Answer to Shareholder Question: Institutional Buyers
Post# of 1036
Posted On: 09/02/2013 4:24:47 PM
To answer the question:
Q: Hi CEO -This LINK was posted on a messageboards ,is this why you say let the Institutional buyers "fondle" the financials after they are released?
http://education.investors.com/investors-corn...allies.htm
A: Yes, although I disagree with the 70% figure in the article when it comes to OTC traded stocks (70% perhaps on Big Boards is fair) I do, however, agree that most of the potential buying will be based on company fundamentals, not speculation. And it will be from institutional partners I have met with personally on my "Road Trip" to NY last month. With that said, and since each share of our ~ 2.5M float is already owned by someone or some entity, all the early shareholders have to do now is wait for the buying pressure to increase and eventually folks will find a price that suits their fancy - and thus let a few shares go to let our institutional partners in the door. As many shareholders know, the OODH float is very "Thin" (meaning not very many shares in the total free trading float) and we have kept it that way to ensure shareholder value over the long-term.
Randy Hoff
Chairman & CEO
ORION DHC, Inc
www.oriondhc.com
STOCK TICKER: OODH
http://www.nasdaq.com/symbol/oodh/stock-chart
Q: Hi CEO -This LINK was posted on a messageboards ,is this why you say let the Institutional buyers "fondle" the financials after they are released?
http://education.investors.com/investors-corn...allies.htm
A: Yes, although I disagree with the 70% figure in the article when it comes to OTC traded stocks (70% perhaps on Big Boards is fair) I do, however, agree that most of the potential buying will be based on company fundamentals, not speculation. And it will be from institutional partners I have met with personally on my "Road Trip" to NY last month. With that said, and since each share of our ~ 2.5M float is already owned by someone or some entity, all the early shareholders have to do now is wait for the buying pressure to increase and eventually folks will find a price that suits their fancy - and thus let a few shares go to let our institutional partners in the door. As many shareholders know, the OODH float is very "Thin" (meaning not very many shares in the total free trading float) and we have kept it that way to ensure shareholder value over the long-term.
Randy Hoff
Chairman & CEO
ORION DHC, Inc
www.oriondhc.com
STOCK TICKER: OODH
http://www.nasdaq.com/symbol/oodh/stock-chart
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