Monday, March 28, 2011

Oremex - New Corporate Presentation

http://www.oremex.com/Theme/Oremex/files/presentations/ORM_-_Presentation_-_March_23_2011__ORM_GLD_-_Final_.pdf

Thursday, March 10, 2011

Computers Gone Wild!!

What a wild morning it's been on the TSX. Two stocks came to my attention in the early hours of trading.

LEX - Lexam, and GIX - Geologix Explorations

I have no idea how many others are out there that was hit with the same anomally.

For Lexam, the selling brokerage was Interactive brokers. Just prior to the drop down to .43, the last trade was .53, then .51.

A total of 20 trades went through from 9:53:59 to 9:54:02 (in 3 seconds)
Seller, Interactive broker, Buyer GOLDMAN

107,400 shares, with a large block of 77,500 sold by interactive, and bought by anonymous.

The next trade at 9:54:14 was at .73 cents

Goldman continued buying up to .73 and then switched to the sell side.

GIX - Geologix was similar

Starting at 9:53:26 Interactive brokers went on the sell side with the following trades

.49, .49, .485, .48, .45, .42, .405, .40, .39

the next trade was at .57

It appears that Interactive Brokers had some sort of computer glitch.

Seasonality for Microvision

http://charts.equityclock.com/microvision-inc-nasdaqmvis-seasonal-chart

Analysis has revealed that with a buy date of March 12 and a sell date of June 13, investors have benefited from a total return of 793.59% over the last 10 years. This scenario has shown positive results in 8 of those periods.

Conversely, the best return over the maximum number of positive periods reveals a buy date of March 15 and a sell date of May 8, producing a total return over the same 10-year range of 518.36% with positive results in 9 of those periods.

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