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Geez Justfranks, I even saved posts from you in response to my next buyin at $2.50, and you claiming/suggesting that if the pps falls that low its broken the trendline and I should perhaps wait. How does that correlate with supporting your rtb buddy? Now, $1.70 range is w/i trendline. Go figure dude! Your credibility is history! Want to see your posts?
To set a trendline based on rtb's posts which covers 6 years is ludicrous. That was pre GTE and pre most everyhting relative to what this company represents now. On the 6 month chart, we're way below the trendline. I most assuredly challenge you, Justfrank, and rtb, to substantiate your historic references, to NOW! You both have lost it bigtime. GTE is born again, and to bring up old history into new history is ludicrous, and unprofessional. That sets me to ponder your intentions.
Then explain why your pumping/posting/supporting trendlines pre-gte. Thats nonsensical/ irrational. Other posts by you based on other trendlines suggested not to buy at $2.50 because it was breaking the trendline. Now you buddyup with rtb claiming everything so far has been in the trendline. Makes no sense at all. I can repost them if I have to. I ended up buying more shares at $2.52 based on giving in to Low's position that it was accumulation; I knew better. It was just another cliffhanger set up by MMs. You challenged me; you get challenge back. BTW, rtb's post was still stupid!
Got a reference to substantiate that #? Need the support/TA.
Throwing out #s w/o supporting documentation should be deleted by Matt's law.
Well duh! Welcome to naked shorting. Study it! You'll eventually find that the sec, dtc, mms are all one big fat happy family. Deal with it. March options were STUPID, aye? Told ya!
A 6 year chart is posted with a reference to the last month April 06, and that chart covers long before GTE was GTE, and thats gonna validate it. LOL! You two missed the point; whatever! Nothing I'd use to trade on!
Do a weekly and get back to me! That monthly chart shows nothing for April 06. Those indicators stop at March 06. That chart goes from 00 to 06. Its not going to show any monthly detail.
Ah, I don't think so RTB! You do realize we closed at $1.70, right? That is even outside the trendlines. I know you better than that; please explain! Besides, that chart doesn't even include April. Hell, heres a yearly historic. Have at it!
http://www.ddmachine.com/default.asp?s=gte
Be careful nowisthetime! The bottom trendline has been broken, so any "support" is nebulous after that. MMs create the cliffhangers & bottoms. $1.50s is reasonable but $1.14 range w/i possibilities. All depends on the force of the short attack; volume and persistance of shorts. Ex: Last time in the $2.50 range, that was a cliffhanger; false support level generated by shorts to create false security. Well, you see where we're at now. You deal in a few thousand; hedge funds deal with millions; they rule. Thats where the SEBASS's are connected, along with the fool and gang. Plus, we have a CEO that has no idea how to handle this. Yes, there are ways, but expensive and involves lawyers to the ying yang. Theres a more passive way; takes longer but is just as effective. Huff needs to update shareholders at least bimonthly on progress of company, regardless. Shareholder friendly so to speak. Just an update; no frills, no whistles, just an ongoing update. For whatever psych reasons, he hasn't, and perhaps not w/i his personality structure to do so. Too egoic against his own supporters, because we're individuals, not a collective front. Thats why I was earlier suggesting a coalition; united shareholder force. Huff was wrong in his PR stating that he'd be the first to recognize his time to step down. He's lost his momentum/force. He's pretty much done. My opinion anyway. Dumas is alot more suited to carry this ball. Huff never left engineer status with a wet dream. He'll make plenty of money either way which is too bad. Wish my job allowed me to fail from spoken promises and still get paid.
Same ole, same ole, Doc. Till volume comes in, ZZZZZZZZZZZZZZ!
Okay! Thanks Kevinaok! I had thought a bit sooner, but whenever; I'm not going anywhere.
Justfranks!
Is there anyway you can post one of your infamous trendcharts up in our header that updates like Techbears' chart? I feel bad asking you all the time and would suspect you get tired of me asking! LOL! Also, maybe for those not familiar with how you do it, a notation that explains how you use the bar charts first, then (transpose?) it to candles. Anyway, if you can I certainly would appreciate it, among others I'm sure. TIA!!! Wolfie
Time & Sales today if anyone is interested. Remember though trades are grouped in 90sec intervals.
http://www.ddmachine.com/default.asp?s=gte
Hopefully a turning point today. Short interest #s should be out anytime now; mid month.
Well said, DocS. That pretty much sums it up! Till whenever!
This is getting old; hell, its been old for some time now. I see your indicators turning on the daily, as you mentioned. Hopefully soon we'll see them on the weekly. One step at a time.
Actually I've seen that done before. Biggest problem is those margin accounts. When they're used, somehow that allows/warrants loaning your shares out by your brokerage firm. I have a margin account but never use the margin $s, just my own cash.
Thanks again Pit. Good indicator we hit bottom if your right. Truly hope so.
When theres no more shares to short legally, where do the shares come from? Answer = DTC. They generate "electronic shares "fictitious, not real" shares. Therefore, theres never a need to cover because they don't really exist, yet they still dilute the o/s. Some companies call for shareholders to get their certificates to offer proof of naked short activity.
Let me pass your question to Pitbull. He can give you a more accurate list of possibilities than I could. He works in this field. But yes, thats one possibility.
Got it. Just don't know how to second guess the naked short factor in the equation; unknowned #. Anyway, for now we're green.
Okay! Thanks for checking! "Phantom", perfect description.LOL!
Pit, anymore info on that ah trade thursday?
Pit, if you can shut the market down now, we'll end "GREEN". Got my vote.
It always matters Low! That mysterious ah trade could have serious ramifications one way or the other. Whose to know the truth/legitimacy of it till maybe monday. Nonetheless, it carrys with its volume alot of weight, indicator wize. Thats no small potatoes. Whoever has $1.71 X 696K = over a million $$$. Don't recall the actual trade volume right now. Either way, with that quanity of $s, they've done their research.
So, yes, it does in fact matter to all investors.
If I remember correctly. I think DOC80ca as powerful links to the essences of Naked shorting and associative ramifications.
I would personally mark Squ1's words. Till Huff produces reality, gte remaims in a void. I'll also add, till Huff matures into a CEO; for now he's still an engineer and wannabe ceo. He's working towards that, but has a way to go still. Till then, shorts will rule which is what Squ1 alluded to; volatility!
Thanks Glow! And the same to Lady. Regarding the naked short issue, what noone wants to research and acknowledge, is the fact, THE ABSOLUTE FACT, that naked short shares are ONLY electronically devised, not actual shares. While they further dilute the O/S, they don't materially exist; invisible, yet their effects material. Short interest feeds off of them like any parasites. They are them. Naked shorting starts when theres no more shares to short and then the short interest groups make certain brokerage contacts that set them up on shares that don't exist ultimately generated by the DTC. Now, the DTC is ofcourse tied into everything, up to and including Cheney, the President of the U.S, and Bush, his "I kiss your ass because I'm basically uneducated though my father bought my education diplomas" puppet. Why is it congress can't stop all this? Because they're all tied in to payoffs, one way or another. Eventually the citizens will wake up, till then, they rule. Personally, I'm not involved, but only you with your background would understand. "Dukkha"!
Don't know about American, but buyins is useless info. I use to use them but found their info bogus too many times.
So much for the naked short covering theory.
Yep, thought of it and dumped it. Naked shorts don't ever settle. NEVER!!!
If your theory holds true, Pit, then a big "YEP"; this would be a very strong indicator of the bottom. Lets hope like heck it is. This is truly ridiculous.
Thats an unsubstantiated theory for now. Possible, but no way to prove it.
Sorry Pit, should of read ALL the post first. Following your link, all I got was 1.5K traded ahs.
http://quotes.nasdaq.com/aspxcontent/ExtendedTradingTrades.aspx?mode=&page=afterhours&symbol....
Ah, Pit, how about that someone be you. You know this biz better than the rest of us! TIA if you can swing it (pun intended).
I saw what you saw; can't explain it though. I think Pit is a bit perplexed also. Geez, so many dogs around. We need a dog park!
Justfrank, click on that link then click on "depth/L2" tab.
Hmmmmmmmmmm, not buying it at this time. Interesting though.
Tough call not having #s from naked short position, but Somewhere between $1.50 - $1.75 should be a "cliff" bottom. "cliff" means a temporary short lived resting place, like a wolf's lair. W/o substantial news, $1 is quite possible. If Huff only knew how to keep his mouth shut, we wouldn't be in this predicament; or at least met some announced schedule of events. The man is going to get eaten alive at the shareholders meeting. I look for his resignation soon after. My opinion anyway. remember "days, not weeks" on the Russian deal? He can't even update shareholders on that.
Time for Huff to go; w/o pay. He failed in his wet dream!
Ole wize one! DUH! Its all a crooked short scam; MF, sebass showing up, etc...
But on the lighter side, its good to here from you again.
My best to you and Lady! Stay calm within the storm Bro. All storms psss. Wolfie
On the top edge of support right now. Won't hold anymore than $2 did; about a day. If MMs want it lower, so be it. Amex is as lawless as otc, make no mistake about it. This is one major facet Huff has absolutely no idea about. Still think the specialist should be investigated due to conflicting interest issues.
Thanks Justfrank. Yeah, that was certainly a fast drop today. Guess hedge fund boyz have to pay taxes too. Just got my call from my accountant; YUK! LOL!
Thanks for sharing your insight db. I read Mide's posts regarding that and agree also its a huge possibility. Great to have you onboard.