Monday, August 14, 2006

Another day at the factory...

Sold UTS Energy and bought Orex Ventures. UTS has been a laggard for a while and though I hate to sell low, I decided to cut it loose to raise cash so I could buy Orex. I have been thinking about Pamel for the past few days and what it might mean for Candente. I started looking at Orex and realized the chart looked good with a 25/50 weekly ema x-over in progress. I was able to buy a position at 0.315US and then I found out that Orex was written up today at Stockhouse. The article is ostensibly about Orex, but is mostly about the Candente team. Apparently several others arrived at this conclusion simulataneously, and the stock traded heavily.

No comments: