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Can someone tell me how far back they go to calculate the average daily volume? Thanks,
Shorts hoping to pull price, back and some taking profits because of rapid fall. However there are still too many waiting to get in this stock. So, IMO pps will not stay low very long before returning to normal. Too much volume. IMO.
Gbreez your right, IMO. This is just the MM's taking some shorts money off the table, will be back at $3.40 bu lunch. IMO
Hey Pit,
Don't want to see $3.00 But if it even gets close I'll get as much as funds allow.
Have Fun.
Thanks Mide, Appreciate the info! Hope many more do the same!
Are these shorts covering? Thoughts!
Hey all, Here's a response back from corporate wich is greatly appreciated on my part that we have a connection to them.
I sent an e-mail to Sibylle on the shorting issue with my opinions. Here's the response.
For some time now I have collected the information on this topic. Today, I
provided my boss a summary of my findings and he is now looking into it.
You probably know from one of our earlier press releases that AMEX is
investigating this issue, and so is NASD. We are on top of things ...
Sibylle F Yakan
GlobeTel Communications Corp.
9050 Pines Blvd., Suite 110
Pembroke Pines, FL 33024
Tel. (954) 241-0590 x 102
Fax (954) 272-0380
syakan@globetel.net
50% Retrace yesterday and tested the $2.30 support twice already this morning.
If this holds for a little , I think maybe we see 2.60 by end of day. Thoughts anyone?
I agree, How can we jump up over .40 cents a share on such great news and then fall back over 50 percent on no news. Certainly feels manipulated. But, I'll hold my shares till hell freezes over..
Like you said before Pit, funny how news comes at the most convienant times!!!
Good luck to you Pit, Very much appreciated and respected your imput here. Although I don't post a lot, I read every post daily. Have learned much from you and hope to hear/learn more from you in the future.
Again much luck to you! Russ
Nice, and were at 204% vol. for the day and not even lunch time.
Sorry Guy's, That's my last post to Sebass, Just couldn't get his negative out of my head. I'll feel better now!!!
Well Sebass, At $1.14 you were saying a 1.00. It's at $2.14 I'm betting you still don't want to admit a reversal took place. It doesn't fit into your agenda very well uh.. Nonetheless the market is what it is and doesn't care what you or i think!
Remember that you'll be a better trader, at least be able to swing a little faster.
Size increasing , Hope it's up from here!
Just keep going right through these targets!! Looks like next stop, (OOPS! I mean slow down) might be 2.10. Thoughts on how soon anyone. Today at close maybe.
Smart move Pit, Don't be surprised next week at the conference they have a live Demo working inside the conference. Maybe while testing the military prototype or ours.
Wish I had more Funs available. This is like a new beginning here to break the 1.88. I would be all in here.
Sebass, You need to have Vision to see vision. Why is it going up? Because they have new Poducts and Idea's and with coverage many more people will have this same vision. to say it's Stupid, Well, that's probably what they said about microsoft when there were no computers & software like today.
I'm guessing the 1.88 was a buy/ cover limit a lot had already out there!
Well, we broke the 1.88! It's off to the races.
Break the 1.88 res and maybe 2.00 by close. Thoughts anyone?
Ok, Last 30 minutes of trading, Ready for the run-up to 1.88. At least wishful thinking!
Pit, Maybe if we get our usual run-up at close and break the 1.88 resistance, We may move on to the 100 day M/A at around 2.09 by tommorrow.
Sorry, but I can't actually RELAX!! Ha! Ha!
Shorts probably don't want to risk it any further. Just a guess as of now.
Pit, I think we can write off our resistance levels now. Great timing on the news. Also noticed the dates in the news. Coinciding with!!
Note: Just part of the news I posted!!
Here' the news guy's,
GlobelTel Communications to be Featured on Discovery's Science Channel
Thursday October 20, 11:19 am ET
Segment Highlights Sanswire Networks' Stratellite Airship
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Oct. 20, 2005--GlobeTel Communications Corp. (Amex: GTE - News) announced today that its wholly owned subsidiary Sanswire Networks, LLC's High-Altitude Airship Platform, known as a Stratellite, will be featured on "Discoveries This Week" on The Science Channel, Friday, October 28, at 8:00 p.m. Eastern Standard Time. The Sanswire feature will also air numerous other times over the course of the weekend.
Pit, Looking back to the end of August to today. Looks like there may be a little resistance to get over at 1.72. What do you think?
Looks Like end of aug, 10/17 and today.
Agreed Pit, This is just about as good as a coiled spring setup. Once released just guessing how far!
Get readt to ride. I fiqured/hoping when they pulled us back under tha 50 day m /a, they were pulling a rinse job on us. Hope shorts cover all day long now. and tommorrow too!!!!
Sort of fiqured on Conference News. Has anyone heard anything about it?
Rtb, Just wondering. Do you think that support at 1.53 could have been a rinse job since the shorts have to be getting concerned the reversal is now in place. I fiqured if it was they may be starting to cover those short positions anytime now in the next day or so. Especially with news coming. Just thoughts!
Thanks wolfrun, I've been holding GTE since $1.92 and been avg. Down since. Really believe in the company.
Just wish for more PR, but who wouldn't.
This is the last of my 3 messages allowed to post since this is my first day on the site, can't reply any further.
Wonder if Show dates will be when this will happen?
Once the Sanswire 2 prototype
is finished being tested, the marketing push should be relentless and awesome. News media, government
officials, large corporations, the science community, the military, and foreign countries should all be shown the
endless capabilities of the Stratellite.
Hey Everyone, Love your diferent views on GTE. Been reading your posts for some time now.
Was wondering if anyone has checked out this info on Gte?
http://www.matthewbest.com/GlobeTel