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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 17, 2012 2:03am
329 Views
Post# 19547774

RE: RE: RE: RE: RE: Disapointed

RE: RE: RE: RE: RE: Disapointed

Kherson, your attempts to discredit anyone who says anything positive or constructive about this stock by calling them a "pumper" are pretty annoying, but the question is basically a valid one so I'll explain. 

Selling some of my shares today was risk management, pure and simple. My perception during Friday's plunge was that the stock was way over-sold and that there would be a substantial bounce.  Today my perception was that the market's attitude towards the stock has shifted due to this recent debacle and I was not comfortable holding the amount of shares I had without more of a buffer over my cost basis.  That's all there is to it.  I like the stock but discipline has to trump conviction.

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