quote:Originally posted by crusader30: OK glassman, here's a good question since I've never been involved in a double happening like this.
With GTEL doing the RS and going to AMEX at the same time what will the MM's do at the end of this week? Will they want to get rid of their holdings or hold through the AMEX transfer?
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....
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30263 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
b/a is .255/.258 with Schb at the top before the open. Should be an interesting day.
Posts: 176 | From: South Bay, California | Registered: Feb 2005
| IP: Logged |
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.
Posts: 230 | From: Virginia | Registered: Mar 2005
| IP: Logged |
posted
unfortunately, as long as people sell? there can't be a short squeeze....
volume is low tho....
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30263 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
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).
Posts: 208 | Registered: Sep 2004
| IP: Logged |
posted
volume is only 3.34 million so far today...
people are not selling....
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30263 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
I think most people are holding their breathe....waiting for a possible PR to hit before AMEX move...
-------------------- It is impossible to make anything foolproof because fools are so ingenious. Posts: 2473 | From: St. Louis | Registered: Feb 2005
| IP: Logged |
posted
So When exactly does the R/S and AMEX move Happen? I thought it was 5/16??
Posts: 52 | From: Beyond the Sun. | Registered: Apr 2005
| IP: Logged |
posted
Is this how it's going to be until Monday? I'll bet tomorrow is the same as today. Dead.
Posts: 208 | From: Chicago Area | Registered: Feb 2005
| IP: Logged |
Should be a very interesting day for GTEL. The best day in a while IMHO.
People are gonna buy in today, they will probably wait until the last few minutes and hope to get in for cheaper. Well, we've got news for them, it's not gonna get cheaper.
-------------------- Buy Low. Sell High. Posts: 9894 | From: The Land Of The Giants | Registered: Feb 2005
| IP: Logged |
posted
too bad we didn't get a short squeeze, too many people were afraid to hold thru the RS i guess... BUT, we are still looking good for the move...
-------------------- With lies, you may move ahead in the world, but you can never go back. Posts: 30263 | From: USA | Registered: Sep 2003
| IP: Logged |
posted
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.
Posts: 230 | From: Virginia | Registered: Mar 2005
| IP: Logged |
posted
at the current price of .2420 x 15 = $3.63 (Monday)
I would say GTE will see $5.00 by Mid June, that's only .33 under GTEL
Then Once the first stratellite goes up in August, this will see $10.00 under AMEX or .66 (GTEL)
Posts: 2362 | From: BEENEVERYWHERE | Registered: Mar 2005
| IP: Logged |
Topic Closed
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Confused]](confused.gif)
![[Eek!]](eek.gif)
![[Cool]](cool.gif)
