Orbit International looks like it has turned around.It is selling its apparel divisions and going back to what it does best-ELECTRONICS. 8-28-96 Orbit announced orders were up 40% on their commerical power division. 9-10-96 Orbit announced that it got several new contracts from military etc.You can get the news releases in detail off of Yahoo. Stock closed Friday 1 1/2 by 1 5/8.It has had a nice move up on expanding volume since these last two news releases.This could be a buy and hold for 6 to 12 monthes.If ORBT can come with a small  profit in the next couple of quarters this stock could easily give you a double or triple from these levels.Remember do your own homework before making an investment.All comments will be appreciated on your views of this stock!! |