Hi stockdude. Thanks for the reply. Frick, quite the a##hole that rockton fella. whoa.
Actually, I've been a stockholder for probably about 6 months too. I was first put onto Orbite by Claude Cormier in his Ormetal Report. I saw that Sprott's Alan Jacob's had it has a top 10 holding at the time, so I decided to get my feet wet. I think my initial purchases were near the low in September 2011.
Frankly, I've been really impressed with the Orbite story for a while. But it's a complex story, and yesterday it became apparent that I needed to dig deeper - so spent the whole night last night getting up to speed. I realize Orbite has been through some glitches with their PEA in the past couple months. But actually, that doesn't really bother me. S##t happens. The determination I'm trying to make is how far along is Orbite in their ability to de-risk the commercialization of the project. My sense after last night's reading, is actually quite far. In fact, after reading several research reports and blogs posts last night, Hodgin's comments on BNN last night seem a bit laughable.
I find as an investor, in the past I have been somewhat prone to "fall in love" with a company/stock, particularly around a really good story. My god where to start. Well, how about Wi-LAN in 2000! Ouch. So while there has to be a good story there, I'll always be skeptical and kick the tires. But I certainly am of the opinion that Orbite is much more than a "concept" at this point. Even if revenue doesn't begin to flow until later in 2012.
Thanks for the kind reply. Best wishes,
glenn
Stockhouse.com: Taking
it to the street
