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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Hank who wrote (955)1/19/1998 11:36:00 PM
From: Angelo J Cici  Read Replies (1) | Respond to of 18691
 
In response to your theory on ORBI, up 45% in the last few weeks...

Sure the stock went up about 45% straight in the last few weeks,
but maybe this stock deserves it! I do agree with you that this
stock can not possibly go up in a straight line like it has been,
and it just may go down to $27 from $34 as you predict. When the
stock corrects and after the fear in the earnings report on Feb 5th,
it should rebound off the retracement and launch into the $40's...

You may short it now, but you'll get squeezed if you hang on too
long!!! Cover-up those shorts before Feb 5th!!!