You know, where the charts look fantastic because they want you to get in and sometimes never get out!

Promoters can do wondrous things for a company .... and sometimes they make garbage companies look good to us.

Unfortunately, real value takes time to manifest itself in share prices.

That's what happens when a company doesn't want to pay $1 Million to a promoter ....

[Kenswift]

Yeah beautiful so far. I have the patience of a 12 year old with ADD though

[renoldman]

Slow and steady, takes time for people to read and realize the news.

And don't forget, the MMs probably want to get some cheapies.

They were caught off guard, just like everyone else was.

[AnG5640]

http://www.topstockpicks.com/public-category/big-mover-orient-paper-inc-onp/

[AnG5640]

Check out the price target in the "UPDATE" section of the article...

http://www.streetinsider.com/Corporate+News/Orient+Paper+%28ONP%29+Surges+after+SEC+Drops+Investigation/8474048.html

[Penny Roger$]

~ $ONP ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!

$ONP has just triggered the "Parabolic SAR Buy Signals" scan criteria at Stockcharts.com
~ http://tinyurl.com/SAR-BUY ~







For a more in Depth study and DD profile, similar to the one contained in this link: ~ http://tinyurl.com/DDexample ~
Click the following link and type ticker or brief message asking me about the DD: ~ http://tinyurl.com/GET-THE-DD ~

What does the scan "Parabolic SAR Buy Signals" mean? Below is an image example and study link.
~ http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:parabolic_sar ~


To find other similar posts of "ONP" utilize the links that follow.
Search MACDgyver's "Parabolic SAR Buy Signals" posts: ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ParSarBuyScan ~
Search MACDgyver's posts for symbol "ONP": ~ http://investorshub.advfn.com/boards/msgsearchbymember.aspx?searchID=251916&srchyr=2013&SearchStr=ONP ~
Search Ihub for "ONP" posts: ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=ONP ~


For more in depth training and information visit Chartschool on the Stockcharts page.
~ http://stockcharts.com/school/doku.php?id=chart_school ~


Also don't forget the Ihub Edu Channel.
~ http://investorshub.advfn.com/boards/education.aspx ~


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[Kenswift]

Swung some ONP at 1.97 into Friday. Lets see if more investors take notice. Good value here IMO

[Ettore Bastianini]

Financials are promising that's for sure.

Also, I'm noticing a lot of iceberg bidders. This is looking more interesting.

[DeadCellShadix]

Whelp, powerhour on a half-day is here.. lets see where it goes..

[drugtester]

Agree 100%..ONP is a great buy @ $2.05. This 5 year monthly chart is quite telling regarding the upside potential here.

[renoldman]

Financials don't look that bad.

Stockholder's Equity is $144 Million ...

With 18.5 Million Shares ...

That's $7.78 book value per share

Cash on Hand was $16.5 Million

That's $0.89 per share just in cash.

Anyways, if the SEC says it looks alright that has got to mean something, right?

Of course, it takes time for confidence to return.

And there have been problems before with Chinese stocks.

A good one that I follow trades about 75% to book, so that's where I am looking as a top.

IOW, $2 is a good buy.

[Ettore Bastianini]

I think those selling are the ones that bought in the January spike from $1.80 up to $3.xx and the volume spike from March of 2012 Once they are out then we'll start to trend higher.

I was in this one from the Muddy Waters report on the day they actually bashed it down from around the $8 range.

It's a very good company and they are making money and the market will start to valuate it accordingly. For today, it looks like profit taking and some daring shorts. I don't think it lasts long, though. I'm back in after almost 4 years here at $1.80 If it dips below I'll buy more. This is a bargain for those who can wait a few days.

Adding: The SEC's closing of the investigation lends a huge amount of credibility to this company. I've always believed in it but I didn't want to tie my money up in a bad trade. Now, it turned out to be legitimate so I feel that this is the basement from now on. Good luck to all.

[Kenswift]

Also this spiked hard so shorts jump on a spike like that. Can't blame them.

[renoldman]

Looks like a lot of people who have been holding for up to a year are the ones selling.

And ...

Once the MMs feel that they have got what they want we likely trend higher.

Today is a shortened trading session, so take it easy all.

[Kenswift]

Great news

[loubigfish]

Wow what a difference a little news blurb makes!!!

Somehow all that negative PR for so long just fell to the floor... and now we on our way back to reasonable levels....

Amen!

[Jmac21]

ONP's PE ratio is among the lowest of any stock in the Paper & Paper Products industry and signals that investors have not been willing to pay a premium for this company's business prospects,However that seems to have changed recently with an increese in volume due to new investors coming in. Additionally, during the past year, earnings growth has outpaced its historical five year growth rate.Current: 2.2 PPS
Target: PPS 8.75

[Jmac21]

Getting ready to make a run back up to a normal PE ratio
should be trading around 5 or 6 dollars at the least

[surfer44]

nope

just kidding :)

[Jmac21]

Wow buying more at these low 2 dollar range pps, any way you do the number this should be trading at the very least in the 4-5 dollar range.
Anyone eles out there buying this on the dipps and waiting for the volume like I am?

[Jmac21]

Way undervalue this is an 8 dollars stock just by book value!