Comment by jfan22on Apr 01, 2021 3:39pm
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Post# 32924652
RE:What the f##k is going on here
RE:What the f##k is going on hereBig block selling scaring retail into lowering their bid prices. Until we get through all the PP FT shares being sold the price will continue tanking in my opinion.
I will continue averaging down.
Based on some of my previous analysis into buying and selling of the stock (https://stockhouse.com/companies/bullboard?symbol=v.orx&postid=32526213) virtually the entire float is in the red at our current price levels. There is no good reason for that. Orx's story hasn't gotten any worse. If anything it's gotten better. We haven't missed on any drills so far, gold is up, sprott is still involved, insiders are not selling and there are significant assays pending.
I get that it's hard to see your positions hemorrgaging value and its' tempting to sell, but I strongly encourage everyone considering that to re-acquaint themselves with ORX's story and why they originally invested here. A 3 day weekend is a great time to do that.