GREY:EORBF - Post by User
Post by
rory17on Apr 03, 2013 8:27am
317 Views
Post# 21203593
Castle123
Castle123 Your points are well made. I have had a core holding of ORT for well over 2 years now. I have also successfully traded ORT over this same time frame as the same pattern began to emerge after news releases and the ensuing share price decline. My average price on my core holdings is around $1.75 but I will leave that position for the long haul. I recently started a new trading position beginning at the $1.60 level and averaged down in increments over the last several days where I finally went all in yesterday at the $1.00 level with what I was prepared to spend. Looked very much to me that ORT's management could have been more transparent with the delay in production and have spared some of the pain that has taken place. The good news is that the bad news is out and that the production will reach targest and goals that the market expects. IMO