OHNA looks poised for a big run this week. Stock is at 0.027, just above its 52 week low. Its had a ride upto 0.06 on just 12 mill volume, and it's been as high as 0.08. Thin float, moves up easily, getting some action recently. Quite a bit of talk about it, because of the good company PR's. Spoke to the company, some positive Pr expected this week, keep an eye out for them. Definitely a good short term trade, IMO.
Posted by rocky11 on :
according to the other thread for OHNA in the micro penny forum, float is approx 10-20 mill. thats good, pretty low. But could u confirm that? thanks
Posted by subpennygirl on :
OHNA technical analysis: MACD is going into a bullish divergence, and is about to cross the zero line. That means plenty of headroom for it to go high and lot of potential. Bollinger band at 0.034, breakout point for OHNA is at 0.034. 200 DMA approaching 0.06, if this hits 0.06 it can lead to a major major pop. Let's see. PVO pretty good. All indicators bullish. Here's the chart: http://stockcharts.com/def/servlet/SC.web?c=OHNA,uu[w,a]daclyyay[da][pd20,2!b200][vc60][iut!Us12,26,9!La12,26,9]&pref=G Posted by subpennygirl on :
I believe the float is either 20 mill or 28 mill. Regardless, it moves real fast and for trading purposes that's what counts
Posted by stocktrader22 on :
I am still having trouble effectively reading charts....what site online can I learn better about reading charts.
Posted by subpennygirl on :
stocktrader, a good place to learn the definitions of indicators would be www.stockcharts.com, goto chart school. To learn how to apply it stocks, takes a little practice, you have to observe behaviour of stocks and relate it to their reflections on the chart, at least that's whatworked for me. If you have any questions about the OHNA chart, I will be more than happy to help you.
Posted by cheese! on :
I think the float is 20 mill. I just know that the level 2's showed that its a FAST mover. My kind of play. Also the fact that they cancelled plans for dilution is causing old players to jump back in, and OHNA is moving higher. Why shouldn't it? there's no reason not too play this.
Posted by giorgio on :
Quick question: Could you explain why OHNA is going to move up this week? Posted by novocain on :
OHNA will move up for a few reasons... #1 the is this stock is being talked about everywhere on the net. This stock has a low float of around 14-20 million and moves at the drop of a hat. With all the people looking to make some profit on this stock (and they can) this stock will move up very fast, if you can get in before .035 IMO you are lucky. The last time it had 15 million traded in one day it went up to .054 and that should happen monday with all the people trying to get in. 200 DMA is coming and the price is set for .034 at which it then crosses the upper bollinger band indicating a break out occuring. IMO could see 100% flip monday... my hopes is .06 by the end of the day.
Posted by tjbkk on :
This is what I found,it's a few months old.
Additional Due Diligence
As of August 1, 2003 Stock Symbol: OHNA Cusip Number: 677 070 10 4 Shares Authorized: 200,000,000 $0.001 par value Shares Outstanding: 17,600,000 Float: 3,700,000
Transfer Agent: Standard Registrar and Transfer Company, Inc. 12528 South 1840 East Draper, UT 84020 801-571-8844
Legal Counsel: Cathryn S. Gawne csg@svlg.com Silicon Valley Law Group 152 N 3rd Street Suite 900 San Jose, CA 95112 408-286-6100 408-286-1400
Independent Auditors: Lucas, Horsfall, Murphy, and Pindroh 100 East Corson Suite 200 Pasadena, CA 91103 626-744-5100 626-744-5110
Market Makers: Schwab Capital Markets LP Frankel & Co Hill Thompson Magid LP Knight Securities Brokerage America Crown Financial Alpine Securities Wilson Davis
quote:Originally posted by rocky11: according to the other thread for OHNA in the micro penny forum, float is approx 10-20 mill. thats good, pretty low. But could u confirm that? thanks
Posted by alexiz on :
quote:Originally posted by giorgio: [b]Quick question: Could you explain why OHNA is going to move up this week?[/B]
following reasons: - the reason which has been keeping the stock at a low price for the past 2 months was the possibility of dilution. OHNA Cancelled dilution, and so the reason for the stock price to stay low has been eliminated. Stock starting to move back up with higher volume, which is good for us, because its at an all time low price under 3 cents, and headed towards it's older trading levels of 0.06-0.08.
- Recent positive PR's means OHNA is emerging as a company and is in the spotlight, plus another PR expected this week, could make its fortunes solid.
- When it starts climbing, people will notice and jump on. That's what happened last time this popped. Everyone knows OHNA can go high, it's just a matter of when, and the time seems now. Expectations a buying frenzy monday, or this week.
-
Posted by alexiz on :
I'm all about riding the wave on this one.
Posted by cheese! on :
ok there's talk on the net about this going from 0.03 to 0.08-0.10. I know i love this stock, but it DONT think it'll hit 0.10 tomorrow. I could be wrong, but I'm the conservative type and looking at level 2, I think 0.05-0.06 is more likely for tomorrow, and 0.08-0.10 over a period of time maybe...as the company release PR's completes what their filings might be etc.
The beautiful thing about OHNA is that it can be played over and over again. It's becoming one of those stocks that has repeted rides, and is in a general uptrend. I'm looking for 0.05-0.06 within the next couple of days, and for the sake of the optimistic people, I hope im wrong and hope theyr right and this does pop to 0.10
Posted by bobi on :
dos anyone know what is going on with i2 technologies?
Posted by virtualace2000 on :
Happy Father's day everybody, and good luck tomorrow with OHNA. I am confident of OHNA hitting 0.06 tomorrow itself.
Posted by captainhaddock11 on :
OHNA the top candidate for momentum stock tomorrow. Good luck to all, hope it hits 0.08
Posted by Ka-Ching on :
OHNA became the 'official weekly pick' for 2 LARGE Yahoo Groups on Sunday. We will see HUGE buying, with STRONG run that will at LEAST match that of the run a week ago, as we have had similar volume as of Friday, and will, I'm sure, EXCEED the last high-volume tomorrow! Lots of luck to all.
Posted by Breezer on :
quote:Originally posted by Ka-Ching: OHNA became the 'official weekly pick' for 2 LARGE Yahoo Groups on Sunday. We will see HUGE buying, with STRONG run that will at LEAST match that of the run a week ago, as we have had similar volume as of Friday, and will, I'm sure, EXCEED the last high-volume tomorrow! Lots of luck to all.
Dismal start to OHNA - so what's up with it? Did ever one rush to NEOM?
Posted by cheese! on :
bought OHNA again at 0.025. Ready for another ride. quick buck this.
Posted by Breezer on :
quote:Originally posted by cheese!: bought OHNA again at 0.025. Ready for another ride. quick buck this.
when will the ride start?
Posted by alexiz on :
i think if he/she knew that, they'd be super rich, but if he/she does, lemme know! anyway i think OHNA rides up and down every few days, I'm sure ill get out by the next few days once it rides up. Especially if there is a news PR.
Posted by Bigrod40 on :
So did onha fall off the map. Very quiet considering the weekend play it got on the Boards???
Posted by alexiz on :
fall off the map? It's very much on the map for me, considering the fact that it rides up and down so easily. Sure it didn't do as well as expected but then that's the market. In the green today, and moving up. I like OHNA.
Posted by alexiz on :
accumulating OHNA at this low price
Posted by Zany on :
Is this as low as it's going to be, because it's a great entry I'm just wondering if there's a better one.
Posted by cheese! on :
Can never say that, but..OHNA has mostly between 0.024 and 0.034 a lot recently, easy riding. Looking at level 2 there's too much bid support below 0.024, so I would say it can't get too low to easily.
Posted by Zany on :
Will this thing pop above .06, and if it does how high?
Posted by FurrySound on :
Pulling back to the upper teens this am
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Posted by recliner on :
Maybe next week will see better days.
Posted by Zany on :
When is this stock going to move? Where's the bang!