Oncology Pharma Inc (ONPH)

[Indica]

Taking an optimistic point of view here, I see a company who, in their last quarterly report, acknowledged their concerns going forward. If they were trying to lure in buyers or be deceitful, they would have spun this information differently IMO. This report also covered the period ending 6/30/15. Another Q is due next month and we'll be able to see if they're able to make real progress in their effort to increase sales. It's apparent that they have a lot riding on the Eldor project and the test results will help to provide validation.

As an investor, I'll let the company work out the details and instead look for catalysts. The chart bottomed out last week and people have been accumulating shares. News was published today and they closed +22%. Closing green on news is not something "bad" tickers normally do. There has also been some strong volume over the last few trading sessions. While nothing is ever guaranteed in the OTC, don't be surprised if we see this hit copper again soon.