Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
...the + $.04 move (or lack of one) DOES surprise me...
...apparently this new administration has quite a bit of work to do to overcome the doubt-filled climate that Mr's. Huff and Dumas helped to create...
...six months ago, this would've moved GTE 70%-100%, IMO...
...gotta admire the new regime's well thought-out PR's...they urge patience AND caution...can't hurt!...Duke...
...and on the 7th day, longs let out an anxious sigh of relief!...Duke...
...he shut it down...Duke...
...short sellers are thieves???...
...I guess I'm in trouble then...
...eqbeck, do you truly believe that there are "paid bashers" @ $0.28?...
...or at ANY price???...Duke...
...now THAT is some GOOD STUFF!!!...
...what are you doing here at IHUB???...Duke...
..."I know of no way of judging the future but by the past"...
...Patrick Henry, 1775...
...interesting...click on the "GTEL : Yahoo" link...
...you get an August 13, 2003 SP of $0.033 ($.49 pre-split),and they actually have an impressive 10.50 P/E!...
...where'd you find that?...Duke...
...here, danielle...
...I REALLY dislike proving you wrong...you make it too easy...
37. Re: NOT ALOT OF SHORT SHARE OUTTHERE
...its hard to believe that people havent covered a majority of their shares yet, as the stock was below $1.00 just last week...
Business & Finance > Investments > Sectors > Services > Communications Services > GlobeTel Communications Corp. (GTE) stuartlittle324 23-May-06 10:52 pm
...cannot bring up the full message, as I had all my "stuartlittle" posts deleted...
...honestly, I think people are nuts not to have covered...it's called : "greed"...Duke...
...covered my last short position over $2.00 MONTHS ago...
...guess I didn't do such a great job...
...have not been able to short under $3.00...
...pay attention, danni...Duke...
...I've been saying that since $1.00...
...looks like the shorts knew better...Duke...
siriuslyricher : "Don't lecture me or anyone on this board about morality."
...then refrain from urging people to buy as you do just about everyday...
...and, if they want to sell, don't tell them that "others" are trying to "scare you out of your shares" for a better price...
...Duke...
...gary...it's an "inside" reference from the Yahoo MB...
..."BFM" was a legendary and entertaining poster there...Duke
...that is correct...choo-choo to 2, and then run-run to 1...
...he was legendary, that ol' butter...
...Mr. frank, that was basically the way I was leaning here...
...personally, if this WAS the design, then perhaps good news re : strat IS on the way...Duke...
...Mr. koenig...your opinion, please...
...in light of this morning's announcement of management changes, would it be MORE or LESS likely that if there was any negative news pending re : the strat project, that this news would have been released PRIOR to Mr. Huff's resignation?...TIA...Duke...
...msturgeo, no need to lower yourself to the many out-of-touch posters here...
...today's announcement is MORE than vindication for you, as well as probably thousands of other shareholders, who have LONG believed that Mr. Huff, a decent man, was not the answer as CEO...
...when I first posted here, I saw that the tiniest, yet sober and valid criticism of GTE or its stock, rained down an avalanche of bashes from those who allegedly abhorred such treatment...
...from design333, who would call you names, then threaten your banishment from the board, as if she had some say in the process, to danielle, whose pompous messages always seem to contain some reference to "bashers" and / or "outside" influences over which GTE had no control, to siriuslyricher, who as recently as Monday discouraged design from selling, and posted that "good news was coming", without any disclaimer about using due caution, a common ploy by him...not to mention his constant barrage of third party messages stating or implying factual data...
...your opinions here, as mine, are as good as anyone else's and should be respected...
...unfortunately, the assault upon divergent opinion here will continue because a significant portion of the majority here have no tolerance for an opposing viewpoint...
...recent history shows us that those of us critical of the company have been spot on, and our skepticism unfortunately rewarded...GLTY sir...Duke...
...my apologies...+50%!...
...this HAS to be read as good news, IMO...
...MANY have felt that Mr. Huff was overmatched as CEO...
....Dumas seemed to have a few "clouds" surrounding him, IMO...
...temporary, but GOOD news, IMO...Duke...
...I'll be surprised if we don't see a 50% move today...Duke...
...Mr. Huff should stay for his technological expertise, IMO...
...buh-bye, Dumas and Fernando...
...when was Kostro chairman?...Duke...
...good stuff, maybe...
...I stand corrected...Duke...
...jf, maybe we can both make fools of ourselves...
...did you read this little tidbit from the most recent 10-Q?...
...<<The Company anticipates increased cash flows from 2006 sales activities; however, additional cash will still be needed to support operations. Management believes it can continue to raise capital from various funding sources, which, when added to budgeted sales and current working capital, will be sufficient to sustain operations at its current level through December 31, 2006. However, if budgeted sales levels are not achieved, or if significant unanticipated expenditures occur, or if the Company is unable to obtain the necessary funding, the Company may have to modify its business plan, reduce or discontinue some of its operations or seek a buyer for all or part of its assets to continue as a going concern through December 31, 2006>>
...couldn't find that similar statement in SIRI's, maybe you could provide a link for me...
...really, jf, stop using GTE's financials as your stepping stone...you'll fall off hard and hurt yourself...Duke...
...jfburk, you are SO hung up on the mediocre at best financials of this company...
..."Read the 10Q"...ad nausuem...
...why don't you tell me what you think the price per share SHOULD be, and I'll see what I can do for you in the morning...Duke...
...one thing is for certain...
...as long as you folks here continue to blame AMEX, Seth Jayson, Chris Byron, short sellers, hedge funds, ad infinitum, for GTE's fall, then you will not have learned the lesson that was obvious here, and extremely important to learn...
...AND you will continue to repeat those same mistakes as you move on to the next "penny stock"...
...if you don't believe that GTE the company had anything to do with its current situation and SP, then you should not be investing...IMO...
...Good luck all...Duke...
big money, according to siriuslyricher, longs are NOT selling today...
..."observe the massive short covering going on today (check out posts on the TA board). Longs, don't let the shorts cover cheaply"...
...you see, when "massive short covering" is occurring, the price goes DOWN!?!?!?...
...and that's why GTE is -17.65% today...Duke...
...siriuslyricher, once again I point to you as one of the main posters here who has continued to mislead others, costing them God knows how much money...
..."They know news is coming and will make a tidy profit after scaring you into selling."
...if you've ever urged caution to your fellow investors here, I'd like to see the post...Duke...
...cab, you and MANY others...
...don't pass up the important lesson learned by us with this stock and company...
...remember the times that you didn't want to believe an article by a Seth Jayson, although its contents made you hesitate to buy more shares, and a searing doubt worked its way through your stomach...
...remember how you felt EVERY time GTE issued a PR that had bad news...
...and CERTAINLY, remember the posts by folks here who pumped this stock in the face of delisting, etc...people who could find fault with any and every world class company, yet could find no fault with their beloved GTE...
...it's probably too late to sell now, imo...but, I believe Chap. 11 is a distinct possibility...
...we've all felt the pain of a bad investment...I thank the good Lord that after I finished "trading" this stock, and found myself stuck with several thousand shares after the volatility dried up, that I had the "courage" to unload my final few in the $.70's...
...Good luck to you, sir...Duke...
...I found THIS...what did you find?...
GlobeTel Communications Corp News and Filings As of 10/9/2006 8:19 PM
Fri, Oct 06, 2006
5:41 PM GlobeTel Announces SEC, Audit Committee Investigations, AMEX Delisting Decision - Business Wire
Wed, Sep 27, 2006
9:09 AM Patrick D. Heyn Joins GlobeTel Communications Board of Directors - Business Wire
Wed, Sep 20, 2006
6:42 PM Main feeder array in Heilbronn, Germany, the site of GlobeTel Communications' wireless network installation designed to accommodate residential and commercial users of both broadband and wireless VoIP technology over DECT. (Photo: Business Wire) - Business Wire
Wed, Sep 13, 2006
10:08 AM GlobeTel Communications Enters into Private Placement of Convertible Notes - Business Wire
Wed, Aug 23, 2006
11:59 PM GlobeTel Receives Notice from AMEX of Noncompliance with Additional Continued Listing Requirements; Appeal to Be Heard September 28, 2006 - Business Wire
Fri, Aug 18, 2006
9:37 AM GlobeTel Communications Corp. Announces NASA to Terminate Memorandum of Agreement - Business Wire
Mon, Aug 14, 2006
5:43 PM GlobeTel Communications Reports Second Quarter Fiscal 2006 Results; Updates April 10, 2006 Guidance - Business Wire
Fri, Aug 04, 2006
FILING Securities offered to employees pursuant to employee benefit plans - Form S-8
Tue, Jul 25, 2006
4:40 PM GlobeTel Communications Appeals Amex Notice - Business Wire
Thu, Jul 20, 2006
1:15 PM US Air Force Approves Statement of Capability for Sanswire Flight Testing - Business Wire
More News for GTE More Filings for GTE
Copyright © 2006 QuoteMedia. All Rights Reserved. Data delayed 15 to 20 minutes unless otherwise indicated. RT = Realtime, EOD = End Of Day, PD = Previous Day. Market Data powered by QuoteMedia. Terms of Use.
Copyright © 2004. The Nasdaq Stock Market, Inc. Please read our Disclaimer and Privacy Statement.
...if you would have read Seth Jayson with an open mind, you would have saved yourself alot of money and pain...the man has been spot on!...Duke...
...jf, honestly, it's WAY too late to sell, imo...
...but, noone can say with certainty that Chap. 11 won't occur...
...if you think for a moment that I'm enjoying this pain that I'm observing, then you are incorrect, sir...
...certainly some people here, as well as at Yahoo are not entitled to my empathy...but, we've all felt the pain of a bad investment or two...
...don't wish you poorly...Duke...
"among other things"
...another certain red flag, imo...Duke...
...jf, great point!...but financials are weak at best, imo...
...how about all of the "factual" red flags we've seen the past nine months?...you shouldn't have ignored them and continued to blame them on conspiracies, imo...Duke...
...jf, much advice has been given in the past, imo...
...why is criticism always considered bashing by you and your ilk?...
...when you tout the company's allegedly solid "financial statement", noone accuses you of PUMPING...
...when I came to the Yahoo board on Dec. 30, I was amazed at the "buying" in the upper $3's / lower $4's after an approximately 100% move...I, along with many others suggested that folks be taking some profits at that juncture...you won't see many 100% moves go substantially uncorrected...Duke...
...danielle, perhaps your bizarre reasoning which leads you to blame EVERYONE else BUT GTE, is responsible for you still being here @ $.30...
...go back to January and see how many "red flags" you missed...there were plenty of them...
...apply them next time, and perhaps you will have better results...Duke...
...unfortunately for Globetel, Friday nights eventually become Monday mornings where they can't hide their PR's among the martini glasses...
...their history of Friday evening releases is cowardly, IMO...
...you investors deseve better...Duke...
...Mr. koenig, with all due respect, would you care to comment on this post by "mide" yesterday?...Duke...
Posted by: mide
In reply to: vkoenig who wrote msg# 44589 Date:10/7/2006 8:06:57 PM
Post #of 44849
I do find it interesting that Vern has gone from an advocate of leaving the AMEX for weeks as a positive , and when GTE does, duns this board with a psycho 180 degree flippo on the absolute doom of having done so.
So I decided to send this post I am responding to to Rob for comment just now, and here is permitted exact response to it.
Vern.."I'm willing to allow Stratodyne to take over the Stratellite project if necessary. If I do, it won't be on some shoestring budget like the last time and I won't answer to anyone but Huff. I could have a scaled down test Strat in the air and untethered by April 15, 2007. The cost would be $1.5M up front and an exclusive contract with GTE to start building full size vehicles in late 2007. This offer expires on October 15th, 2006. Take it or leave it. If they leave it, Stratodyne will be going back into the HAA business on our own on October 16th, 2006."
Rob.." i was drinking a soda when i read that post and it all came out through my nose because i started laughing uncontrollably. have you ever seen the stratodyne website, particularly the page where he talks about how you can buy shares of the company and he promises they are going to double, and that he is doing an ipo?? who's his underwriter... the butcher who gave Jack the magic beans in exchange for his cow?"
m
...actually looking back 6-8 quarters you can see overall how the revenue growth has dramatically slowed...Duke...
...fair enough...sorry to see you lost so much...
...I'm actually more in tuned to how you think, I believe...but I started as a short on Dec. 30, 2005, eventually went long, got disgruntled and gave back a good portion of my short winnings...
...I see how some of the posters here can react to dissenting opine, but I just couldn't come here to feed off of their disappointment...most of them are decent people, I'm sure, with families who could use some of that money that's been eroded away...
...hopefully, in the end, they will get most of it back, if not all and then some...Good luck, F...Duke...
...yes, FORTUNE, you were correct...
...these calls were easy, imo...
...why do you feel the need to "rub it in"?...
...alot of decent people are hurting pretty badly here right now...
...give it a rest for awhile...Duke...
...it's not easy distinguishing the Russian "government" from the Russian "mafia" without a scorecard, imo...Duke...
...and probably AS difficult WITH one!...