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Replies to #11 on ORN Marine (ORN)

littlefish

06/17/19 1:16 PM

#12 RE: shanon1 #11

They had over 4 mill shares as of end of March 2019. The filing I showed you had less than 2 mill shares. Hence they sold over 2 mill shares. That’s why I loaded up in the $1.8s.

All that massive dumping created a wonderful buying opportunity (rare in this market).

All in my opinion only.

PS- all that rain in Texas can’t be helping too much. Can’t seem to catch a meaningful extended break on the weather front.

littlefish

07/03/19 1:06 PM

#13 RE: shanon1 #11

This has been a nice little rocket. I’ve sold off a fair amount of it with the quick 60%+ gains but keeping some to see if the turnaround works out.

New institutional holder recently too.