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Technology Stocks : Orbital science (ORB)

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To: Angelo J Cici who wrote (1593)4/28/1998 7:00:00 PM
From: Broken_Clock   of 2394
 
Angelo,
It isn't necessary to respongd to criticism...

On another note: No one can say with certainty how ORBI will perform short term; even long term has uncertainty to a degree. Investors examine the company, read the story, make their DD and buy if they think the company has a high probability of fulfilling the business plan. With ORBI, lots of things could derail the stock price rise temporarily.

1. Mo mo guys leave
2. Funds leave
3. ORBI loses a launch or two(don't laugh folks, in Dec. 97 ORBI's VAFB facility came within 30 minutes or LESS of being engulfed in flames by a brush fire the USAF started...a controlled burn that got out of hand almost wiped out the entire facility. My b-in-law told me the side of the building where the rocket fuel is stored had scorched paint! You could have had an OR-BI-Q instead of a $30 price rise in the stock!).
4. The stock market takes a huge dive(how about a FED rate hike combined with a Clinton impeachment)

Sure, these things may never happen...but then again, sometimes they do! Some funds did ditch ORBI this week and ORBI is down $7 in a hurry. My point: If you believe in the company and are long term, then when you see the shift coming, why not buy a little protection with some cheap puts? Funds do it all the time. They also sell deep in the money calls then repurchase when the rebound begins. You never sell the underlying stock but still reap profits. Make some lemonade outs those lemons!
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