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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
Comment by ipanemaon Apr 09, 2012 5:14pm
379 Views
Post# 19773209

RE: Mackie sale of 80,000 shares 3.59.57pm

RE: Mackie sale of 80,000 shares 3.59.57pm

This is all about making money and only the very quick footed day traders are agile enough to come out ahead over the long term. As a long term investor I and others can afford to watch these daily movements with interest and when and if the price is forced down to what each of us believes is a buy opportunity we buy if we have spare funds. The long term macro picture in Europe and US hasn't changed today, the markets perception may have. However each day which passes ORT is one day closer to realizing its HPA production as well as its SGA plans and realizing significant income form its patents. In 2011 the smallest variation between the month's high and the month's low was
.49 cents in July. The simple average, by month, difference between high and low was $1.20. Every time the price falls back I see it as an opportunity. Having opened at $2.23 last Thursday it could drop to $1.63 and then go up to $2.83 and still only equal the average monthly variation last year!! If I was a gambling man I'd bet alot of money that the SP will be back up over $2.80 within 10 days. So don't sweat what Mackie et al are up to. Take just a little bit longer perspective. GLTA.

Bullboard Posts