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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > OLE loses -.155 in April -.51 in 2013
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Post by frankman on May 01, 2013 1:24am

OLE loses -.155 in April -.51 in 2013

A whopping 4 trades 7k today as this board continues it's regurgitation on M&A activity. As I keep repeating most companies don't deal in time of weakness (share price) by giving away any perceived assets. With the float here there are many shareholders who don't read Stockhouse that would severe management's naughty bits for any such move at this time.

Problem now as we hit "sell in May" and summer doldrums folks will just want to get there money back on any blip in the share price. Oh then there will be tax loss season which will start earlier this year in the Canadian markets. I do see though some positive signs in Europe (THE key) though, so maybe just maybe 2014 might turn around for the Canadian markets.

Oh let's not forget OLE is surviving on credit at 12% compounded daily paid monthly.

  

 

Date
Close
04/30/2013 0.3
01/02/2013
0.81
Net loss -0.51

 

Date Open High Low Close Volume Chg % Chg
04/30/2013 0.300 0.310 0.300 0.300 7,000 -0.020 -6.25%
04/29/2013 0.300 0.320 0.300 0.320 45,693 0.005 1.59%
04/26/2013 0.305 0.325 0.300 0.315 63,335 0.015 5.00%
04/25/2013 0.330 0.330 0.300 0.300 111,713 -0.020 -6.25%
04/24/2013 0.320 0.320 0.320 0.320 13,525 0.010 3.23%
04/23/2013 0.330 0.330 0.305 0.310 27,750 0.000 0.00%
04/22/2013 0.310 0.350 0.310 0.310 147,383 0.000 0.00%
04/19/2013 0.320 0.320 0.300 0.310 32,200 -0.005 -1.59%
04/18/2013 0.315 0.315 0.280 0.315 48,396 0.015 5.00%
04/17/2013 0.320 0.320 0.290 0.300 51,750 -0.020 -6.25%
04/16/2013 0.355 0.360 0.310 0.320 147,450 -0.010 -3.03%
04/15/2013 0.385 0.395 0.315 0.330 294,300 -0.105 -24.14%
04/12/2013 0.410 0.460 0.395 0.435 107,822 0.015 3.57%
04/11/2013 0.420 0.420 0.370 0.420 243,500 -0.020 -4.55%
04/10/2013 0.465 0.465 0.440 0.440 94,528 -0.025 -5.38%
04/09/2013 0.450 0.465 0.440 0.465 6,200 -0.015 -3.12%
04/08/2013 0.435 0.480 0.400 0.480 57,000 0.065 15.66%
04/05/2013 0.405 0.430 0.405 0.415 12,800 -0.025 -5.68%
04/04/2013 0.425 0.440 0.420 0.440 19,600 0.030 7.32%
04/03/2013 0.440 0.440 0.400 0.410 118,780 -0.030 -6.82%
04/02/2013 0.460 0.460 0.435 0.440 148,556 -0.015 -3.30%
04/01/2013 0.480 0.480 0.455 0.455 18,050 0.005 1.11


Comment by arlene2 on May 01, 2013 3:49pm
The long standing axiom "sell in May and go away"   as well as "summer doldrums" may just not be as noticable in 2013......I believe that the "Spring Swoon" in employment will keep the pressure on the Fed to at least continue the current level of QE and could possibly even cause them to increase QE....And QE has had a positive reaction for most of ...more  
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