ORTC Ortec International Message Board

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Biotech / Medical : ORTC Ortec International

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To: fut_trade who wrote (158)	7/2/1998 11:31:00 PM
From: Jake	of 272

No, I meant ORTC. To my mind it only protects a long position if you are worried about margin calls. Stocks fluctuate for many reasons. If you have done your homework you will generally be able to ride through difficult spells. On the other hand if you are on margin then you have to worry about maintaining a balance. I haven't been able to margin ORTC. Therefore, the stock stands by itself. Ultimately, it will have been a successful holding if I sell it for a profit. Since all my purchases have been in the $12 to $14 range I am ahead. However, I also bought some warrants and they are barely ahead. I am not worried though. In any case I am staying away from a margin position since I feel at this point the market can only hold steady at best and go down most likely. Inflation can't go down from here. The dollar can't go up too much farther. Most economies are in a mess (except the US). Europe is the wild card. Because of the EMU effort things can actually improve there.

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