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Technology Stocks : Orbital science (ORB) -- Ignore unavailable to you. Want to Upgrade?


To: Irene Harvey who wrote (1323)3/26/1998 10:21:00 AM
From: Judy Muldawer  Read Replies (3) | Respond to of 2394
 
I don't think this is a hot stock in terms of hype if that is what everyone is referring to.

It is hot for sure because of what the company is doing and the contracts it has acquired.

Funds often sell stocks at a profit because they need to make themselves look good to the fund holders. If ORBI went up 10+ points in a fund then selling it might be prudent in order to save face with the investors.

ORBI is long term, folks! It is not going to get to $ 80 by April. But by the end of the year, it might be there. The only reason to sell it now is to lock in profits and hope that it retreats so you can buy it again. If it doesn't retreat, however, you will have to find another place to put your money. I prefer to just let it go up and down, settle a little and then go up again.

Judy
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