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


To: Zeev Hed who wrote (1795)9/19/1999 6:28:00 PM
From: Ga Bard  Respond to of 2392
 
Zeev this is not about the value of a company ... This is not about anything more that where most OTC stocks fall without a single reason. This is about how the internet and the bashers affect the price of a stock and their tactics, organization and discipline.

Heck if value of a stock had any merit a lot of the bigger board would be at .10. This strictly stock structure and the mechanics of trading, which I am trying to learn. No book is going to teach me more than the information that the government provides.

Tracking bashers I could write a book on and I realize the bashers do not short a stock themselves. I also realize that bashers make it a point to clutter the board on the "Stock Value" scenario. Heck I have one that is shorted not by market makers and the MM where the account rests does all they can to help their client.

Boxing, the organizing of bashers, oversells, and timely bashing posts all fits together. Even the SEC and regulators are beginning to see what I am seeing. P&D is too risky and most everyone knows the SEC looks for the flags to that. Where as Short and Distort is just the opposite side of the coin.

I have given the underlying basis for that opinion and I doubt as you can see throughout the historical trading nowhere is there evidence of the company printing shares. Also the TA and DTC tell it all when you look at the trading. What becomes even more obvious is the bashers and the timing of their posts and convenient lies not to mention when disproven resort to personal attacks and over taking the thread to stop the stock from bring discussed.

42M shares traded would mean every single person would have had to put their shares in the brokers and sold instantly without regard for the stock.

Why is the oversell tracking the street name? Is it because shorting against the accounts where there is stock because some feels the company is only worth .15? That is baloney and historically where this type of story about "Fair Market Value" is potrayed the oversell is unbelieveable.

Basicxally we all buy stock for growth and shell to get in before the growth is known hoping we get an advantage.

On June 4th someone made a decision and has been nailing this stock ever since. The trading shows it and since March there is only 21 trading days where it was not oversold.

I prefer to deal with the trading and stock structure in a start up compnay more so than the value because they have no real value. If that was my logic I would not be trading on the OTC. However, EBAS has moved and CVST and CLWK when I found it at 1.75. Just have to deal with each stock seperately.

GRNO, I am aware of also or rather I was ...

Hope you are having a great weekend. Bottomline is my post on the trading and the oversells plus the bashers posts is what I have to based my opinion and that is what I invest on. However, the one thing I cannot find is a P&D scenario but I can see a short & distort.

Oh and as far as people go ... I was friends with several people on line over the years and they turned out to be what a lot of people accused them of even though I was on their side. I trust no one and let the b/w be my underlying basis.

:-)

GB



To: Zeev Hed who wrote (1795)9/20/1999 7:56:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 2392
 
Zeev, <<So, Gary why the excess of 10 MM shares? Someone must have printed these shares and sold them. That is your culprit.>> A number of us had speculated that the volume was some sort of conversion or floorless, that's what our experience shouted. However, the company insists that there isn't any such thing, even put out a PR saying so. So where can the shares come from? 504s are now restricted, even if there are any. So where are the shares coming from? Could this really be a massive shorting campaign? Let's walk it through.

1. If it's not conventional shorting, there is something very illegal by the company going on here.

2. If it is shorting, there could be a significant short covering rally if this company shows some success and a path to profit.

3. Maybe the shorting is justified, the process, or reserves don't support the capitalization, your suggestion. However, the shorting volume is significantly over subscribed, there aren't enough shares to borrow, the volume is just bookkeeping. In that event, there is still a good chance for a short covering rally as other "money" works the potential shortage (maybe the reasons for all the crosses, the set up.)

I have never see anything like this, IMO if we can understand it we may be able to play the trade. Do you have any other ideas?