[ We were both right ! ]
Mike, you were right, when I sold in the 25's I sold too early. However, we are now finally getting the effect that I expected. The people who bought ORFR based on press coverage are "hot money". The stock may be higher or lower a year from now, but these people don't have the patience to wait more than a few weeks. The momentum is finished so they are selling, but there is nobody who wants to buy their shares. It took volume of 700,000 a day to push the price up a couple of points a day. As I write, we are down 2 points on only 100,000 share volume. The hot money is selling but there's no new press coverage to bring in new buyers. Anyway, we were both right, and we both made money. Good Luck, Fred. |
