Tuesday, September 05, 2006

Orex!


I mentioned Orex Ventures back on 9/1 as having been in the Top Five for that day. Today, REX.V maintained it's rightful claim upon the throne with a stunning 38% gain. The stock is now overbought on the daily chart and is almost 30 cents over the 50 day EMA. With something like 25MM shares out, that's a value of $16MM or so. If they really have something substantial, that's a lot of upside potential, but it will be some time before they are able to drill Pamel.

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