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


To: J. Nelson who wrote (1435)8/31/1999 5:35:00 PM
From: Ga Bard  Read Replies (1) | Respond to of 2392
 
Well, no one covers in a thinnly trade market. They are in no hurry ... the buying has got to come to affect the capitilization if they are short. Has someone sold? oh absolutely, obviously. You do not take a stock to .04 and it is setting trading thinnly at .13 a triple out for all those that got in around .06 ... people are selling. Does not mean they are not short.

Who knows but the drop has still not been explained. That has a bunch of people totally confused. When the street went to 10M last week they got some somebody to sell. Those shareholders just cut their losses and walked away. Did they cover? I do not know.

Just waiting on the demonstration.

:-)

GB