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Orbite Technologies Inc EORBF

Metals & Mining Aluminum Industrial Metals & Minerals
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

Orbite Technologies Inc
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Comment by Fnordon Feb 12, 2012 1:52pm
305 Views
Post# 19522483

RE: RE: SH members vs millions of sellers

RE: RE: SH members vs millions of sellers

Big holders have sold?  1.5 million shares is what it took to bring the price down to $1.88 briefly.  It happened in about 15 minutes over lunch on a Friday (terrible time for a NR - they should have halted).  The only trading happening during that time was by day traders, algos and those who set stop-loss triggers.  After the mini crash the price then bounced back violently and the stock traded firmly over $2.20 resistance for the rest of the day - and that's where most of the volume was.  Anyone who thinks this is a serious event is free to sell their shares... I'll take them off your hands.

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Dealroom for high-potential pre-IPO opportunities