This stock has been stumping me for the past few weeks. Great swing stock or daytrade. But lately on a downtrend that just does not make sense to the amount of the downtrend. This company has got a good revenue stream in many areas and paople are dumping because of the Russian contract alone as far as I can see anyway. It appears to be at a good buy price now but it could go lower if the momentum keeps up. If they get a strong PR this could run back to the mid $4 range.
Posted by R1Man on :
Nice post........but go read the MOTLEY FOOL latest edition about GTE. Enough said.........
Posted by 55great on :
This stock could rebound once agian, who knows...it has made me money more than once...but the motley fool has hit the nail on the head...this stock now scares me...if for no other reason look at the recent insider trading!!!! It would appear the folks on the inside have lost faith as well.
Posted by loggerhead on :
udsg is where the money is going to be made it made a split on the 21 April,there is going to be a large jump in volume this comeing week
Posted by 55great on :
GTE...Wow what some awful news for GTE today...nearly 30% down and I don't think it will recover this time. I would Sell Sell Sell.
Posted by 55great on :
Call me crazy...but a sunk a couple bucks as the news drove GTE down to around 1.32 earlier this week. Wow! I think they may creep back up for another 40%+ in the bag...this will be the 3rd time in 6 months GTE has done this me.
Posted by R1Man on :
I missed out on getting in today. I was going to jump in with $10,000 at $1.33 but was scared I might drive the price up while buying.
Posted by 55great on :
Good luck on Monday...1.43 not bad either...Look at the charts going back as far as Sept 2005. A risky company in some minds...but there more to GTE than the Russian deal...and it gonna be exciting if that Russian deal or the airship takes off....that will be a profitable day for some...I hope the timing works out for me...I have owned GTE several times and made money each time...timing is everything...I would say any purchase under 1.50 this coming week could still be exciting.
Posted by abram on :
Looks like a bloody knife to me, good luck ALL!
Posted by 55great on :
I know it...I hate this company and its management...but I just can't stay away...as ugly as it may be...it is at a buy price today, and I have made money with this company on several occasions. It hard to explain but I would guess within 45 days this stock will spike again for another 40% day.
Posted by R1Man on :
Wow........more lawsuits.....I jumped in with $2,000 at $1.15 today.
Posted by 55great on :
R1, Good for you...at a 1.15 you will make some money. I got $1,000 more today at $1.03. Lets just sit and wait...today was the 52 week low and I think if we repeat last weeks events. Tomorrow GTE will respond to the additional lawsuit and we should pick up 15% :-)
Posted by Bill2Drunk on :
There was more lawsuits.....But read my post on page 54 of GTEL on "hot stocks free for all". I'm not worried.....I did miss out....I have more than $25,000 sitting around and I have desinated $10,000 of it for GTE.....I almost clicked buy when it was at $0.97.....DAMN....I would of really kicked GTE through the "uprights". I will watch again today and see what happens.....If I wake up.
This is R1Man by the way.....going back to my old account and will change this name (Bill2Drunk) to R1Man.....maybe.
Posted by Bill2Drunk on :
I knew I should of dropped my BOMBS on this stock......rrrrrrrr!!! $1.27.
Posted by Bill2Drunk on :
Looking good.........$1.45.
Posted by 55great on :
Hey Bill...I smiling this morning...however I'm not letting a quick 45% gain slip through the crack...I sold at 1.58...GTE and I will have another day. Next lawsuit I will load up again...lol