ORXX - Orex Gold Mines Corporation Message Board

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

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To: Qone0 who wrote (1110)	8/30/1999 1:11:00 AM
From: J. Nelson	Read Replies (1) of 2392

ALL Just took a look at the ORXX vs HABE trading the last 5 days of the month. Just if a deal was done with anyone for stock of the 10% number that was posted. There totals were as follows: MONTH ORRX HABE 3/99****5.10*.38 4/99**6.25*.14 5/99**7.50*.145 6/99**3.00***.125 7/99______0.50_____.09 This was an apx. number from closings using the last 5 day's of each month. The large diff. was in the vol. of March for HABE it was like there was a need to get the stock price up on the end of the month to a high average. Anyone know why that took place???? The true value drop IMO. was from the month of June 99' for ORXX, as each month above there was very thin on vol. except May and in the last 15 days of the month it was very heavy. I thought there was more posting on SI. during the month of July 99' than at any time in it's history. If there was a major short(as some have stated)that was put on the stock, IMO. it would seem more like from the point of $3.00 down to .50 with a cover starting from about .30 on down. Should that become somewhat true would not the range from our current price up to say .50 be very open for a move? In the past many issue seems to jump on little volume up to a high under the past part of the second set of shorts on a stock as the first one's in start buying for a move over the past low's once they are set in on a drop. I have been trying to read and learn more on the TA side of this type of trading and find this issue ripe for teaching all of us,, so please feel free to help me understand why the trade volume is now trying so hard to move the issue (up in value) if it is not new investors or short cover. I would like to see some honest answers if you, or anyone can share. Please do your own DD. pre investing in any BB. issue... Regards, Jim....

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