posted
Would be nice if we can break through the $2.82 resistance today on a shortened day. Would bode well for next week. Currently trading at 2.79
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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quote:Originally posted by Pagan: Would be nice if we can break through the $2.82 resistance today on a shortened day. Would bode well for next week. Currently trading at 2.79
There you go, 2.83... lets see if we can go higher =)
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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posted
Looks like we're getting ready to test $3.00
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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<jps>
unregistered
posted
It just doesn't want to stop!
Is anyone swinging, or just holding? I thought of swinging, but something is up. I might hold...
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posted
To all of us who had faith in our GTE, congrats! 8,500 shares and holding strong ! ! !
Posts: 176 | From: South Bay, California | Registered: Feb 2005
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posted
+ 0.41 (15.83%) and 3Mil in volume on a short day. I can't wait for Monday.
-------------------- One is never completely useless. One can always serve as a bad example. Posts: 2430 | From: CA | Registered: Jun 2005
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posted
Damn.....I really want to sell it and hope for a huge dip but damn.......it keeps moving up. What are your thoughts. I'm up 89%.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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imakmony2005
unregistered
posted
R1MAN, If your getting antsie sell half hold the rest.BUT I THINK WERE IN AN UP TREND NOW.
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posted
Thanks for the advice. It closed at $3.01. I think I'm gonna sit back and watch next week and see what happens. Its just so hard to believe that it has continued to move up trend for so long without a down day. Posts: 2367 | From: Detroit | Registered: Mar 2005
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posted
My son is thinking of investing in this stock. He has $5000 - no more. He is not married and has no debt. If you were in his shoes, how much of that money would you invest in GTE? And at what point? I am asking for pure opinion here, I understand there's no guarantee on anything in this crazy world. I'd appreciate anyone's 2 cents. Dust? Peaser? Pagan? Thanks.
Posts: 120 | From: New York | Registered: Feb 2005
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posted
ladybird... Tough question. This much of a move was a bit unexpected on the shortened week with no news out. I have sold all of my swing positions and only have my core GTE position at the moment. So I'll be looking for, but not counting on, a retrace from these highs to initiate new swing positions. There is no guarantee of a retrace, especially with the strength of this weeks rally. And there is much news that may be released at any moment, but definitely before years end, concerning the Sanswire 2 test flight, military contracts, parnterships(they hinted at partnership announcement before end of year at last SH meeting). My best advice would be to watch it carefully this week to determine strength of this rally. If there is any sort of retrace, it will be shortlived and there will be a need to act quickly to catch it IMO. GTE has solid SP support in the $2.50 to $2.75 range. I would not expect a retrace(if there is one) to drop below that range. Current resistance is at $3.10, with next main resistance at about $3.40. If we manage to gap up Monday and break $3.10 resistance early, and start testing $3.40 resistance fairly early in the day, SP support level will have to be readjusted to reflect the uptrend which would put SP support in the $3.00 neighborhood. Sorry I could not give you a more definitive answer. GLTY!!
-------------------- 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
thats about as good an analysis as anyone could give. as for how much to invest? Purely personal. As for risk factor-go to....< http://www.nasdaq.com/services/riskMetrics.stm >. good luck
-------------------- jordan Posts: 5812 | From: st paul,mn | Registered: Feb 2004
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quote:Originally posted by Pagan: ladybird... Tough question. This much of a move was a bit unexpected on the shortened week with no news out. I have sold all of my swing positions and only have my core GTE position at the moment. So I'll be looking for, but not counting on, a retrace from these highs to initiate new swing positions. There is no guarantee of a retrace, especially with the strength of this weeks rally. And there is much news that may be released at any moment, but definitely before years end, concerning the Sanswire 2 test flight, military contracts, parnterships(they hinted at partnership announcement before end of year at last SH meeting). My best advice would be to watch it carefully this week to determine strength of this rally. If there is any sort of retrace, it will be shortlived and there will be a need to act quickly to catch it IMO. GTE has solid SP support in the $2.50 to $2.75 range. I would not expect a retrace(if there is one) to drop below that range. Current resistance is at $3.10, with next main resistance at about $3.40. If we manage to gap up Monday and break $3.10 resistance early, and start testing $3.40 resistance fairly early in the day, SP support level will have to be readjusted to reflect the uptrend which would put SP support in the $3.00 neighborhood. Sorry I could not give you a more definitive answer. GLTY!!
You answered that question right. If I was looking for a short position, I wouldn't own any right now....would of sold...but long term...Its going to be a great ride.
As for the contract.....I don't see one as of yet....even though they did the test flight....and worked perfectly....the news never said if they tested the software (signals, data transfer, etc). If infact they did, I could see some contracts coming in the near future, but if they didn't, I would expect another test flight with testing these perameters.
I feel this will be a $5-7 stock within 2-3 years.....for the low balling guess. High balling guess would be $22 in 3 years.
Posts: 2367 | From: Detroit | Registered: Mar 2005
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quote:Originally posted by ladybird: My son is thinking of investing in this stock. He has $5000 - no more. He is not married and has no debt. If you were in his shoes, how much of that money would you invest in GTE? And at what point? I am asking for pure opinion here, I understand there's no guarantee on anything in this crazy world. I'd appreciate anyone's 2 cents. Dust? Peaser? Pagan? Thanks.
Well, I'm confident enough to have this sitting in my 401K. A wee bit more that 5k invested here long. I once owned 130k shares pre-split.
I think we may have one more up day before a minor retrace.
-------------------- Buy Low. Sell High. Posts: 10750 | From: The Land Of The Giants | Registered: Feb 2005
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posted
Thanks, guys. I'll wait, watch, and hopefully move quick enough if I get the chance.
Posts: 120 | From: New York | Registered: Feb 2005
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posted
Looks like we keep testing and pulling back from the $3.40 resistance. Hopefully we can break the resistance at some point today.
-------------------- 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
Over 2MM volume in first hour. Average daily volume is 1MM.
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 3311 | From: St. Louis | Registered: Feb 2005
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<jps>
unregistered
posted
Looks like we will have a good steady uptrend this week. Hold on to your office chairs...
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