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.
Biotech / Medical : ORTC Ortec International -- Ignore unavailable to you. Want to Upgrade?


To: fut_trade who wrote (186)8/18/1998 12:19:00 PM
From: fut_trade  Read Replies (1) | Respond to of 272
 
ORTC is finally moving up :)

I picked up 500 shares @ 8 7/8.



To: fut_trade who wrote (186)8/18/1998 1:27:00 PM
From: Jake  Read Replies (1) | Respond to of 272
 
I reviewed the data yesterday and the revenues from the burn market are not overly significant. I do find it puzzling that they decided to do something only now. They have been at this for awhile.

I will put up a numerical analysis sometime in the near future.

It just looks like its overdone. I just noticed that ORTC is back up over 10.

A price of $18 in the short term with a longer term target of $23 to $25 looks achievable. That would put the warrants back in the money.

I think the market cap comparison between ORG and ORTC may also bring this stock price up. For that to happen we need to be closer to approval and have achieved some milestones.

One of these is coming up (planned for) in December. If ORTC is able to come up with a crio preserved version of their product then they will be potentially ahead of ORG.

Are you still in or did you sell out when the price sunk to $8. I actually picked up some shares at 8 5/8 and 9 1/4.