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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Post by allindachartsdumdumon Apr 01, 2013 8:38pm
404 Views
Post# 21195285

just some advice

just some advice

1.  The investor line broke and when that happens look out. 

1.37 is the first line of defence and it has nothing to do with a gap down.  if that breaks there are two more places ort will stop and thats up to you to figure out.  If it breaks the last one its gut check time.

2.  The shorts are in power, always have been and always will be.  You could see the weakness in the press releases the last 6 months, each one having less effect on the stock.

3.  This stock will move when the big boys have covered, not a second sooner.  I can't believe you posters who think there is going to be a massive short covering, they will just short more.

4.  Why are small caps getting hammered, they don't make any money.  There charts havn't stabalized and are still going down.

5.  Ort hasn't accomplished anything significant yet.  They have to prove they can make money, they have to prove the process works in larger quantities.  They need to get orders.  The one thing the market hates is a management team that pumps a stock and gets you retail suckers to buy high and eventually sell low.

I hope the ort management team makes a fortune, its a great story, but they are still in chapter 1 and have lots ro prove and it will take some time to prove it.  In the mean time this stock isn't an investment but a traders tool.

Goodluck in the choices you make

 

 

 

 

Bullboard Posts