GREY:EORBF - Post by User
Post by
rory17on Jan 21, 2012 10:58am
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Post# 19430889
Bulls and Bears
Bulls and Bears I find it interesting with the positive and negative posts. The past year provided good times and bad times depending upon your entry points. The range from high to low has been volatile and challenging for all regardless of your take on ORT's potential. Selling a percentage of your ORT holdings was a good strategy after news releases as the stock always sold off and in many situations by substantial percentage amounts. ORT also offered many trading opportunities both long and short based upon that volatility. Well we are still here, and ORT is trading right around $3.00 a share. In my opinion if ORT holds up here in the $2.85 to $3.00 level after the recent news, then the historical patterns have changed and it could be the time that we actually make a further substantial move to the upside which would catch everybody by surprise. ORT has delivered on every milestone they said they would and there is much more to come in the near term. If you are bullish on ORT make sure you have your core position. I actually like the overall markets here as I said in a previous post a few weeks back.
Kherson. Stop for a second when you get a chance and take a look in the bagholder's bags. They are full of money and they are going to get much heavier in 2012. Check the bottom of your bag as you will find there is a hole in yours.