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Looks like you made a nice call earlier Doc! should finish strong! thats all their going to let them have that cheap.
Think you're right Doc, everyones thinking down so it's gonna go up! IMO
Looks to me that someone is collecting a whole lot of shares cheap right now! um, I wonder why? Watch out tommorrow or friday for news.
Heard all the negative sentiments before when the price plumeted down. I hung tight fiquring (hopefully as Huff does)that the price of the stock will come around to actual worth.
I liked Mide's concepts that this may be consolidation at this level or lower so it may be getting ready to explode with the next PR or guidance that we are now profitable.. Who knows maybe some large brokerage is just waiting to recomend a buy rating on us if they have got enough shares already.
Just to many positive's ready to come for me to sell rihgt now so I'm not swinging any.
Thank you Mide, Great insight, Still learning much from you and others on this board. I'm in for the long haul, though I may swing some later, just not right now!
What does that mean mide. Is the specialist accumilating?
Institutions/Funds are digesting and researching at this moment after the Holiday's off. IMO I believe we will see many more Blocks being traded after Lunch!!
Pit, We will see new high's IMO buy end of week. Instititions are sharp enough to fiqure the actual value of this company without any other news. My calculations show fair value at $7.50 to $8.00. Min!
I'm hoping it will ease back up after 1st hour pit. Nearing 5 mill shares traded 1st hr. WoW!
Don't want to count chicks before they hatch, but at this rate the old high could be taken out today. Comments anyone?
Good morning Pit, Mide & all, I don't really mind the gap as long as its a runaway gap. Luck to all today/week, Though I don't think we need it. Company is on much more stable ground now.
Just noticed, Tim gave us all a hint about this deal and maybe more in the last Finincial Report.
Sounds like Russia may just be the first of others!
-- The marketing and deployment of its wireless product, through its subsidiary, GlobeTel Wireless, Inc., is well on its way in several countries.
Timothy Huff, CEO of GlobeTel, stated, "We are pleased to report that we are making significant progress on all fronts and that our goals are now coming into fruition. We continue to emphasize that our losses have been expected as we grow and expand our operations, and we expect to begin our turn-around and have our losses diminished. We expect that as the Company makes it turn-around that there will be full-speed acceleration into profitability."
Good luck to all longs in 2006!!
Sorry Mide about this post, but thought all would like to see these details, Delete if you want.
Note: all the message is on the other board!
GlobeTel Wireless subsidiary has entered into a binding agreement to install wireless communications networks in 30 cities throughout the Russian Federation, providing broadband, VOIP and DECt technologies.
Over the past six months, GlobeTel has had a number of key meetings with officials at various levels of the Russian Government, including senior members of the Russian Parliament (the "Duma") and various branches of the Russian telecommunications and technology establishment. In early October, following months of preliminary discussions, GlobeTel CEO Timothy Huff - along with GlobeTel Wireless President, Uli Altvater and Sanswire President Bob Jones - demonstrated a working version of the HotZone 4010 equipment that will form the backbone of the new 30-city network. At that demonstration, the HotZone 4010 system successfully provided internet and DECT phone connectivity inside the Duma Building, quickly establishing its capabilities and ease of use. Largely upon the strength of that presentation, GlobeTel immediately entered in substantive negotiations with a group of prominent Russian investors for the implementation of the network which has resulted in today's agreement.
66.6 MILLION PER QTR for the next 9 qtr's. Any idea's anyone on what our PE will be. wondering what revenue amounts will come from retaining an ongoing 50% shareholding in the operations of the network.
itsjustme, merry xmas again!!!
hey sanswired, were you chasing today or did you get in early enough.
http://www.investorshub.com/boards/read_msg.asp?message_id=9052110
you to low, good luck to ya!
thats exactly what happened to you hippie from yesterday. retraced fast! didn't it. HA! HA!
Today the Bellwether Report has
identified Globe Tel Communications Corp. (AMEX:GTE), a company that our
analysts will be tracking over the ensuing weeks.
600 mill contract worth approx. 60 mill per qtr. last qtr revs were about 20 mill.
now if 2.50 was fair value for the stock pps, then three times revs coming puts fair value at 7.50 pps. this doesn't even count the recurring revenues announced, or other previous possibilites.
i see easily 5.00 next week as funds do the math. please give thoughts anyone.
I think your close sanswired, (chasing with our lives!). look at the weekly and from the low in October to the high in December.
We are just under the $2.40 mark which was 61.8% retrace. This is not uncommon for this stock. imo, I believe the only reason we droped lower is simply panic driven.
also believe tommorrow begins our climb back up the ladder after the substantial retrace. I did purchased more today at $2.30. wish I had waited till close but thats how it goes.
I also bought at 1.34, 1.92, 2.54, and 3.50
I'll continue to avg. up and down because I believe anything under $5.00 will be bargain prices before March when announcements come from one of any three. (comm. strat, military contracts, or profitable).
I'm very satisfied here because of the fundamentals. Too much in the works, and i think thats what huff knows will take care of the stock price after the 1st of the year.
Remember everyone, we have dropped on no news, not bad news.
this is the same company that climbed from 1.14 to over 4.00.
Imagine what happens with military contracts or commercial strat news. all will want part of the future.
Agree msmag, I think many know the rev" are coming this qtr. Here's a little info for you from dow jones..
DJ MasterCard: US Unadjusted Holiday Sales Up 8.7% Vs '04
saw 38k go thru at 2.85 . quick then back to 3.00
Agree with you Serious, just don't think huff will let shorts pull us back very long. PR coming before week is out (IMO), Just not sure when.
I don't like what I'm seeing either right now, but I still have my faith in the company fundamentals and that we will be back to our recent high's. Hopefully by eoy.
So I'm not selling here. Just holding strong for now with a whole bottle of asprin's!
Remember, the 50 and 200 cross is getting very close!
Agree msmag, Notice we were up .33 over on 2 mill shares traded, then back down completely on half that number traded, Just a shake out. IMO
OK, That was the shake out, Time for new high by end of day!
Wolf, That 50% is coming very fast, sure you don't want to rethink that? Although I no sometimes you have to stick to your plan.
Just thinking how much higher will it go with news today, if it comes soon.
Well Pit, your the man, You called this one pretty accurate last friday. So did LOw. Congrats
Wolf, at this rate you may have another swing before you know it, Volume good, price even greater.
Are you looking at the 3.90 area for a swing?
Good Volume 1st Hr. Good sign, also congrats to Design for getting in at the $3.55. Even better this time next week!!
Great Design, Good luck--Too all!!!
This has worked great for me so far wolf, I've avg,ed up since 1.34 and about 80% up on$$$. (of course I avg. down a little before that). I only see positives with news through at least Jan.
I just think the support/resistance area's are the easiest way at a fast paced stock with booster news in the works.
To all, so many things to consider when adding to position, so I decided to just stay with the T/A.
Wanted to add more to my position so I decided to watch support & resistance levels.
Figured if it broke first resistance at 3.55 I would buy there. If it didn't and headed down I would wait for the 1st support level at 3.36 to buy.
Needless to say, I bought 1100 more this morning at 3.54. (after it run to 3.60)
To Wolf or anyone else.
Since I saw we were still on the SHO list the other day, I'm trying to figure out why anyone with just slight intelligence would attempt to short GTE at this point & time.
IMO, They have to know what the percentages are aginst them at least during the next month or two. So If anyone can enlighten me, it would be appreciated. Thanks,
Normally if I swing part of my position it will be 50%. However when I become concerned a PR or anything else may catch me while I'm out, then I lower my percentage to 35% or 40%.
With GTE right now I will hold what I have thru Jan. Due to so much pending news.
Just too high of percentage that the great PR (Strat) can come at any time now! IMO
When this news hits, everone will want to be part of it! IMO. Especially Funds/big boys
Make note here, 20 Day ma crossing 200 Day ma
Same thing here Low, I got it about 4 min. after it was posted. Would like to know the source of that PR.
Thanks lowtrade, appreciate the info.
I follow this board daily. Have learned much from all. Hope I get enough knowledge to help others as you all do! Thanks again.