ORXX - Orex Gold Mines Corporation Message Board

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

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To: Jeffrey S. Mitchell who wrote (877)	8/27/1999 7:43:00 AM
From: Ga Bard	Read Replies (1) of 2392

OK by whom ...I do not know ... As far as shorting I know about as much about that as I do Puts & Calls. I do not even have a margin account. Jeffery read that daily historical and explain it to me ... I posted it so someone with more savvy that I could see and point out where the dump is or an insider selling. That brought this down from $4.00 to .10 where they finally got certs into the market. Look at yesterday 3.*M sold an it moves to .14 ... two days prior it was trading 6M .. Good Grief look at the volumes of the day and the DTC numbers. I cannot prove by the historical where a dump occured ... I can show the fall ... I can show the downward trend. I can show where the street name increased to 10M in the last week which would account for the increase of volume at these levels. BUt I cannot show where or why the fall came. At one time those figures show about a 5M short position. Is it covered I dunno but those numbers do not lie. I have watched HRZG boxing the stock for the 6 weeks since I have been in it. I am learning about "sideline" buying. Another tactic used by MMs to keep a stock liquid. Just have to wait and see... Say the whole 10M in street name has been dumped in the last few days ... I might believe the volumes we are seeing. However, it is trading dang near the 100% street name just this week alone. I am sorry something does not add up here. Nor has it since the fall from $4.00 and all I hear is the "stock value" as the reason. I know stock that wil never make a dime but are trading in the $20.00 range. A stock value is what the shareholders than accumulate it and hold shows. :-) GB

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