Orion Health

[Hoop]

A bit of TA info for those falling dagger junkies who still amazingly have a few fingers left..

Fibonacci Retracement Price Alert Zones
38.2%...........$4.25 FAIL
61.8%...........$3.55 FAIL
76.4%...........$3.15 FAIL
100%............$2.47 FAIL
123.6%.........$1.80 FAIL
138.2%.........$1.38
161.2%.........$0.70

[Baa_Baa]

A bit of TA info for those falling dagger junkies who still amazingly have a few fingers left..

Scary!

I put this chart up a few days ago. Now that the SP has back tested and failed on the median of the (old) linear regression channel, the bottom of the channel is around $1.52 offering some glimmer of support, albeit probably wishful thinking.

Attachment 8503

[BlackPeter]

We are very lucky to have such a wide choice of unprofitable companies to throw our money at.
...

Love it, made my day ....

[Beagle]

Chris Lee gives Orion a bit of a pump in his weekly newsletter today noting some of the differences between it and Wynyard and expresses dismay at the SP reaction and suggests that investors seem to be exhibiting a lack of confidence in Mr McCrae's ability to execute and goes on to suggest if they do execute successfully and grow as anticipated the market value could be many times the current SP in years to come.

What he rather conveniently doesn't highlight is that the SP could be a mere fraction of where it is now, (or even zero), if he doesn't execute. I reckon technical analysis is effectively you're best mate with this stumbling pup.

[BlackPeter]

Chris Lee gives Orion a bit of a pump in his weekly newsletter today noting some of the differences between it and Wynyard and expresses dismay at the SP reaction and suggests that investors seem to be exhibiting a lack of confidence in Mr McCrae's ability to execute and goes on to suggest if they do execute successfully and grow as anticipated the market value could be many times the current SP in years to come.

...

... and he seems to have some influence: SP rising!

[Balance]

... and he seems to have some influence: SP rising!

Like his calls on the finance companies?

[Beagle]

... and he seems to have some influence: SP rising!

Yes he has a following...just like the pied piper did.

Like his calls on the finance companies?

Exactly. Obviously he's allowed to pump whatever he owns but to do so without highlighting the risks in the sector in which the company operates or the highly questionable way the company was brought to the market without forecasts...you folks be the judge as to whether that constitutes independent professional advice, (remember that's what he purports to offer).

Obviously he's not a fan of technical analysis otherwise he would have been out at over $4. Hmmm.

[RGR367]

Once more if you're like an octopus, you can grow your fingers (tentacles) after catching some falling knives when what you bought at 170 is now almost back to 2 bucks Another gut feel win

[Beagle]

Dead cat bounce, suckers rally or have they hit the bottom the other day ? Roll up, roll up ladies and gentlemen and place your bets....might as well be at the casino. At least there you know they play by a fixed set of conventional rules.

[Marilyn Munroe]

Should Orion be chasing market share in the US? Is it a trip along the Yellow Brick Road to the Emerald City?

As I have previously posted health care in the US has plenty of pigs at the trough who will fight any encroachment and in addition the US has a cultural aversion to "socialised medicine" which is the arena where Orion's products shine.

Would Orion be better off to concentrating its efforts in countries which are happier with "Big Brother" health care?

Boop boop de do
Marilyn