posted
I picked up some for a swing today. Hopefully the timing is right
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
ehya, I got in again at $1.52. I've never lost any money on GTE or GTEL. They have been good to me.
Like Pagan I hope this is the entry point. Anyway this is a swing stock right now. Long term it's a major winner. But I've tripled my core investment after the split.
posted
well,im back in mid 1.55 and will buy more if we keep going down, if, i say its time to buy,and yes i will swing it if its needed but im looking for 2.20-30 as my exit. good luck all. o look at BUGS man great daytrade to day.
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imakmony2005, your entry into GTE is OK, but beware of BUGS. I was in BUGS when the CEO was the Republican Man of the Year. I made money. But it's really a risky move. BEWARE.
posted
Added a bit more to my swing position. I'm looking for $2 as an exit...but may hold past $2 with an exit at $2.25 if there is a signifigant PR/volume spike.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Whats the deal with this stock....$1.43 now. I don't see any news that should make this drop like this. Any thoughts?? I keep buying more and more.....almost 70% invested in this one now. But again, why the drop???
Posts: 2367 | From: Detroit | Registered: Mar 2005
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imakmony2005
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posted
Thanks Crusader, it was just a one day deal that went right, i was in and out that day. Now whats up with GTE man got stoped out fast still like the company, no news? may play it in the morning again.
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A number of us have been playing GTE for the swings. Before and after the stock split. It's dropped .09 since my last in. But it'll still swing. The trick is to be in when the strat flies.
posted
Huge drop yesterday on very large volume (1.3 million shares). Did not hear of any negative news. Something must be in the works somewhere to cause this large a drop. There are no support levels below the 1.43 level so further drop is highly likely.
Posts: 230 | From: Virginia | Registered: Mar 2005
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good lord- this is painful. we need that strat to fly.
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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<jps>
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This thing is being played hard! I'm still holding my core (bought in around $3.90!!) and plan to make money off of it still. But watching it drop this far is pretty painful for the bank account!
But I still believe this company will make the strat fly and we will receive our reward.
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I actually added some to my long position today. Right now the SP is at 30% of the 52 week high. And the S2, from all indications, is still on schedule for flight before end of year. And I'd look for some substantial PR's in the near future. Substantial PR's in the offing were alluded to at the SHM. JMHO
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
I dont understand why on their site they still have that ridiculous rendering of a stratellite on their home page. At the very least they could replace it with a picture of the Sanswire one. I dont think anybody could take that rendering seriously.
-------------------- w i k i s t o c k . c o m Posts: 234 | From: Gainesville, FL | Registered: Feb 2005
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Looks like another DOWN day here on large volume. Looks like a 1.30 EOD is within possibility. Hope to get some price support here soon but at these recent volume levels we may not see a bottom anytime soon.
Posts: 230 | From: Virginia | Registered: Mar 2005
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(BSNS WIRE) GobeTel Announces Letter of Intent with Kashiwabara Token Corporation of Japan; Joint Venture Calls for Establishment of Broadband Wireless Network in Japan
Business Editors / Technology Editors
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Sept. 8, 2005-- GlobeTel Communications Corp. (Amex: GTE) today announced that its subsidiary, Sanswire Networks LLC, has signed a Letter of Intent (LOI) with Kashiwabara Token Corporation of Iwakuni City, Japan, to enter a joint venture in the establishment of a terrestrial ground-based wireless broadband and communications system, a prelude to the deployment of the Sanswire Stratellite Airship broadband network in Japan. Kashiwabara Token Corporation holds a controlling interest of a major cell phone system in the Hiroshima and Yamaguchi prefectures as well as the ICAN Cable television system in Japan. The Corporation has more than 2,000 employees at 50 locations throughout Japan. Bob Jones, President of Sanswire LLC, said, "The key to this relationship is that Kashiwabara Token Corporation already has the cellular and cable infrastructure that enables us immediately to deploy our ground-based broadband wireless system that is designed to seamlessly integrate with the Stratellite. The location of Iwakuni City is a perfect starting point for Japan with U.S. Marines stationed at Iwakuni Marine Corp Air Station, who also will benefit from our wireless broadband system." "I am very excited about the advanced wireless technology that Mr. Bob Jones, President of Sanswire, has brought to our company. GlobeTel Communication Corporation's advanced wireless technology and Stratellite airship will enable us to connect the whole of Japan in the near future. My vision is to connect all of Japan wirelessly and work together as a partner with GlobeTel to connect with the rest of the world," stated Mr. Shinji Kashiwabara, President of Kashiwabara Token Corporation and its subsidiary. Mr. Uli Altvater, President of GlobeTel Wireless, a subsidiary of GlobeTel Communications Corporation, stated, "I am excited to be able to roll out our new combined WLAN, PHS/DECT infrastructure in Japan. This is the most advanced integrated wireless voice and data solution, and Iwakuni City will be the first city in Japan to benefit from this advanced technology." Timothy Huff, Chief Executive Officer of GlobeTel, commented that GlobeTel's innovative approach in bringing the right company to the table provides GlobeTel with "a competitive edge" over other companies. "I am very pleased to work with such a well respected company as Kashiwabara Token Corporation of Japan given the financial backing and infrastructure already in place to deploy our broadband wireless system in the very near future and look forward to a long business relationship," he added. Mr. Bob Jones and Mr. Uli Altvater will work closely with Mr. Kashiwabara of Kashiwabara Token Corporation to deploy GlobeTel Wireless to Japan. A Stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of 10 to 13 miles above the Earth, each Stratellite will have clear line-of-sight communications capability to an entire major metropolitan area as well as being able to provide coverage across major rural areas. Several Stratellites linked together could cover many hundreds of thousands of square miles. The Stratellite will allow subscribers to easily communicate in "both directions" using readily available wireless devices. In addition to voice and data, proposed telecommunications uses include cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony, HDTV, real-time surveillance and others.
About GlobeTel Communications Corp.
GlobeTel Communications Corp. is a diversified Telecommunications and Financial Services company. GlobeTel operates business units in Stored Value debit cards, as a certified MasterCard processor; the sale of carrier-grade VOIP of long distance to major long-distance re-sellers, VOIP technology, wireless radio technology and development, and high-altitude airship research and development. These self-contained business units were developed to operate independently of each other. The symbiotic relationship, however, provides value to each of the other business units. This strategy offers GlobeTel financial diversity and risk mitigation while striving toward its operating objectives. Operating on a global basis, GlobeTel has historically focused its business development on markets outside of the United States. Current operations and business relationships exist in Asia, Europe, South America, Mexico and the Caribbean. For more information, please go to http://www.sanswire.com or http://www.globetel.net. 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 Securities Litigation Reform Act. 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. The above are more fully discussed in the Company's SEC filings. GlobeTel and its strategy for launching the Stratellite may vary as conditions and technology changes. There is the possibility that parts of the process may change or be delayed. While GlobeTel plans for the success of the airship, there is no guarantee that it will achieve any or all of its objectives. Any reference within this release that refers or implies a forward-looking statement, is herewith incorporated into this Safe Harbor language.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
That's really some of the best news I've heard from them in a long time. Could be huge revnues. Don't know why it's not moving up. I guess it's not going to jump again until that strat flys.
Posts: 421 | From: Florida | Registered: Mar 2005
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imakmony2005
unregistered
posted
Wow back in and want to swing.
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Pre-market down to $1.30...is it going any lower...it is worth buying in again, and averaging down my original insvestment?
Shark
-------------------- No matter how thin you slice it it's still baloney... Posts: 402 | From: Miami, Florida | Registered: Jan 2005
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posted
I'm still holding my core, and will buy in again once it starts heading up. It will start heading up again, don't worry! We just have to be patient.
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if you look at a month chart, you will see that it is heading back to where it was last oct. -- around 1.00. once the strat flies then this will go crazy. until then we will continue on this downward trend. just my take on it--of course with the usual ups and downs along the way
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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imakmony2005
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posted
sure you can short it, play both ways buy it and sell it keep the winner, and take your loses,and your profits
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GlobeTel Communications Appoints Sir Christopher Meyer, KCMG, As Chairman of the Board; Former U.K. Ambassador to U.S. Strengthens Global Partnership Opportunities via COMTEX
September 16, 2005
FORT LAUDERDALE, Fla., Sep 16, 2005 (BUSINESS WIRE) --
GlobeTel Communications Corp. (AMEX: GTE) today announced it has named Sir Christopher Meyer, KCMG, as Chairman of its Board of Directors. The appointment of Sir Christopher, 61, increases the number of independent Directors to three among a total of seven Board members.
Until recently the UK ambassador to the United States, Sir Christopher has joined the private sector after a lifetime of highly distinguished service in the U.K. Diplomatic Corps and U.K. Government Service. He served as U.K. Ambassador to the U.S. for approximately seven years until his retirement in 2003. In 1988, he was made Knight Commander, Order of St. Michael and St. George (KCMG).
"We are honored and excited that Sir Christopher, after a period of detailed due diligence, has agreed to serve as our Chairman, and invest his decades of exceptional geo-political and trade-related experience as we advance our global development," said Timothy Huff, GlobeTel's Chief Executive Officer. "We believe that Sir Christopher's exceptional reputation for intelligence, integrity and long-term relationships around the world will attract an array of strong strategic partnerships enabling GlobeTel to optimize the potential of its revolutionary communications technology."
Upon graduating from Cambridge University in the U.K. in 1966 and, subsequently, from the Paul Nitze School of Advanced International Studies in Bologna, Italy, Sir Christopher joined the British Diplomatic Service where he quickly rose through the ranks through a succession of increasingly responsible positions in key countries around the world, starting in Moscow, and then Madrid and later, in London, where he served as Head of the Soviet Section of the Foreign Office. He then became Chief Speech Writer to the Foreign Secretary, working for three Foreign Secretaries: Lord James Callaghan (later Prime Minister); Anthony Crosland; and Lord David Owen.
From there, Sir Christopher was posted to Brussels where he was active in the UK's representation to the European Union (EU) specializing in trade policy and later returned to Moscow in 1982 as Political Counselor. Upon returning to London, he was appointed to the position of Foreign Office Spokesman and Press Secretary to the Foreign Secretary (similar to the U.S. Secretary of State), later Lord Geoffrey Howe of Aberavon.
From 1988-1989, Sir Christopher was a Visiting Fellow at Harvard University's Centre for International Affairs and, upon completion, was named Minister for Trade Policy in Washington D.C. Shortly thereafter, he was appointed Deputy Head of Mission at the Embassy in Washington.
Upon returning to London, he served two years as Government Spokesman and Press Secretary to then-Prime Minister, John Major, prior to his appointment as U.K. Ambassador to the Federal Republic of Germany in Bonn. In 1997, Sir Christopher was appointed Ambassador to the U.S., the most senior position in the U.K. Diplomatic Service, where he served until 2003, the longest single tenure since World War II.
Since his retirement from diplomatic service in 2003, Sir Christopher has served as Chairman of the U.K. Press Complaints Commission (PCC) and has joined the Boards of several U.K.-based companies. In his role as Chairman of the PCC, he has had the opportunity to interface with many of the global leaders of the media and communications industry and has developed a keen sense of the rapidly changing nature of the world of communications.
Sir Christopher commented, "I am delighted to be coming aboard GlobeTel. It is one of the most exciting companies that I have encountered in the last few years. GlobeTel is at the cutting edge of some of the most exciting technologies of our times in advanced wireless communications, financial services and aerospace. The company's particular strength is that these technologies are both converging and mutually reinforcing. It is extraordinarily well positioned to take commercial advantage on a global basis of its technological excellence. There is not a country in the world which will not benefit from the application of GlobeTel's technology and products. My role, with a new Board of directors, will be above all to help GlobeTel realize to the full its vast and exciting potential."
About GlobeTel Communications Corp:
GlobeTel is a diversified, global Telecommunications and Financial Services Company. GlobeTel operates business units in (i) Stored Value & Remittance Cards as a MasterCard certified processor (ii) VoIP Carrier Grade Long Distance Services to major long-distance companies (iii) VoIP development, technology and equipment manufacturing (iv) advanced WiMax services utilizing GlobeTel's proprietary "Hotzone" technology and (v) the development, manufacturing, marketing and provision of near-space platforms known as Stratellites which will soon seamlessly integrate all of GlobeTel's communications and financial services technologies around the world. For more information, please go to http://www.GlobeTel.net.
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 Securities Litigation Reform Act. 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. The above are more fully discussed in the Company's SEC filings. GlobeTel and its strategy for launching the Stratellite may vary as conditions and technology changes. There is the possibility that parts of the process may change or be delayed. While GlobeTel plans for the success of the airship, there is no guarantee that it will achieve any or all of its objectives. Any reference within this release that refers or implies a forward-looking statement, is herewith incorporated into this Safe Harbor language.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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posted
Interesting trades this AM. Be on the lookout for further substantial PR's soon. Somebody paid a $.25 premium above yesterday's close to pick up 300,000 shares this morning.
9:30:06 AM Trade 1.63 213500 Buy
9:30:12 AM Trade 1.63 87200 Buy
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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