Orbite Technologies Inc EORBF

MoneyCristo

[rory17]

What I really find interesting is ORT's share price showed consistent buying at the offer side of the market over the last few weeks. There is definitely been a good bid under the market to take advantage of sloppy market days when they occurred. As far as pending news goes I hear there are some very good surprises above and beyond what we all expect. I could be totally wrong on this and will clearly state that  this is based on my sources so it is speculation on my part until proven otherwise. I also believe and this is my own opinion and not proven as well, that the recent dustup with Byron Securities and their $.90 target price was well organized in the hedge fund community in Toronto before that news actually become public. Thats all fair in love and war and Byron is entitled to ask questions regarding whatever concern they have regarding ORT. The stock market is a dangerous place now as the regulators really have no control over undeclared shorting, naked shorting, etc. I read the recent IIROC commentary on new rules for shorting. The problem is you need to be a lawyer to understand what they are accomplishing if anything at all. The banksters and hedge funds control this game and that is why they all have their own trading desks and invest their own capital. The other thing I came to realize is that ORT is 80% plus held by retail investors so it has been an easy target for traders, hedgies and shorters, etc to play this type of game in these volatile  markets. I am confident more so now than ever that we will see ORT's true value emerge over the coming weeks and months based upon good fundamentals and earnings potential. IMO and GLTA