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Penny Stock Trader

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Penny Stock Trader

Re: boilermaker35 post# 320

Thursday, 04/05/2007 3:10:02 PM

Thursday, April 05, 2007 3:10:02 PM

Post# of 9504
I see almost 75m dilution from SEC filings

S-8 filed on 1/16/2007 - 50m
SB-2 on same date - <25m

It will take a long time to dump those shares IMO. The average daily volume on this stock is not very high. I don't expect ONGO PPS to recover until we have a big volume sell-off.

Bill Panetta likes the chart for next week but he is a technical guru and probably not heavy into DD.

http://www.investorshub.com/boards/read_msg.asp?message_id=18524121

EDIT: I also like the chart!

Penny Stock Investment Club
OTCBB - Under $2.00

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Volume:
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