Hi Hump “IMO I think you are correct regarding the 'shorters'...

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Merchant2000

20,601 Posts.

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30/06/18

10:30

Post #: 34054953
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Originally posted by Humphrey2017 ↑

Hi Salt,

IMO I think you are correct regarding the 'shorters' who have been selling during the week - they must have thought they had all the 'inside' info but didn't count on real investors (those that actually own shares) having information themselves and believing in the Fundamentals and Potential of the company - and IMO they now have been caught with their pants down and are busy trying to cover their positions before the weekend....

How else do you explain the sudden rise of the SP on no news after a week of fear and dread? - you would otherwise expect the SP to continue downwards would you not?

IMO there is clearly now a large loyal group of investors that have followed the trail of bread crumbs and understand what has happened to this company in the past and what is currently going on.... they understand that the fundamentals haven't changed.

They are not easily frightened.

They understand that we have a new management team and that we are a different company now.

They understand that the potential will soon be unlocked within our 200 sq kilometres of tenements.

They also understand that it may however take a bit longer than originally planned due to series of 'unforseen incidents'

GLTAH. DYOR. Ignore the noise.

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Hi Hump

“IMO I think you are correct regarding the 'shorters' who have been selling during the week - they must have thought they had all the 'inside' info but didn't count on real investors (those that actually own shares) having information themselves and believing in the Fundamentals “

What do you mean by real investors ?

Those who actually own shares as you say - have been selling - look at price for evidence

Why have these real investors let the price drop 40% off recent CR ? Etc

We keep hearing this is not the same Company - yet have no results to date to back it up

Dyor

Last edited by Merchant2000: 30/06/18

OGX Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
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