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Biotech / Medical : ORTC Ortec International

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To: Jake who wrote (137)5/6/1998 9:48:00 PM
From: fut_trade   of 272
 
>Techvest put out a sell recommendation

ORTC won't drop too much with the Soros brothers scooping up the loose shares. There's going to be some downward pressure from the exercise of warrants, but I doubt it will drop much below 20.

>Does anyone have any more detail behind their recommendation?

They put a hold recommendation when ORTC was at ~13, and now they put out a sell when ORTC is under heavy accumulation. They don't seem to be with it IMO. BTW -- is a sell recommendation the same as a short recommendation? Just take a look at ORG over the past year!
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