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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Ga Bard who wrote (875)8/27/1999 1:24:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 2392
 
I don't care about actual names. I was wondering if the prior owners might have made some sort of sweet deal way back when-- before ORXX, technically, was fully functional. Just a thought.

- Jeff



To: Ga Bard who wrote (875)8/27/1999 2:03:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 2392
 
Just saw this from your DMEX thread:

Several veteran Wall Street traders said that one sign of illegal shorting occurs when the daily trading volume in a stock far exceeds the number of shares available to the public, known as the float. One trader pointed to the recent trading in Grand Toys International, the Canadian distributor of the popular Pokemon and Furby toys, as an example. The company has a little more than 1.5 million shares available to public investors, but on Wednesday, almost 20 million shares, or 13.3 times the public float, changed hands. Even if only 1 percent of those trades were short sales, they would have exceeded the public float by half a million shares.

Message 11082460

OK, if we assume ORXX is being illegally shorted, then by whom? Why? Not that I expect you to definitively answer this, but I'd love to hear who the "suspects" are (g).

- Jeff