SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (13129)8/5/2002 3:25:23 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 17639
 
The problem is stocks like oRB have now violated their BSL. While they may still offer some upside because of the T/A foundation on this thread most people will not be interested in playing a stock like that for a bounce. Thats not a slam on you its just the reality of the situation.

stockcharts.com

Regardless of potential once ORB broke the bsl at 3.50 99% of this board ruled it out as a possible buy.

<<1) Pick up stocks of fundamentally sound companies when they have dropped at least 60% from their 52 week highs.>>

I don't think ORB fits this criteria. They need funding soon as I understand it. If they get it the stock may be a great performer but lets make sure we aren't suggesting stocks that could really hurt people. I admit to liking ORB months ago as a potential play but as it stands now I see that stock starting to show up on paid promoters lists. When that happens I get concerned.