OAK 0.00% 7.0¢ oakridge international limited

XPE General Topics, page-4430

  1. 4,708 Posts.
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    14% isn't too bad T10.. that's implying the 70 cent purchase price would have resulted in a 6 cent exit ... whereas the fall has been much worse.

    I am still happy to hold until further confirmation that things have either gone to shits fundamentally or confirmation it is going well.. but I did get burnt t2'ing the drop. The announcement was left field, so where a slow decline would have seen my t2 purchase been taken up, I never expected it to be hammered well past the 6.5 mark - and obviously with t2 there is no time to hang in there for a rebound, which I think will still eventually come. ALbeit their will , until further positive announcements be alot of sloshing around at this low level with how sour sentiment is now. Buyers will have either bought in with all they had left or be reluctant to catch a perceived falling knife, and sentiment/psychology will have stopped many shaky hands out.

    The only thing that will save it now is some news confirmation of the fundamentals - for now people are going to get cold feet that this is another all talk, no action ($$$) spec stock.
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