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lowtrade
I'm not understanding your post clearly regarding GTE.
short cover trigger hit, but short continuing and financials don't look bad enough to warrant move
Short cover trigger hit you say based on what and to warrant the move up or down you mean ?
Seeing as this stock is covered on TV, I think I'll start paying attention and see if any of the TV faces talk about a take over play or attack on the company.
When was this stock on TV ? and where did you come with take over play ?
ooo yes i see that. I guess that squeeztrigers from buyin.net is not working so well. Short squeeze suppose to occur after $29 price is passed which should have forced shorts to start covering therefore huge run up and opposite happened.
http://www.buyins.net/squeezetrigger.pdf
Lowtrade thanks anyway. Cramer on CNBC's show Mad Money had a segment on MSO and he was hitting himself on the head wondering why short position is so large with her out of jail and very good current CEO. I think figure is correct since even Cramer mentioned it but it just doesn't make sense why it stays so high and why would shorts not go after that company instead of GTE. It's just something to think about because if we can figure that out then we would know a lot of answers to the market riddles.
Wolfrun and Lowtrade.
This is somewhat relavant to GTE shorting positions. Can you give me your opinion on why MSO is staying so high up at $25 while short position on stock right now is
Short % of Float 64.49 %
Short % Increase/Decrease 14.05 %
Squeeze Ranking™ 226
http://www.shortsqueeze.com/index.php?symbol=mso
Last month it was 52%. That stock should be dropping like a rock. What's gives ? I'm asking cause MSO is behaving completly differantly then GTE while their trading patterns should be reversed. What gives ?
You mean what lowtrade has posted ?
DISRGARD THIS POST.EOM
Frank you see this going to 5 cents post split ? That would be crazy. I would think $1.00 but not that low.
lowtrade I bow to you. Makes a lot of sense to me and if i may point out delicately that it sound like you have more knowledge then above average investor would have about this type of subject.
pitbull74 Justfrank just wrote in previous post what i have mentioned before. Unfortunately because of the R/S PPS is suffering due to shorts and when people like you asked why then it's impossible to answer on either board because PPS fall is connected with management failure of executing the business plan and them doing R/S and therefore fall of PPS. If i go to info board and post about management failure and therefore suffering PPS people say it’s irrelevant. When i go here and post about PPS and management failure. It’s irrelevant again. Those two are inseparable if you will ask for explanation of why !
My opinion on current PPS.
Price per share has fallen like a rock and will continue to do so because management implementing R/S and their failure in executing business plan like meeting stratellite deadlines, not achieving profitability by deadlines, failures of business models like VoIP telephony and for right now magic cards as well. Shorts seeing R/S started to short and there you have it. The CAUSE of the fallen PPS is R/S with management failures to execute business plan by announced dead lines and shorts taking advantage of this situation and shorting it.
pitbull i try to be respectful and ignore people that attack me. Someone doesn’t agree with my post then we can exchange ideas or he can just simply ignore it. I won't engage in stupid exchange of insults. Also it would not be smart for people to ignore any posts since when push come to shove meaning when sh1t hits the fan all post might have some relevance to the subject. Someone might not agree but there still might be some relevance to the post. Hate to tell people later i told you so.
Pitbull74 IMO and lowtrade has a lot more experience in TA then i do but like i said before shorts go by the DATA and yes they look at fundamentals too but right now nothing has materialized. Strat 2 delays, magic money no revs, VoIP telephone measly 23K. All GTE is going on by is carrier traffic and just relaying with measly 2-4% margins. How in hell do you expect them to become profitable on those margins.
so in all honesty do you consider the 100K sitting at 1.41 and the other 100K sitting at 1.40 to be from smart money or fools money looking to buy?
100K sitting at 1.41 might have been fake MM move to fake and get people to buy. There is no covering as shortsqueez data showed you 17% increase in shorting for September. There also isn't any institutional avr.down per Thompson’s data.
what is a short's logic / mindset to be short right now as opposed to let's say 1 month ago?
Shorts logic has been the same since $4.00. I blame management for current PPS due to R/S. After R/S shorts are shorting this to the ground and based on Bearish triple bottom breakdown cover price objective is $1.00 or $1.02.
do these guys have absolutely no clue as to what they are shorting right now?
What shorts know is that nothing has materialized yet from business plan and they love R/S and short any co. after R/S Until profitability happens and most importantly Strat flies then they won't be scared and will continue to short IMO.
And no you are not retarded..LOL. Like i said I blame management for stating R/S would be beneficial to shareholders. You be the judge of that statement. Thats why GTE is sinking and reason wfor low PPS right now. IMO
17% increase of short position for September.
http://www.shortsqueeze.com/index.php?symbol=GTE&submit=Enter
It looks like what wolfrun has said might be true. That today gap up is a fake and i would add today's candle stick will be red not white which would mean fake run up.
Bearish price target cover/reversal to bullish $1.00
Bullish price target confimation at $2.17. Unless this pattern reverses then continuation lower will continue.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBR[PA][D][F1!3!!!2!20]&pref=G
NO support to $1.02 and resistance at $1.56
http://www.stockta.com/cgi-bin/analysis.pl?symb=GTE&num1=2&cobrand=&mode=stock
Confirmed sell.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S
MSN GTE rating worst on the scale which is 1
http://moneycentral.msn.com/investor/srs/srsmain.asp?Symbol=gte
None institutional activity. No avr.down by institutions. http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=GTE&range=0&mgp=0&hdat...
Wolfrun you are brilliant. You just forcasted yeastrday what is going to happen this morning. Whowwwwwwwww. How did you do that ? Also as far as the other post I think you, I and lowtrade as far as I notice are few people that see things clearly. I just wish I would have woken up earlier.
And to ALL that attack me because i'm posting data and facts show me what data as far as TA and any business plan that has materialized so far cause i can show you all that has not materialized yet..AND THAT'S A FACT NOT A OPINION.
Testsite1 now you are hitting below the belt. Why don't you check last 2 months of EYET, OSIP, CHK and TERN. I got in lows. So you tell me how i did ?
We don't have to go there bro. It's immature.
Testsite1. Posted data from 2 sites.
I'm only posting data that is relevant. How you perceive it is your business. If stock drops to 50 cent are you going to say that I was a bad guy when you jumped out at 1.36 or will you say that I saved you a lot of money ? You interpret the data the way you want. Sometimes that is called illusion or dreaming. I post data, my observations and opinion. In this case I posted data not only from stockcharts but american bull as well. Lowtrade pointed this out very well in his post. He trades on data. If anyone chooses to ignore it then so be it.
Some of you should realize that company might be great but that does not mean stock is. Stock is a horror story. You are not married to the co. but to the stock. We are being shorted or/and naked shorted to the ground. I'm not sure why but we are. Maybe Huff ticked some big time billionaires (ex.Murdack from satellite TV) and they are paying MMs to short this to scare investors.
Like I said I see you folks at the $1.00.
AB posted Confirmed SELL.
It's been acurate for me whenever i followed it. You be the judge.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S
serious1. Thank you and I hope you are wright.
I'll see at the dollar soon.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G
no support till $1.12 anyway
http://www.stockta.com/cgi-bin/analysis.pl?symb=GTE&num1=2&cobrand=&mode=stock
...and the only thing that is going to shoot this to the sky is Stratellite testing in statrosphere. Last 2 Q's did nothing.
gary do you even read my posts. If you going to comment then read it cause you obviously would have noticed what i was talking about.
What did you expect when you made this investment? That you were "GUARANTEED" a profit? That you were guaranteed to make 400% on your investment? That you were guaranteed to make a profit in a set period of time? That GTE was guaranteed contracts, profitability, growth and the stratellite would fly as promised? That the news you heard was guaranteed to be true? (as if every company out there speaks the truth)
I EXPECTED MANAGEMENT TO NOT LIE TO SHAREHOLDERS AND EXECUTE PUBLICLY ANNOUNCED DEADLINES. NEITHER WAS DONE. HOW IS MOVE TO AMEX BENEFICIAL TO SHAREHOLDERS NOW ? YOU TELL ME !!!
"Mr. Huff stated: "We are a vibrant and growing company and believe that our
business initiatives are growing at our desired rate and we are pleased with the
success and confidence that our shareholders have placed in us. Our significant
success with our Stratellite release today shows that. This decision is one
further step toward our continued success. While many companies reverse-split
their shares because they are in trouble, we do not fall into that category. I
want to stress to our shareholders that this decision is in the best interests
of the Company and the shareholders. We are all excited about the future of
GlobeTel and our shareholders."
Following are failures for right now as far as business execution.
1. 2 missed publicly announced deadlines on strat lunch.
2. Magic money in Philippines and India- $4billion and $6 billion dollar market. None materialized yet. That was a year ago.
3. Hong Kong convention. GTE never went there. You probably didn't even know about that one did you ?
4. Full VoIP telephone line ? 23k in sales. Whow.
and can name more if i seat down and follow up on my notes.
NOW YOU TELL ME WHAT HAS GTE SUCCESSFULLY COMPLETED IN ITS BUSINESS MODEL ?
By the way is that you Rocky ? Your alias sound like your first name.
I am aggressive investor. Cd's are not for me. I didn't put all my money in one basket that is why i still am trading other stucks. I don't remember ever talking to you i do not think i ever called anyone vulgar names so stop liying. I don't exchange insults. That's below me.
Starboy. I'm not sure how to put it but i feel like a person that was on fire with excitment and then I got dumped into alaska's -50F water for few mintues and then I realized. Hmmmm...so far i have seen a blimp and that's all. You can dream, imagine and think all you want but that will not replace a proof. Do you understand what i am saying. 2 delays, nothing materilized yet out of magic money, $4billion dollar in India and Phylippines Press relases. Nothing and that was more then a year ago. I see profitability and on what grounds and strat fully floated to stratoshpere then it will change my mind again. Like many have said this is long term project implementation that is going to take long time to implement do to Access5. See at $1.00. Sorry.
ecrich i hear you and thanks.
One differace between your purchase and mine might be that i bought as much as i could and then some and i'm not sure you have. I have to now make that money up on some different stocks cause i can't avr. down and go down even more with GTE. Managment has f-ed investors and that's how i feel and no one right now will change my mind about it. Also to all the guys..it's hard not to be emotional when half of your bank is gone.
Good to hear from you bro. Hope i see you again.
Starboy the problem is that this isn't .091 stock. It's 1.36 and shorts don't care about outstanding shares since they think after R/S price will back to where it was and GTE will issue additional shares to sell to new investors. Kind of like using it as toilet paper. That thinking might be incorrect as to GTE but they don't care. This stock is going to $1.00 like i posted in my TA. Bearish triple bottom trend is right now with reversal (PO) at $1.00 or like Lowtrade posted at 0.93
R/S will always be bad for stock. Maybe not because of it's action but because people's psychology associated with it. I will never in my life again touch R/S for any company. As soon as i hear it...im gone.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G
Toboada(banker)selling IMO
http://finance.yahoo.com/q/it?s=GTE
Bald Eagleye & Testsite nice chatting with you. EOM.
Wolfrun i thik you are right and share your opinion the matter. Bearish reversal point is $1.00
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G
Bald Eagleye.
I have so much contempt because of management failures to execute public announced deadlines over and over again. Also their false statements that
R/S and moving to higher exchange will be beneficial to shareholders. Was it ? NO. It is a horror story what has happened to PPS. I have lost more then 50% of my money and i hold management accountable to it unlike some other people here that just dismiss all GTE execution failures and whistle like it's no big deal. It is a big deal to me.
I hope you are right and it will pan out but president of Globetel Leigh Colman said end of September for Strat 2 launch. CEO said end of the year which is around the corner. Why inconsistencies coming from people that work next to each other. September is done. End of the year perhaps? Excuse my doubt and caution but they have missed 2 dead lines already and stock sunk like a titanic. I have a question then. Last time i checked they had no high altitude propellers to use. Kestrel is out. Who is Kestrel replaced by ? Can you ask Bob when will Strat 2 be ready ? Those are important pieces to Stratellite if you want it to fly to stratosphere not just to altitude of a blimp.
P.S
I think i meet you there and talk to you but I’m not sure. Are you the guy that came with his wife and was shooting the camera ?
If so you are very nice guy.
Testsite1
"No offence, But I would think "you" of all the people here would be happier to finally see your stock going up for a change. I get no "HAPPY VIBES" from you whatsoever. Actually, I don't think you've ever been happy."
I was very happy shareholder when we were on OTCBB exchange. I do understand that CO. would not survive on OTCBB but NAZ was their goal. As much as people complain about OTCBB and its practices GTE traded just fine there. We changed to AMEX and it is a horror story to say at least. I always had problem with AMEX exchange. Check my 1st post ever. http://www.investorshub.com/boards/read_msg.asp?message_id=5226802
This is the last time i touch any stock on that exchange period. As you can notice i had problem with that exchange back in January. My mistake was to trust the managment in their statments that moving to higher exchange will be beneficial to shareholders and so will be R/S. On top of that prior to those events manamgnet said there will NOT be R/S and course was NASDAQ not AMEX. I wonder what is realy the job of our SPECIALIS on Amex ?...cause it ain't to provide fair trading as far as i can tell. Well you be the judge of those statments now but IMO it's a horror story for all shareholders. This stock has been going down like a titnic. I can't believe none of the shareholders are holding managment accountable to their statments and just dismiss all my statments. That's dangerous game some of you play.
Sir Weirdo
In order for Stratellite to be a fact it would have to be a proven and tested product in stratoshpere therefore the name Stratellite. I am not sure if you were at the unvailing but all i saw was a blimp and not even fully constructed one.
Were high altitude propelers installed ?, were batteries and sollar panels installed on it's skin ? The answer is NO so all you had and all you go by for now is A BLIMP. That is a fact and Stratellite itself among with it's concept is speculative since NO one have see stratellite yet (meaning fully constructed)or it's flight. If you can prove to me that Stratellite is a fact then please do so. I'm not sure how you will since what i just wrote is a fact and i'm not a shorter and i was at the unvailing. I talked to chariman, ceo and president.
Lowtrade and showmebill great posts.
Lowtrade you mentioned shorts price target and time frame.
What is your take on this PO (price objective) of $1.00 posted on stockcharts TA site.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G
The pattern there is descending bearish triple bottom break down at price objective of $1.00 and reversal.
I would think shorts are basing their opinions purely on TA and financials and that would be their cover price.
What do you think ?
Sir Weirdo. No disrespect that is ludicrous.
Show me WHERE in any document, reports, or findings that states "loans was received by GTE for allowing funds to short the stock."
What am I SEC agent ? Are you aware of naked shorting and what SEC is doing about it ? And you are asking me to produce some documents ? If I could then I wouldn't be here bro but would be busting all those people that are naked short selling GTE stock. It is ludicrous of you to even ask such a thing.
It is one thing to speculate (and voice your opinion...I am perfectly fine with that), and it is another thing to state it as a fact when you have nothing to back it up.
Last time i check message boards were designed to share an opinion and that is where I am going to rest my case. BY THE WAY THE WHOLE GTE STOCK IS BIG SPECULATION as most of you admitted here on this board many times so why are you even bothered by speculating. Didn't most of you say GTE is speculative stock.
Bottom line is message boards are there to share an opinion and this is speculative stock and discussions like the once i am rising are valid for this type of median. Period.
Next time, just add an IMO :)
Will do if it makes someone feel better about it. It's assumed in my mind most of the time.
One more thing just so everyone is clear.
Stratellite is speculative matter.
Naked short selling is speculative matter.
Allowing shares to be shorted for loans is speculative matter.
If i could prove those people i wouldn't be here so don't ask me and think first.
SirWeirdo please do not tell what i can post and can not post. It's my right in this country last time i checked and since this info is related to the subject i have a right to express my opinion as you do ok ? !!
If you would like propose better explanation why stock has dropped so quick then i will be willing to listen.
As far as taking out of context then it's not out of context because it is a rule that relates to general market not just Charter Communications. You took it out of context not me.
WSJ Article here
"GLOBETEL COMMUNICATIONS Corp. (Fort Lauderdale, Fla.) -- The telecommunications and financial-services provider appointed Sir Christopher Meyer, former United Kingdom ambassador to the U.S., as chairman. Sir Christopher, 61, will remain chairman of the U.K. Press Complaints Commission. He succeeds Przemyslaw Kostro, 43, who remains on the board. Mr. Kostro cited his desire to retain the privacy of his family and the completion of the company's initial public offering of shares as reasons for stepping down."
http://online.wsj.com/wsjgate?subURI=%2Farticle%2F0%2C%2CSB112778964013653013%2Demail%2C00%2Ehtml&am...
Also check out loans received by GTE for allowing funds to short the stock discussed on TA board.
http://www.investorshub.com/boards/read_msg.asp?message_id=7897562
Justfrank read my next post and thank you for you TA analysis. Much appricate it and hope I hear more from your camp when you notice more changes. Peace.
GTE Received Loans for ability of loaners to SHORT!!
DD_xprt. BINGO !!!!!
..."...My point is Huff had to give a shorting privilege to get the 2 loans which doesn't sing the same song as we got pumped into us. It quarantee's the lenders "investors" a profit at the expense of the long retail holders when they drove the price under 2.00 killing all the margined shares. The value of GTE means nothing when it is being controlled be the ability to short 10,000,000 shares. The investors took advantage of the time they have till GTE turns the corner. Also Huff has a Holding company that sold shares at the High helping the price to retreat...I'm sure everything is legal so why is Huff acting like it's such a mystery when his Holding company has been selling and the investors he allowed to short are shorting? "
That is exactly what is going on. That is how loans get completed. That kind of behavior should be criminal. Remember that officers and big time investors get preferred shares that convert to 3 times (or whatever the conversion is) more shares and they do not suffer looses like we do. Also they get those preferred shares at much lower cost. Last time i remember it was 5 cents. If you want to verify that is a true statement check out this rule:
"Instead, the largest shareholder took a powder and the company went to hedge funds and offered them the right to short as much common as they wanted to in return for lending them money. The hedge funds obliged. If the company had adopted my funding method, or if the company simply had done a huge equity offering, we would be looking at a win, not a loss. But the company made the wrong move and the stock went from being a good stock to a bad one."
http://www.thestreet.com/funds/smarter_up/10215013.html
And if you still do not believe that to be the truth then you will never believe cause as press release and Huff himself said that they will not be able to provide more info on that matter to the public. Why you ask. Because of shadiness that is going on.
No offence taken but with all do respect...
You have misinterpreted the entire post.
I was posting stockcharts TA and their TA indicated bearish triple bottom breakdown AT REVERSAL IN TREND AT $1.00. Then i asked Lowtrade to present his TA since I always respected his TA. You just questioned my post with data i provided without you presenting any data from your side so you have no basis to agree my TA data, until i see your data which by the way you have not posted. So you basically presented your opinion only not TA. I thought this was TA site.
Data source: http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTKDANRBR[PA!A][D][F1!3!!!2!20]&pref=G
That post appears like the answer to a essay question where you don't know the answer but write as much as you can hoping you mention the right answer.
First you say it Looks like Descending Triple bottom breakdown What indicators do you see besides the notation on the P&F chart you referenced?
Again you misread the post. This day's price (9/26/05)action formed a Bearish Key Reversal which suggests the stock will go lower in the short term.NOT bullish reversal. Again bearish target reversal to bullish is $1.00 which today's heavy volume confirmed continuation to lower price target for bears which is $1.00
Data source: http://thewallstreetanalyst.buysellorhold.com/isapi/delstockgif.dll?CType=1&EDate=09/26/2005&...
Data source: http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTKDANRBR[PA!A][D][F1!3!!!2!20]&pref=G
Then you say Wallst TA confirmed reversal as well. We have been in a 4 month long down trend, if there is a reversal that has been confirmed then we should be headed into an uptrend which invalidates your previous point.
Now you have finally presented you opinion which i disagree with because profit taking at 115% over the average volume is considered heavy selling not little profit taking IMO and the only reason that bearish pattern got temporarily disrupted was do to the fact that news came out. Today’s 10% price decline with all the TA suggesting bears are shooting for $1.00.
I agree with squ1dk1d, we'll see $3 before $1. Today although disappointing It appeared to me that it was just some short term profit taking indicators still show improvement in pps could continue, since they haven't show any movement to the downward with today’s trading.
I would like to hear some others posting TA based on data not just opinion without any data behind it and that is why Justfrank i asked lowtrade since he has always provided meaningful data.
By this friday $1.00 based on TA. Lowtrade ?
Last thursday we hit $1.14 and that was before the financial guidance news. 1st day of trading after which is today we dropped 10% on high volume which suggest a lot of selling today. Short squeeze data showed 1% increase in shorting for the month of September so that would suggest further movement of price to triple bottom pattern as TA suggested by two sites.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTKDANRBR[PA!A][D][F1!3!!!2!20]&pref=G
If no news I will call $1.00 by friday or the latest next friday. Lowtrade I’m interested in you point of view on this post and TA I presented. Please if you don't mind post your own. Much appreciate it. What happened to techbear & juststocks ? Are you guys still here ?
Wolf and Pit $1.00 target based on TA and I agree with your TA.
Looks like Descending Tripple bottom breakdown. Bearish pattern.
It seem like this stock is dropping faster then it is rising and end of the year has 3 months to go. It will be plenty enough time for this stock to drop to that level.
10% drop in first day after news should tell everyone something how fast this stock is droping due to shorting and traders selling/trading.
Descending Tripple bottom breakdown. Bearish pattern with $1.00 reversal price target.
http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PWTKDANRBR[PA!A][D][F1!3!!!2!20]&pref=G
Wallst TA confirmed reversal as well.
http://thewallstreetanalyst.buysellorhold.com/isapi/delstockgif.dll?CType=1&EDate=09/26/2005&...
..and more shorts entering for Sept 2005 data
http://www.shortsqueeze.com/index.php?symbol=GTE&submit=Enter
...also check when this updates ONLY AFTER 6.00PM to see what this says
http://www.americanbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=AMEX&TYP=S
Agreed with that
http://www.investorshub.com/boards/read_msg.asp?message_id=7883353
4% institutional buys this week
http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?t=GTE&range=7&mgp=0&i=3&...