ORXX - Orex Gold Mines Corporation Message Board

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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

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To: TideGlider who wrote (354)	8/13/1999 7:20:00 PM
From: Qone0	Read Replies (1) of 2392

I would not call it pump and dump. That suggests that someone is manipulating the share price. That can't happen with all 6000 otc stocks. And most will show that pattern. The lower the share price the larger the % moves a stock makes both up and down as a rule of thumb. The reason for this is the amount of capital it takes to move the share price. This is niether good or evil it just is. When things are looking good for the company the capital comes in. When bad news comes out the capital goes out. Most companies have good things and bad things happen to them. This causes the spikes and dips. Take IOM for example. It is a fully reporting NASDAQ stock. Was it a pump and dump? Or was good things happening when it was going up and then bad things happening that brought it down? The same thing happens in penny stocks. But because of the capital required to move the price it happens much faster and at a higher %. Both up and down.

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