posted
Well, I don't have that kind of money to play with Guess you are a Day Trader ? I'm not a day trader, so if I sell a Stock I can't buy it back for 3 days.
posted
No, I don't have that kind of money either. I take the profit while I can. I could very well miss the next rise while I wait for my transaction to clear. I try to be happy with a 20%+ gain. Golden rule: You haven't made any profit until after you sell.
On the other hand, I feel comfortable holding ALMI, because of it's history. GTEL doesn't have ALMI's type of history, and that is important to me for trending. I've also watched ALMI for a lot longer and know more about it than I do for GTEL. ALMI has a proven value in their clay; GTEL's tech is not yet fully proven. Anyway, that's my take on it for what it's worth.
-------------------- May your trading build your character as well as your portfolio.
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posted
OK,Thorn Thank you very much . I guess it depends on how many shares you have to sell with a 20% gain. If one has only 500 shares , it doesn't pay to sell, but if you have shares in the 1000th, than its a different story, right ???
posted
Well, yes. It would be extremely difficult to trade $100 worth of any stock and make money. With Ameritrade for example that would mean the first 22% of the gain would go toward the brokerage fee. =|
-------------------- May your trading build your character as well as your portfolio.
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posted
Do any of you have any idea what the likely hood of the test in feb. going well? I know i have heard that that isnt all there business is based around but i get the sence that most people think it is. And considering perception is everything what do you guys think the odds are this thing will be a success in feb?
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posted
do you really think it could make it to the amex... remember there are lots of do nothing no hope stocks that are 2 or 3 bucks. So with Nasa and with an Astronaut and with a successful test. This thing could go to the moon.
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posted
actually it was already starting up before the NASA letter, look when i started this thread...this is similar to SIRI in that it has a large float...it will go up and down a little but generally should trend up 'till the flight happens (or is postponed) not to be negative, but it is a very ambitious project...and as i have said many times already space satellites are VERY 'spensive.....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
i think this thing could be used for radio like siri, tv, broadband, local fire and police. cell phones. this thing if it works could have dozens of uses. it could be an inexpensive satelite. Nasa has been trending with this with long term high altitude flights of slow ballon like airplanes that are suppose to just hover.
I also love, cnese, gzfx, ncdp, lftc, gtel I am long but they go up I sell all but 100 shares then i buy back on falls. I leave a little in my account so i can watch and remember them.
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posted
GTEL has been UP 37.70% over the past 3 days with high volume. In the past 6 months, GTEL is in an UP trend with an average daily volume of 14.16 million shares. It is a liquid penny stock, suitable for frequent trading. Now Tradetrek thinks GTEL is excessively overbought. It has now reached the 6-month new high. GTEL has a Market Beta of 1.22. Each 100 shares of GTEL has a Value-At-Risk (VAR) of $3. COULD SOMEONE EXPLAIN A FEW THINGS 1)EXCESSIVELY OVERBOUGHT WHAT ARE THEY SAYING? GOOD OR BAD IF OVER BOUGHT 2)BETA 1.22 IS HIGHER BETTER THEN LOWER BETA WHAT DOES IT MEAN FOR EXAMPLE IDTA BETA IS 2.69 3)EACH 100 SHARES HAS (VAR) OF $3 THAT EQUALS .03 EACH WHAT ARE THEY TRYING TO SAY ABOUT THE (VAR) DOES IT MEAN THAT IS HOW LOW THE STOCK MAY GO OR WHAT.
posted
stnkng1 - The RSI fo this stock is 76.6 which is considered "overbought" (anything > 70). Every chart I've looked at when the stock is "overbought", there's a selloff coming which brings it down in between the 30 - 70 range. Under 30, the stock is consider "oversold". That's the way I understand it. Any comments is appreciated.
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posted
all that stuff is meaningless in the penny world. all pennies s u c k with pennies you might as well be playing the lottery... so understand that. all kinds of people try to move nasdaq,nyse,amex techniques onto otcbb/pinks but what makes a penny work is press releases and pumping. every move in gtel is based on a pr. compare the highs to the dates of the pr's and you will see. go check another stock like cnese and look at a year and look at the spikes and then look at the dates of the pr's. pennies are also controled by market makers, volume and float.\ in fact a great penny can violate all the traditional rules, have a bad beta, be in tons of debt, be absolutely profitless, and have all the insiders selling. and not even have a product out. but with a fancy web page, a great slogan, some good pr, a dream, a low float, a group of pumpers, and some cooperative MM's it will make you money. mostly the pennies run and fall. 1 in 1000 with great concepts go on to the big time.
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posted
I would love for gtel to crash so i can get some more but the fall is not based on all the technicals but on when the next pr will be. so the trial flight will be in feb so hopefully there will be a good decline before the next pr.
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posted
you are proly right blueranger. i'm not in right now with gtel. i think a profit taking is coming. and like you said, with the feb trial flight coming, it could take off big time with success. if it fails, it could be at it's mid decemeber 04 low of .075. like everyhting in life - it's a gamble.
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posted
gtel scares me. I am afaird it might just keep going up. with nasa and a real astronaut it might just keep gradually climbing which would be awful...what would be good would be a couple of month delay and a 80% decline. then I could get a gabillion shares.
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posted
maybe they could have some troubled waters ahead. 3 or 4 failures, some licsence problems and so on and fall to .0001... then I could really load up. ha ha ha I own gzfx, cnese, gtel, ncdp, msep, lftc
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posted
tell me about it. it could be another mid december scenario. it shot up to .125 and the next day it lost 40% of it's value. i think it will settle down to .10 - .12. i think that would be a good time to get in. it still shows going up, but a lot of volitale (sp?) action in between.
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posted
ALLS I GOT TO SAY IS MAKE SURE YOU ALL BUY SOME IDTA EARLY TOMMORROW ITS GONNA FLY REAL SOON. I BELEIVE ITS GOONA GET TO .05 SOONER THEN WE THINK. DO YOUR OWN DD BUT ATLEAST KEEP AN EYE ON THIS 1
posted
well lets watch this thing together. but i really am afaird its just going to keep going up. I also love cnese which is an automated meter reading company.
posted
during ww2 london had airships teathered in the sky hoping the cables would catch wary enemy aircraft. so putting a blimp hovering overhead is not that big of a deal. but i imagine there will be some tough regulator times ahead. I am sure the faa will have something to say about an unmanned aircraft
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Sanswire Networks Signs Agreement to Launch Stratellites in South America Thursday January 27, 8:01 am ET
PEMBROKE PINES, Fla.--(BUSINESS WIRE)--Jan. 27, 2005--Sanswire Networks, LLC, a wholly-owned subsidiary of GlobeTel Communications Corp. (OTCBB:GTEL - News) announced today that it has entered into an agreement to build and launch Stratellites throughout South America. The agreement calls for Sanswire to enter into a Joint-Venture Agreement with Orlando, Florida based Dynamic International Networks, Inc. to build and operate Sanswire's high-altitude airships called Stratellites in various South American countries. The Agreement calls for the first Stratellite to be launched over Lima, Peru to provide various wireless services to the Peruvian capital and surrounding areas.
Communications operations in Peru will be handled by Dynamic's affiliate, Beacon Supply Comunicaciones, S.A. of Lima. Sanswire will handle all matters associated with the Stratellite. The Joint-Venture operating company will be called Sanswire Peru and will offer new services such as wireless broadband, VOIP telephony, and video. Funding for the project will be provided by Dynamic International Networks in conjunction with support from their local Foundation partners.
"We knew our expansion into South America would be an important part of the Company's growth. This Agreement will significantly expedite that process," said Michael K. Molen, Chairman of Sanswire Networks. "Not only will we launch a Stratellite in Peru, but our partners have plans to expand into all parts of South America. Because of the limited infrastructure in that part of the world, the Stratellites are a perfect solution."
Founded in 1997 in Orlando, FL, Dynamic International Networks, Inc. offers consulting services in various state-of-the-art technologies. The Company does business in several South American countries, including Mexico, Peru, Brazil, and Venezuela. Currently, the Company is developing the Bolivar Telecommunications Project called "Bolivar" with the vision of integrating Bolivarian countries with state-of- the-art technologies and shared solutions that provide a variety of communications projects and strategic alliances.
"We have followed the progress of Sanswire and the Stratellite project for some time now and we are extremely excited about bringing this cutting edge technology to the people of South America," said Ernesto Uribe Abad, President of Dynamic International Networks. "Together with Sanswire, we will change wireless communications in South America forever."
A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 13 miles, each Stratellite will have clear line-of-sight to an entire major metropolitan area. A Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices. Proposed telecommunications uses include wireless broadband, cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV and others. To learn more about the Stratellites, visit the Company's website at www.sanswire.com .
Safe Harbor Statements
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Placement Act of 1995. The words "forecast", "project", "intend", "expect", "should", "would", and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
quote:Originally posted by gmh37: Well, I don't have that kind of money to play with Guess you are a Day Trader ? I'm not a day trader, so if I sell a Stock I can't buy it back for 3 days.
gmh37
I really don't know much about daytraders/daytrading. Is there a special account and/or funding amount that a non-professional can have that allows him to get his proceeds back the same or next day he sells, regardless of when he buys the stock? How do daytraders do it? Do they just juggle their money so that they always have some free cash? Do they have to wait just like the rest of us as long as they avoid the SEC ruling for overusing their margin buying power?
-------------------- May your trading build your character as well as your portfolio.
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IF you sign up for margin...i recommend that you trade for a YEAR BEFORE you actually tap the margin..even now, i never use it myself..i just have it to facilitate settlement times....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
Isn't there some SEC limitations on doing that? Have you ever overdone day-trades and had a restricted account (and what does that entail?). Tx.
-------------------- May your trading build your character as well as your portfolio.
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quote:Originally posted by blueranger: during ww2 london had airships teathered in the sky hoping the cables would catch wary enemy aircraft. so putting a blimp hovering overhead is not that big of a deal. but i imagine there will be some tough regulator times ahead. I am sure the faa will have something to say about an unmanned aircraft
BR, Keeping mind the altitude this thing is flying at (60K'-70K'). Normal commercial routes are flown at around 30-35K. The only things flying at these altitudes are space ships (on their way up and down), wx balloons, and whatever the military is using instead of the U-2 and SR-71 spay planes.
-------------------- "You cannot play them all, so pick good ones and play them well."
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