Alouette has no use at all of high purity alumina....
ORT - Orbite Aluminae Inc (TSX) - Page 7
Hey Theo, welcome aboard.
Hard to say - if markets start picking up again and Orbite comes up with some more news I don't think breaking 5.50 - $6 is unrealistic at all.. Orbite is one hell of a ride and some cant handle the up's and downs very well. I think your entry is a lot better then what a lot of new players have. Long term I think this stock has tons of potential!
Looks like Orbite was Michael Smedleys ( Morgan Meighen & Associates) top pick on BNN's Market call today. Sharp 10 cent spike directly after it was aired (followed by a downturn...lol). Seems to be a few people took notice.
Sounds positive...rare earth minerals were mentioned. Was hoping for more infor on the actual alumina...
Got the weekly 5MA at 4.00 for support here. Technicals starting to look better to, this is the most oversold the weekly chart has been in a long time, (not that it;s that oversold) but Daily and under are really starting to shape back up here. Only a matter of time now before it reverses.
I sold this morning and got back in on this pullback.