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OmniVision Technologies, Inc. Message Board

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  • Bubb6a Bubb6a Mar 8, 2004 12:17 PM Flag

    Things are going to improve

    How many upgrades do we need? Count the ones we've already had. The answer is very simple. Not until the funds etc. start buying back in, is Ovti going to get any movement. Plain and simple. Funds and scum funds move stocks, not chat room people.

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    • Did funds move MAMA or TSAR or any of the other large moves, the answer is clearly no.

      • 1 Reply to xcioxxxxxx
      • TASR is a sm. cap and MAMA is a micro. Both have a float of 6 mil and small inst. sponsorship. They are presently experiencing what I would call "The Day Trader's Circus". OVTI is barely a midcap with huge inst. sponsorship. All inst. are calling this a buy. The only change you will get in OVTI is downgrades. The institutions probably see no hurry to buy until closer to next 10Q. Eventually there will be commoditization in this space. If you are looking for fast money it isn't likely to happen here any time soon. Buying and selling short in it's present range can produce a nice return and the Sch. D from hell. Trade it or sit back and wait 6 months for a decent return.

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