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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Post by StanleyTools1on Aug 31, 2012 11:40am
177 Views
Post# 20284330

I re-iterate:

I re-iterate:

I still believe that an outstanding trade in ORT could occur if the stock was to break the $2.28 threshold on above average volume. I would target a move to the $2.85 area offering a possible 25% trading profit in rather short order.

 

I would not be grossly over-invested in this name, simply sitting on a powder-keg of downside risk hoping that the company can execute.

Bullboard Posts