posted
the MM's know everything we don't know....LOL
i just watch the trading patterns...
what i saw was a lot MORE trades going thru on the BID, than the ask.... that USUALLY means the MM's are buying them... if they go thru on the ask? that USUALLY mean the MM's are selling them....
in the past? when i have been "fortunate" enough to buy on the BID? that stock tanked...the MM's were dumping shares.... on the flip side of that? i often put a sell order in above the ASK, and the MM's will take them from me BEFORE they raise the ask..this is when the PPS is rising...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I'm holding 40k at .25 for the next run up. I've got another buy order in at .20 for an additional 20k. I know it this stock is not done and we haven't reached the year high. I have my sights set on at least 50 by mid-summer and truly believe this stock is capable of that. I truly thought we'd get a boost from the rollout and that the pps would pop over .40 but, obviously, I was wrong. I'm all for making this a swing trade but don't want to be left in the "dust" by an all-out run. However, I know the company is looking to jump to AMEX and I don't see how they can do that with the number of shares out there. IMO, I see a R/S to reign in the number of shares before making the jump. I've got $10k wrapped up in this company which is the most I've ever held in an OTC. They've got a good idea and good people working it, but it is untested technology and there will be bumps. Also, don't forget their STORED VALUE CARDS. That, in itself, is a GOLDMINE I tell you <snicker>
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GTEL isn't going to run away from anyone anytime soon
She is on my radar, but there is too many other stocks moving right now to hold GTEL while the PPS stagnates. That's just my thinking. I could be wrong.
When she starts running I am confident I can get in at a good price and will have more money from my other plays until then. I'm up over 2.5k on *sold* positions this week. Lots of bottom plays left from the bear run down this past month.
quote:Originally posted by Sgt. Steiner: What can you expect? The insiders are All selling we should have seen it coming
Ya I went against my trading plan when I didn't sell at .35. I got all caught up in the "we'll be millionaires" talk on the boards. It happens, and this is an easy stock to get excited about.
But like I said before, don't fall in love with your stock.
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posted
hey guys.. looking for a little advice.. this is actually my first time getting into trading so i know very little. i am in with 18.5k shares averaging .32 How much lower can this thing go? should i sell now before im in even deeper? I dont need the cash rite now for anything, although im sure i could be investing in other places. thanks so much
i thought for sure this stock would rise after the S1 unveiling
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quote:Originally posted by vwcruisn: hey guys.. looking for a little advice.. this is actually my first time getting into trading so i know very little. i am in with 18.5k shares averaging .32 How much lower can this thing go? should i sell now before im in even deeper? I dont need the cash rite now for anything, although im sure i could be investing in other places. thanks so much
i thought for sure this stock would rise after the S1 unveiling
That is a decision you have to make all on your own. You'll get "hold strong" and "sell now....buy back on dip". As to which answer is correct.....only those with crystal balls can say for sure. Bottom line is you have to do what YOU are comfortable with. Myself....I am holding...but then I also have a much lower entry point. But as I said...there are arguments for both positions...I for one do not think it will drop much more...1Q numbers are due soon...PR could appear at any moment...or not
Hope that clears things up
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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i thought for sure this stock would rise after the S1 unveiling
As did we all (most of us). Why we didn't sell above .30 after seeing the even is beyond me. Actually I did sell, but then I freaked, thought I'd made a mistake, and then bought again at .25.
I don't know what to tell you. I don't see any reason for it not to continue sliding down inch by inch though.
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posted
D6, I did the same thing. I had 38k blended value of about .28/share. By the time the rollout debacle happened, the stock had gapped down to .271 and I was able to bail out at .27. I bought back in 40k shares at .25. I did so because I considered the support level to be at .25 ... oh well ... I still believe GTEL will exceed its YTD high by mid summer. I will not sell my position unless it rolls up to my buy-in point and then the charts indicate a secondary retreat. I will, however, add to my position if it drops to .20 and hold for the long term. I'm confident we can see .50 before the end of the year.
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posted
I was holding 138k, I dumped them all when we started tanking so I could buy even more at the bottom. I'm looking to buy back when the price falls to the mid-teens.
If you're holding long(months, years), I am looking for price to be back up to .3+ by May/June.
quote:Originally posted by vwcruisn: hey guys.. looking for a little advice.. this is actually my first time getting into trading so i know very little. i am in with 18.5k shares averaging .32 How much lower can this thing go? should i sell now before im in even deeper? I dont need the cash rite now for anything, although im sure i could be investing in other places. thanks so much
i thought for sure this stock would rise after the S1 unveiling
Watching this stock almost 2 years. This delaying is very risky, this is what? third delay? Another delay is very possible, can GTEL finance this?, bankruptcy is possible too.
Supports are 0.20, 0.134-1.40, 0.085, sell if break support, and then buy at another support.
I’m in yesterday and will sell if price go under 0.20.
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posted
I cannot imagine why you bought at 32 other that you did not look at a chart. What you do from here on is entirely up to you and your financial position. This could drop into the teens, there are so many things that could happen to this stock that would not be good for it, I personally would cut and run in your position. This is only my opinion,you know your situation better than I do.
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posted
remember, the market is down as well. pennies tend to move with the market. i agree - 0.32 is high to be buying in at this point, but we could see .50 this summer. i thought 0.25 would be the support - it failed. it's hard to tell what the next support will be. it wouldn't surprise me if we see the teens. i will be buying then.
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posted
Glassman if you look under insider transactions everyone of them says planned sale. Now I know some people say this doesn't really mean they are selling. Keep in mind it does mean they are not buying. If these insiders really had confidence in the pps going through the roof they would be loading up right now but ther're not and no insiders have been buying for some time now. I think they knew this drop was coming and until I see them loading up I will be waiting and watching
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posted
jordanreed...That is a very interesting question..If someone could pull up all the previous MM'S bids asks and sales and then match that market makers list of clients, who knows...It's way outa my league..
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quote:Originally posted by Sgt. Steiner: Glassman if you look under insider transactions everyone of them says planned sale. Now I know some people say this doesn't really mean they are selling. Keep in mind it does mean they are not buying. If these insiders really had confidence in the pps going through the roof they would be loading up right now but ther're not and no insiders have been buying for some time now. I think they knew this drop was coming and until I see them loading up I will be waiting and watching
If you notice....there are no true "insiders" on this list for planned sales. Most are subcontractors, investments companies, and those who provided services to GTEL. I only see Vivian Manevich in 04 as the only GTEL executive on the planned sale list. Heres the link... http://moneycentral.msn.com/investor/invsub/insider/planned.asp?view=Planned&Symbol=GTEL
posted
I don't think jordanreed was talking about the standard way of insider transactions.... jordanreed would you like to clear this up for me....Thankyou
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posted
well last time the rsi was as low as it is now was back in november id say a couple days it will hit bottom and people will bounce nicely for a week or two
unless of course they put out some PR then people might over react to it again like they did the last one
but thats just my take
-------------------- "The Americans will always do the right thing... After they've exhausted all the alternatives." - Winston Churchill
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posted
I think that the RSI will drop below 30 for a week before it starts to move again, but that is just me thinking out loud. This will be a better play at the end of May I'm guessing.
Form 144 filings report the proposed sale of any restricted stock. While this includes company insiders, it also includes anyone who owns restricted stock, as defined above, regardless of how many shares.
It is important to note that many "insider" trading reporting agencies list filings of Form 144 by directors and officers, but do not include Form 144 filings by unaffiliated shareholders.
It is also important to note that the filing of a Form 144 does not obligate the filer to sell any or all of the shares listed. The filer has 90 days in which to make the transaction, or portion of it. If the 90 days passes without a transaction, a new Form 144 may be filed.
most of the 144 filings on this list have been renewed over and over again.
furthermore...
a form 4 MUST be filed immediatley after the transaction.......
Form 4 filings state the changes to an insider's holdings when they occur. The Form 4 includes purchases and sales as well as exercise of options, disposition by gift, or other transactions.
the most recent form 4 was filed on 1/27/05....
so no insiders have sold as of early last week, since Feb started..why would they? this stock will go up....
A LITTLE BIT OF KNOWLEDGE IS A DANGEROUS THING
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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posted
I'm still in. Delays will occur and that is okay. At leaste the stratelite wasn't the size of a football. I think we are upset that we didn't make good profits this time around. Buy on dips. GLTA hunt
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