posted
If you asked me last week, I would have said she can go lower, but the RSI is around 45, which we have not seen since the beginning of December last year.
It would take a lot of selling pressure to push her lower and I just don't see that coming.
I see accumulation for the second showing (a tethered airship) and the transfer to Edwards. If either of those things fails or is delayed significantly then we'll see another drop.
Posts: 852 | From: Pacific Northwest | Registered: Jan 2005
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posted
d6veteran, I agree. Since the international media coverage, based on volume, I think there's alot of new stockholders that probably bought in above .23 . My guess is the majority of them will hold until the launch. And the events you mentioned will only bring more newbies. I don't see this ever getting below .23 before the launch unless some unexpected negative news came out.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
Stock and D6..you guys make very good points. Just don't forget about those pesky MMs doing their job.....they could easily shake the hell out of this thing....we've been there done that....
-------------------- Raptor----Don't confuse bad luck with bad judgement Posts: 1813 | From: Ft. Worth Texas | Registered: Aug 2004
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posted
Timothy Huff, CEO of Globetel Communications Corp. (OTC Bulletin Board: GTEL - News) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include discussions on the following topics:
-- The company's four segments of business -- Advantages of Sanswire airships over satellites -- Talks with NASA and the FAA -- Timeline for profitability -- International market opportunities -- Operational highlights from 2004 -- Management bios -- Upcoming milestones
To hear the interview in its entirety visit www.wallst.net. The interview can be accessed by locating the company's ticker symbol under the exchange on which it trades on the left hand column of the homepage, or by entering the company's ticker symbol in the Audio Search window.
posted
Since it is relatively slow for me today and the fact that I have not had any Phrog-bashing posts in a while, thought I would throw a couple of thoughts out there for fodder.
*DISCLAIMER*: This is for conversation and debate. These are questions that have come to me as a result of reading past posts. I am long on GTEL...
1. Financials. Since this is being delayed, is it unreasonable to assume we will incur further and unexpected expenses like extention of the lease of the San Bernadino hangar, cost of housing non-residents in the California area, etc.? Further, we are attempting to start building S-2 and I think summer time frame was mentioned. Does anyone see anyway of paying for these other than share dillution?
2. Share Structure. I believe the A/S is like 1.5B with O/S being just over 1.0B. That leaves about 400M shares with which to generate cash flow as GTEL is not yet positive. Does a R/S change A/S or is just O/S reduced by the ratio? How does this play given we have a need for liquid capital in the near future? I am not addressing the move to the AMEX in which I believe a R/S would be prudent but is a seperate issue.
3. Tethered Tests. I have read several posts about the mentioning of tethered tests and wanting to see a covered strat photo. Does anyone think that is would happen? My thinking is not and this is why. Remember, flight is obtained through a series of weather balloon-like structures. The covering is just for aerodynamics and is not required for flight, particualarly tethered flights. I would think they would save the money and time associated with putting on the cover as they would have to take it off again for the move to Edwards and it is not really funtional.
4. Vertical Movement. There is a huge wall at .34 - .37. This hase been attempted at least twice times and has fallen 30% - 40% each time. This is a HUGE obstacle that be adressed. It might take a little more than tethered pictures and a move to Edwards for that to come down. Realistically, I wuld be very (and pleasantly) surprised to see anything over .30 - .315 on anything other than an annoucment of successful, high altitude flight. Not necessarily test complete, but at least up there and flying.
-------------------- "You cannot play them all, so pick good ones and play them well." Posts: 176 | From: San Diego, Ca | Registered: Dec 2004
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quote:Originally posted by crusader30: Timothy Huff, CEO of Globetel Communications Corp. (OTC Bulletin Board: GTEL - News) recently granted Wall Street Network an exclusive audio interview profiling the company. Interview highlights include discussions on the following topics:
-- The company's four segments of business -- Advantages of Sanswire airships over satellites -- Talks with NASA and the FAA -- Timeline for profitability -- International market opportunities -- Operational highlights from 2004 -- Management bios -- Upcoming milestones
To hear the interview in its entirety visit www.wallst.net. The interview can be accessed by locating the company's ticker symbol under the exchange on which it trades on the left hand column of the homepage, or by entering the company's ticker symbol in the Audio Search window.
Also, the "NA" you see means they don't have a photo for Huff; I mention this because it takes a while for the audio player to load, so don't think it means the interview is "Not Available"--it is, and it's pretty good.
posted
Phrogger, based on the two phrases below taken out of the March 15, 2005 letter to shareholders on the GTEL website, I believe the 'tethered' strat will be 'complete' and in the air (thus the reason for tethering). That was what was originally planned for the viewing anyway. Also the financial situation seems to be already addressed through their revenues (without further share dilution). But these points are of interest to all of us. ________________________________________________ At the public viewing of Sanswire One, the airship will be in the air, lashed to the ground with guide wires. The airship will be complete with all systems needed to fly. __________________________________________________ Our margins in the carrier business have grown substantially in the first quarter and this is what drives our prediction to reach profitability by the end of the second quarter.
-------------------- "Whether you think that you can, or that you can't, you are usually right." - Henry Ford Posts: 798 | Registered: Jun 2004
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posted
There was another article that I read, as I mentioned before, I'm not going to go back and look for it, I believe I posted a link to it or posted the actual article a ways back in the thread. Anyways, the article specifically stated that GTEL will do propulsion testing of Sanswire One as it is teathered outside the hanger before moving it to EAB. If I remember right, this news came out in early April.
The biggest news that I remember hearing about when S1 will be complete was when Timothy Huff said at the viewing that this could take 30, 60, or even 120 days to complete.
That statement by Timothy Huff is my main concern for our share price over the next two months, as I mentioned yesterday.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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Since the first quote you sighted was regarding an event we know did not happen as was told it would, it might not be the best source of reference. But, if you still take the last sentence, the outer covering is not needed for low, tethered flights. This is really just semantics, but I think some are looking for a 'pretty' strat when we might just see a the frame with "all systems neeeded to fly."
As for the second quote (profitablility), I am hoping for that as well, but will not bank on it until the report is filed.
-------------------- "You cannot play them all, so pick good ones and play them well." Posts: 176 | From: San Diego, Ca | Registered: Dec 2004
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<gtel price dropping>
unregistered
posted
.20 is my buy in.. maybe less .18 .17
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Wireless Goes Sky-High By Rich Duprey (TMF Cop) April 21, 2005
Bringing wireless high-speed Internet access to the masses, whether they are in cities, on the plains, in the bush of Africa, or the outback of Australia, is a goal of the recently unveiled WiMax technology I discussed yesterday. Yet one of the problems mentioned was cost, and not just for the chips but also for the transmitters. Intel's (Nasdaq: INTC) entry into the WiMax chip market should help with the former, but the latter still represents a hurdle, and even with a range of 30 miles (at best), more towers will need to be built.
But what if that 30-mile coverage area could be exceeded exponentially? That's the hype surrounding the unveiling of the Stratellite, a lighter-than-air dirigible being built by Sanswire Networks, a subsidiary of GlobeTel (OTC BB: GTEL). According to the company, it has further capabilities of also providing wireless voice, video, and data services, and it believes it could have military applications as well.
The idea behind the Stratellite -- and it's just an idea as the company only has a prototype that it hopes to begin testing at Edwards Air Force Base in mid-summer -- is to have non-flammable, helium-filled blimps fly some 13 miles (65,000 feet) up in the stratosphere. From that altitude, which is above the turbulence of the jet stream and below the flight path of actual satellites, the dirigibles would each be able to provide coverage areas of some 300,000 square miles, approximately the size of Texas. The shark-shaped blimps are expected to be smaller than the Goodyear (NYSE: GT) blimp, and would feature a flatter nose than is commonly associated with dirigibles. They would be kept in orbit by electric motors powered by solar cells and would remain aloft for about 18 months before being brought down for servicing.
Companies like GlobeTel are too small, untested, and speculative to be considered as investment possibilities in Hidden Gems, the Motley Fool's small-cap newsletter. Yet it was on the newsletter's dedicated discussion boards that the idea was first broached, and where other, more investment-worthy companies are discussed, analyzed, and dissected every day.
So let's be clear: This is a highly speculative idea from a highly speculative, penny-stock company. I would not consider investing in it anytime soon, not until the company has proven itself. As I said, the company doesn't even have an actual Stratellite built yet, only a prototype, and it needs to jump over a lot more hurdles before it can become a working business. Not only does it need approval from the Federal Aviation Administration to fly its blimps, but it also has to get permission from NASA and the Air Force. While the company says its airships are airworthy, that still remains to be seen. The stratosphere, while largely unused, is also untested for such aircraft.
Let's also not forget the stunning failure of Motorola's (NYSE: MOT) Iridium spin-off project, which is still costing the company millions in legal fees from lawsuits filed over its demise. Satellite telephones were supposed to be the next big thing of the 1990s as markets opened in China and the former Soviet Union. They were supposed to bring mobile communications to every corner of the globe. Iridium launched 66 communications satellites into orbit, but ultimately went bankrupt. Globalstar was another front-runner in the race, launching an additional 48 satellites before it, too, declared bankruptcy. A third company, Teldesic, had planned to launch as many as 288 satellites but could never generate any backing after Iridium and Globalstar failed. Lockheed Martin (NYSE: LMT) and Boeing's (NYSE: BA) McDonnell Douglas also took a hit as their investment in launch vehicles to put all those satellites into space came to naught.
GlobeTel says one of the benefits of the Stratellite is the lower cost of the dirigible compared to satellites. It estimates one of its blimps will be about one-tenth the cost of a satellite -- $25-$30 million versus $250 million. With an ambitious goal of dozens, if not hundreds of Stratellites, it's going to need more than the $29 million in revenues it earned all of last year. Losses for 2004 totaled $13 million.
Stratospheric telecommunications is an interesting subject, and it is fun to think about its potential, but it's definitely not one I'd be wagering any of my money on anytime soon.
Want to find exciting investments you can actually invest in today? Take the 30-day free trial to Motley Fool Hidden Gems, where Tom Gardner's recommendations are already in the stratosphere, thumping the market by almost 7 to 1!
Fool contributor Rich Duprey does not recommend investing in penny stocks. He owns shares in Goodyear but does not own any of the other stocks mentioned in the article.
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posted
Just came to post the Motley Fool link. Great PR imo, despite his multiple warnings and cautionary notes.
Posts: 852 | From: Pacific Northwest | Registered: Jan 2005
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quote:Originally posted by <gtel price dropping>: .20 is my buy in..
Same here, but for only day or two. With today news probably price go under 0.20. When price was go up, big support was at 0.134, waiting for around that price to get in for real.
I watch GTEL about year and half, first time buy it at 0.085 but sold it too early, at around 0.25.
Posts: 24 | From: Croatia | Registered: Feb 2005
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posted
In regards to the Motley Fool article...At this point in time any news can be considered good news. After all, all investors in this stock already knew it was speculative but also was aware of its great potential. True, Sanswire may or may not be the ones to bring this technology to fruition but there is no doubt in my mind that it's just a matter of time before it becomes available to the world. Sanswire has the jump on everyone else and that speaks loudly to other investors that realize the potential. Waiting until something has been proven may very well be too late for the big move that I think this stock will eventually get. If it does pull back due to this article, I see it as a buying oportunity. In for the long haul. Good fortune to all!
Posts: 2 | From: Austin, TX | Registered: Apr 2005
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posted
I'm looking for a buy back in price around .18 or under. All the PR's in the world won't help us until there is solid evidence, such as photos of the completed S1. There will be a nice bump when the new photos are released, but I'm not holding my breath about any other PR unless it's about S1 being completed.
-------------------- Buy Low. Sell High. Posts: 10754 | From: The Land Of The Giants | Registered: Feb 2005
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posted
Hmmm we get a positrive mention on Forbes and we still drop. This looks like another MRKL goodbye GTEL
Posts: 396 | From: Blue Springs MO USA | Registered: Oct 2004
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posted
Position from a newbie, so feel free to point out the error of my logic: If gtel dips to .18, yes--what an excellent re-buy (or entry, ftm). Forbes/Fool et al are not looking at this as a paradigm shift, which it will be if it this *micro* company somehow pulls it off. B-U-T where was Forbes when Sam Walton was at an equivalent position? Bottom Line: get out, get in, over n over...as long as you're _watching_. IF it hits--even if a bigger company has to take over--the stratellite welds all their competencies into a MONSTER.
Since they never endorse anything under a couple of bucks (but strive for 5) todays article was wonderful. Can you imagine all the stock hounds that read it not knowing that GTEL existed before.
They wouldn't have posted it unless GTEL has gotten their attention.
posted
This stock can't stand any more PR (good or bad). Even the .18 may be overpriced.
Posts: 230 | From: Virginia | Registered: Mar 2005
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posted
I have a question. I am sure that the MM'S read the posts on the most popular stocks on the most popular bulletin boards ,like this one and RB, MY QUESTION IS , Do you think it is wise to post where you want a stock to drop to before you start buying again. it seems like we are taking the guess work out of their job and giving them the green light to hammer the stock down to your posted price or less to start a flurry of transactions, that is how they make their money and take ours. I have noticed that after such postings the stock always drops down to the posted amount or lower. We are making it to easy for them. Just my observation the last year or so . I am not a basher and wish good luck to all
-------------------- Better lucky than good grandpa Posts: 37 | From: dorr michigan 49323 | Registered: Jun 2004
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quote:Originally posted by glassman: wow, maybe the MM's are the one's posting?
LOL..........................
Good One Glassman. Actually the action is pretty much in line with the past couple of months. It really looks like it's holding it's own. All the daily swings are usual. IMO the MM's should have enough shares stock piled for the next "Positive PR"
posted
glassman so with this mm accumulation do you see a move back up near term? Maybe they know something we don't know ?
Posts: 188 | From: illinois | Registered: Jan 2004
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posted
The MM's always know things we don't. They know we buy when we should be sellin and vice-versa [lol].
Posts: 230 | From: Virginia | Registered: Mar 2005
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