The company's in the business of unclogging clogged-up oil & gas wells and to do so it plans to utilize a revolutionary Russian technology it is exclusively licensed to use.

The demand for GETC's services in this hemisphere is huge and growing and the near-term profit potential here is explosive.

But a huge short position on the part of market makers, thought to be in the 3 to 7 million share range, is also adding to the obvious recent interest in these shares.

Sparky thinks these GETC shares are a steal at any price below a buck!

Sparky

There are many indicators day traders may use to determine if the breakout is solid and will continue. One I find interesting is the 50% rules and this held Wednesday and Thursday.

The close on Thursday was .25 x .27 with last trade at .265. Before opened today, the MMs have moved to .25 x .30

GETC has been consolidating at the upper range after its breakout on volume. This is healthy.

The 50% rule is in play. It is a way to measure the strength when a stock is in a strong up trend.
When you get a wide and volitile candle bar the next day it should never take out more than 50% of the prevous days action.

For the 50% rule not to be violated, GETC could pull back to the 23 cent area.

If this buying continues in the afternoon, the stock should be back in the 30s.

FRIDAY , FEBRUARY 20, 2004 01:29 PM

This is the 1st VOLUME alert for GETC in the past 7 calendar days.

Trading for Geotec Thermal Generators Inc (OTCBB: GETC) has been heavier than usual in today's session. By 13:30 ET, the stock had already traded 271,100 shares via 26 trades. The cumulative volume is 58.79% above its 20-day average of 170,730. Normally the stock experiences around 20 individual trades per session.

So far, today's volume surge has caused a net rise in GETC's stock price. At the time of this alert, the stock was trading at $0.335, up $0.070 (+26.42%).

One year ago, the Company's shares closed at $0.175. The price has gained more than 91 percent since then.

Over the last 10 trading session GETC has traded in a range between $0.110 and $0.350 and is currently trading 20.24% below its 52-week high of $0.420 set on March 25, 2003 and 235.00% above its 52-week low of $0.100 from January 02, 2004.

In the previous 3 sessions, GETC trading has displayed a mixed trend. Closing results have been as follows:

February 19, 2004 --- closed at $0.265 down $0.075 (-22.06%) on 391,500 shares
February 18, 2004 --- closed at $0.340 up $0.040 (+13.33%) on 896,000 shares
February 17, 2004 --- closed at $0.300 up $0.140 (+87.50%) on 966,400 shares

The Company last released news on September 30, 2003:

"Geotec Thermal Generators, Inc. Reports Engineering Development in Ecuador"

It's pulled back and should consolidate near the 0.50 area, and ready itself for the next move upwards.