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Think you'll be waiting a long time then....doubt we'll ever see $3.00
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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We have daytraders playing GTE these days...its perfect for that right now with the daily runs and dips.
I also think it is great news.....on schedule so to speak IMO...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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looks loke its trading sideways with the typical wave pattern. seems like it could do this for awhile until better news. might be good for swinging
-------------------- jordan Posts: 5001 | From: st paul,mn | Registered: Feb 2004
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I've been holding for a while now. Things are looking good!
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Getting closer to launch. This could pop anytime with big block buying. Good Luck trying to pick bottom. AMEX eyes on us now. Don't get left behind!
Posts: 208 | Registered: Sep 2004
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Any one else see Cramer today. Someone called with GTE. He gave it a sell sell sell........ouch
Posts: 274 | From: union,nj,usa | Registered: Jan 2004
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[QUOTE]Originally posted by charger: Any one else see Cramer today. Someone called with GTE. He gave it a sell sell sell........ouch ------------------------------------------------- Cramer is going to blow a fuse right infront of us someday...
I stated along time ago this company moved way to fast to the AMEX
The reverse split was ill timed and poorly thought out.
They should have waited till the STRAT was flying!
And then took a shot at the Nasdaq...........
I really hope the shareholders come out of this OK
Posts: 10729 | From: oregon | Registered: Feb 2005
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Cramer did not like GTE because he doesnt like the whole telecom sector... not just this stock.
Posts: 274 | From: union,nj,usa | Registered: Jan 2004
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[QUOTE]Originally posted by charger: [QB] Cramer did not like GTE because he doesnt like the whole telecom sector... not just this stock. ------------------------------------------------ Cramer went on a rant today about any stock under $5 .......
He really went off on $2 stocks..............
Basicly what he was saying is there will be a bit of a run on these cheap stocks for a couple of weeks... Then look out below, cuz here they come........
The street is going to wait and see what this company does.........
Don't think institutional buyers [ public ] are coming , they can't buy this stock under $5 .....
There's more, but I don't want to go into it again.........
Posts: 10729 | From: oregon | Registered: Feb 2005
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Slow down guys, take it easy on each other. Listen, now that we are on the AMEX, there will be more heavy investors that will speculate on something this promising with more than one revenue source. The closer we get to launch, the PPS will start to rise. After $5.00(maybe before a launch)the PPS will move up on momentum. When the strat flies, watch the upward spike never to look back! Just my opinion.Good Luck!
Posts: 208 | Registered: Sep 2004
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I have to agree with Pirate. I admit I'm feeling nervous seeing the pps down here at $3.25, but we've been holding for the strat to fly and its getting closer and closer. Remember, we've seen this price level before. $3.25 equates to .216 pre-split. It was down there after the "rollout" disaster.
Posts: 176 | From: South Bay, California | Registered: Feb 2005
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Looking like Peaser may get his $3 a share price... I am still holding since .04 cents a share....and I will be buying and holding more..Cramer does not know everything.. I am up and have used profits to buy other things. Gtel has been good to me.
-------------------- If all goes well then great, if not, make it work. Posts: 2560 | From: Louisville, KY | Registered: Feb 2005
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The individuals involved in managing this company and its PR have made one mistake after another. The latest blunder of the R/S, was the proverbial straw that broke the camel's back. They disrupted what could have turned out to have been a potentially good rally when they did this, because the pps was steadily rising back into the high .20's when they made the R/S announcement.
Anyhow, that doesn't matter now, I made nearly 100% profit off this sucker and am quite pleased with my trade.
If the strat gets up in the air AND....
big AND here...
if it works after it gets up in the stratosphere,
then I may re-enter.
-------------------- Whatever... Posts: 81 | From: Rhode Island | Registered: Jan 2005
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Peaser01) Last I heard, GTE was going to launch in U.S. AIR FORCE space with NASA's help or guidance, no FAA approval will be needed for the initial test. FAA approval is in the works. I got this info from another board, so I'm not sure how accurate it is. If this first test flight is a success, expect to chase the PPS much higher than where you got out. Sometimes better safe than sorry. Other times it pays to take a risk! Good Luck to you in any case.
Posts: 208 | Registered: Sep 2004
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quote:Originally posted by That's Fact Up, Dude...: I got out at 3.68 a few days ago!!
Whew! Looks like I may have done the right thing.
The individuals involved in managing this company and its PR have made one mistake after another. The latest blunder of the R/S, was the proverbial straw that broke the camel's back. They disrupted what could have turned out to have been a potentially good rally when they did this, because the pps was steadily rising back into the high .20's when they made the R/S announcement.
Anyhow, that doesn't matter now, I made nearly 100% profit off this sucker and am quite pleased with my trade.
If the strat gets up in the air AND....
big AND here...
if it works after it gets up in the stratosphere,
then I may re-enter.
I got out at 3.74 the other day and made some cash. Glad I did. Then got back in yesterday with more. I don't want to stray to far from this. New news about launches etc. will bring this right back up. Up and down...that's what stocks do. But explain to me how the R/S was a "blunder" when they reduced the number of shares, moved to the AMEX attracting new investors, and in doing so, the amount of money in your account didn't change one bit? Give me a million dollar bill or a million one dollar bills...what is the difference??
Posts: 421 | From: Florida | Registered: Mar 2005
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Just don't forget about GTE's last PR about getting ready to move, or beginning to move to the launch site. It could be some time before S1 is disassembled and then reassembled. This might be good for day trading for the next few weeks or month, but I'm not looking to hold it until after the move is complete.
-------------------- Buy Low. Sell High. Posts: 9894 | From: The Land Of The Giants | Registered: Feb 2005
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The prototype has already been disassembled and moved to Palmdale. A reputable source from another board called and confirmed it with Globetel. So launch could be much closer than anticipated IMO....
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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<HoldingGTEL>
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quote:Originally posted by Peaser01: Just don't forget about GTE's last PR about getting ready to move, or beginning to move to the launch site. It could be some time before S1 is disassembled and then reassembled. This might be good for day trading for the next few weeks or month, but I'm not looking to hold it until after the move is complete.
I believe the last PR stated they had completed the move.
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Yes...the move is already complete. The follow-up call to Globetel was after that PR to confirm the prototype had also been moved. And that was confirmed by Globetel.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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quote:Originally posted by Peaser01: "planned to be carried out later this year"
Looking to buy back under $3.00
Looks like your getting your wish.....
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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Don't forget the .36 pre-split, this was over $5.00 at one point. At $3.00 post split this is cheap. With good news (not just about the strat) we could rebound very fast. GTE has all of the ducks in a row! IMHO, you don't want to be left behind trying to pick bottom.
Posts: 208 | Registered: Sep 2004
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Alot of volume this AM....over 500K within first 45 mins....
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2489 | From: St. Louis | Registered: Feb 2005
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