ord share price has droped 60 percent, page-10

Lets put things into perspective to counter some of the endless dribble written on this forum.

Lets look at the last 6 month performance of a range of stocks on the All Ords

April 28 to Sep 28

ALL ORDS -14.7%
BHP -20.4%
RIO -23%
NCM -8.7%
SDL -10.6%
BAU -31%
PEN -48%
ORD $0.045 to $0.05 + 11%

As you can clearly see ORD has done alot better then alot of other stocks over the last 6 month period.

Alot of short term investors purchased Ord shares in May at a premium hoping to get rich overnight when the updated Jorc come out.
Unfortunately the stock market more often then not doesn't seem to work this way, and this has left alot of these investors understandably feeling pretty bitter.
I personally thought the updated Jorc would have been released by now, but as is the case with most speculative stocks, anything can happen, and this is reflected in the risk/reward ratio.
In my opinion Ord has always been a long term buy, and I feel confident that Ord will produce above average returns over the long term for those investors who are prepared to be patient.