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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)

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To: Stew who wrote (145)5/15/1998 10:24:00 PM
From: Grant MacMillan  Read Replies (1) of 605
 
Stew, allow me to add my 2 cents worth. I bought in today at 48 cents feeling that any news that would cause approx. 25% of the shares outstanding to trade in one day would leave many investors on the sidelines waiting to buy in at a cheaper price. Obviously the trades of two days ago included a lot of short term traders who only intended to hold the stock for a day or two. As we saw today, there are plenty of investors willing to buy in, but they are playing the fluctuations, waiting for the quick correction we just saw. My opinion only but I think enough of the short term players are gone that the pent up demand will send this stock on a run next week.

GM
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