Author
Topic: GTEL to become GTE
glassman
Member
posted 05-16-2005 01:22 PM
quote: Originally posted by crusader30: OK glassman, here's a good question since I've never been involved in a double happening like this. every stock going to another exchange that i have seen has gone up as the MM's and whoever else is short has to cover.....i don't know what investment(?) decisions the MM's will make here....
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crusader30
Member
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posted 05-16-2005 01:42 PM
Fair Enough! Should be an interesting week to watch.
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George
Member
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posted 05-17-2005 09:24 AM
Looking to gap up at the open again....
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windjunkee
Member
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posted 05-17-2005 09:29 AM
b/a is .255/.258 with Schb at the top before the open. Should be an interesting day.
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Edster
Member
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posted 05-17-2005 09:49 AM
quote: Originally posted by windjunkee: b/a is .255/.258 with Schb at the top before the open. Should be an interesting day. If you mean by interesting that it'll be a down day - looks like you called it so far.
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glassman
Member
posted 05-17-2005 09:52 AM
unfortunately, as long as people sell?
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George
Member
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posted 05-17-2005 09:59 AM
quote: Originally posted by glassman: unfortunately, as long as people sell? Glass is right....do not give up your shares to the MMs to help them cover their NSS
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PENNY PIRATE
Member
Member Rated :
posted 05-17-2005 12:09 PM
GLASS- Anyone selling now has no faith in this company or has been around for awhile and has made a nice profit. When we make our move to the AMEX and the share price finds a trading range(which could take time with developements)then maybe it will be o.k. to trade. This company can really change the world of communications and sellers may have to chase the PPS the closer we get to a successful launch of the strat.IMHO $5.00-$10.00 early on the AMEX(new investors).
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glassman
Member
posted 05-17-2005 12:11 PM
volume is only 3.34 million so far today...
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George
Member
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posted 05-17-2005 01:55 PM
quote: Originally posted by glassman: volume is only 3.34 million so far today... I know I am one of them. They would have to pry them out of my dead hands.....
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George
Member
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posted 05-18-2005 10:23 AM
People are not letting go like most days. It is holding pretty good during the morning sell period.
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Pagan
Member
Member Rated :
posted 05-18-2005 10:34 AM
I think most people are holding their breathe....waiting for a possible PR to hit before AMEX move...
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Ziptar
Member
Member Rated :
posted 05-18-2005 01:01 PM
So When exactly does the R/S and AMEX move Happen? I thought it was 5/16??
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Edster
Member
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posted 05-18-2005 01:03 PM
quote: Originally posted by Ziptar: So When exactly does the R/S and AMEX move Happen? I thought it was 5/16?? I think the R/S happens on 20 May and the move to AMEX is effective on 23 May.
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stashu
Member
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posted 05-18-2005 08:25 PM
Is this how it's going to be until Monday?
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George
Member
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posted 05-19-2005 09:32 AM
They are moving up on the ask this morning.
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George
Member
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posted 05-19-2005 11:04 AM
I guess everyone has lost intrest and is just holding for the move to the Amex.
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crusader30
Member
Member Rated :
posted 05-19-2005 11:38 AM
I wouldn't say "Lost Interest" would be the term I'd use. "Sitting and Watching" would be more like it.
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stashu
Member
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posted 05-19-2005 10:54 PM
Did everyone here jump ship or what?
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T e x
Member
posted 05-19-2005 10:55 PM
done deal. relax...Nashoba Holba Chepulechi Adventures in microcapitalism...
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George
Member
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posted 05-20-2005 09:38 AM
Today is our day.... 15:1 R/S then the AMEX on Monday....
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Peaser
Member
posted 05-20-2005 09:53 AM
Back on board everyone. Getting ready for AMEX. Here we go!
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Peaser
Member
posted 05-20-2005 09:54 AM
I think we could see an EOD run to .27-.28
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T e x
Member
posted 05-20-2005 09:57 AM
it's all good...go GTELNashoba Holba Chepulechi Adventures in microcapitalism...
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Peaser
Member
posted 05-20-2005 09:59 AM
What another beautifully green day in the portfolio!
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glassman
Member
posted 05-20-2005 11:05 AM
too bad we didn't get a short squeeze, too many people were afraid to hold thru the RS i guess...
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Peaser
Member
posted 05-20-2005 11:07 AM
Sure are. We'll get more exposure moving to the AMEX. More people with believe that GTEL is a real company after the move.
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Peaser
Member
posted 05-20-2005 11:50 AM
One question. Has anyone looked into on how hard GTE will get shorted once on the AMEX? That could bring the share price down considerably.
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charger
Member
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posted 05-20-2005 12:07 PM
I expect this to go up after the R/S. Even HPON has gone up after the split with low volume. Im buying 15k more before it becomes GTE.
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ehya
Member
Member Rated :
posted 05-20-2005 12:41 PM
What is HPON?
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ehya
Member
Member Rated :
posted 05-20-2005 12:43 PM
ahh HPNN.pk sorry bout that
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Edster
Member
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posted 05-20-2005 12:47 PM
After the dust settles from the R/S and the move to AMEX I think we probably will see a pronounced move to the upside given that we are getting closer to some real flight test events.
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pensandoenti67
Member
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posted 05-20-2005 12:59 PM
at the current price of .2420 x 15 = $3.63 (Monday)
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Edster
Member
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posted 05-20-2005 01:48 PM
Dow Jones newswire just announced the move to AMEX effective Monday 23 May..
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