Depends on what happens today. IF investors believe the stock's audited report is going to be in line with it's unaudited version of last month they should be buying the stock today and sell-off some profits after the conference call. I believe this will still leave ONP above $4. Then on Thursday or Friday ROTH will have to comment and re-adjust their outlook on ONP. I believe the next significant support zone will be around 4-4.50. It should stabilize the stock through late summer of between 4-6. We will know by the end of this week either way.
I do agree with you this sector is unstable and no one trusts any stock in this group. Even good earnings don't push it where it should be. Trust has to come back to this group before we see levels of where stocks like ONP should be!