OAK 0.00% 6.9¢ oakridge international limited

purely TA theory posts, page-372

  1. 381 Posts.
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    This has been an incredibly disappointing performance of late after holding reasonably solid between 6c to 7c. There is wild speculation among us all as to what is going on. We really don't know as I think it is a little bit more than just Lisa leaving to generate this reaction.
    What we do know is this;
    1/ Lisa left for whatever reason but on face value that is not a good look
    2/ We were expecting the Nasdaq listed chippie to have been announced by now so that is overdue. Once again not a good look.
    3/ We know that XPE provided Microsoft with a working version for them to test. Perhaps that is not going so well.

    If they do not put out at least a motherhood statement type of announcement saying all things are on track then I do think there is cause for great concern. I really thought this company was the real deal and although my confidence is dented I am still of that belief. Having said that I am no fool so if no announcement comes forth over next two days that puts some faith back in the stock I will retreat with my capital slightly damaged to live another day.

    Good luck to us all.
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