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I dont know about facts on the internet better than incorporated news. bias or corruption is another story.
I wonder how many here have lost more than fines for fraud. still injustice going on. IF company does what they seem to be planning, that may change.
looks like even the flippers win, only the long shareholders lose.
they(Paulson and frients) said they did not need to take action, this implies to any shareholder, everything is ok, we wont wipe you out and just keep trading. potential HUGE class action. amazing how they kept common shares alone, said they meant little to them, yet let the shorts have their way with making a fortune on the way down. if that was not caused by government backed activity for shorts, I dont know if the ground we walk on is real or not.
If you look at yesterdays action, shorts did cover, thats why it went up sharply, then down sharply as shares were sold off. it stayed down all day because of no-confidence.
Today, just plain old settle out trading.
those future, untimely, unanouned and unneeded moves are why the share price went down and will not recover, everyone has lost confidence and shorts can now retire. the govt took all stability out of stock, it is a crime to me.
thats where they were last week before getting messed up by govt. nice to stay positive, but I would rather see it stay down and HUGE class action, this would get money back and hope to prevent such actions again.
what do I mean, when someone makes millions from investors working at sachs, and company like FRE gives millions to CEO and lobbists, and someone says many times he did not need to take action (fraud) and then does while his friends short the daylights out of it. I think someone should go to jail and shareholders get compensated at friday close value.
cannot imagine it not going much lower, for real, the government has condemed the public shareholder. this really is a monumental day.
If I only knew, I would have over streached on a home load from freddie and then shorted FRE. how was I to know the government would do something illegal and help in this way.
good timing, I think the government did more damage than I first thought.
No one seems to want to buy, I think government stance- we dont care about shareholder- is the reason. criminal action, let the lawyers begin.
its still a crime what the government did to the share price, they knew it would take a dive when they said they dont care about shareholder, they knew very well who would be buying low. affect on price was very well know by insiders.
it was stated that the actions had no regard for shareholders, that in itself may be illegal for government to do. but it does seem they have regard for financial and fund managers and leaders. it would have been so easy to buy out common shareholders, but they chose to ignore real people investing in a public company.
Goldman Sacks, keep an eye on this stock, recovery for them I would imagine, financials will look good from Paulsons actions. still think it had little to do with home owners and more to do with politics and favors.
not to be critical, but you should remember from now on that you can only go down 100% on anything. your logic would be more sound.
not even close, there is plenty of value, fact, in the billions. recovery was on the way, and so may be a huge and interesting law suit.
some here should think about a lawyer, cant believe Paulson, a man who made 10s of millions in the market, is sticking it to the shareholder. I think a good lawyer will see his dirty deeds that did not have to happen will cause backlash by shareholders. this step was not needed, it seemed like revenge + politics at election time.
http://money.cnn.com/2008/09/08/news/economy/barr_paulson.fortune/index.htm?source=yahoo_quote
http://money.cnn.com/magazines/fortune/fortune_archive/1999/04/26/258776/index.htm
I agree with opinions that this it not as bad as most think or hope for. fact is, I think its a win win situation. we will find out today, and see the end result in the coming weeks of trading and months or lending, if logic prevails.
your making me laugh, I am also curious what the near future is for globetel. a positive thought is that it should do better than its past performance.
its amazing how anything that is not on the internet seems to be suspect yet 90% of the information on the internet is un-edited and not checked for accuracy. We shall see what happens to Globetel and its shares, which will then decide the facts.
where did you get these experiences at, what companies did you see this happen to, specifically?
Mide, I did not own any shares at the last shareholder meeting, In fact, I stated that Huff was way off target to approve another 100Mil shares. everyone, including some of todays bashers jumped all over me. His reason was they needed capitol because things might start happening quickly, of coarse he must have meant down hill. I said no, everyone else said yes, that is why I waited to buy, waited for proof and now here we are. wish I had bought all at these levels, but hey, I see things advancing more so than ever before. I still remember bob jones sitting at a table of un-assembled parts, not near any completion of anything.
the continuation of uptrend will depend on news. price has future news built in. I am hoping another one or more of Bergs predictions will occur.
how long did it take you to write this information down? true/false or a mix, just curious what you have to gain by this action.
either way I emailed the company. If and when the stock goes to $5 again, when the business is sailing smoothly, i will be curious to see what is said here, and what the company does in return.
I agree, this is serious, especially when there is no proof and the volatile situation of the current state of affairs for the company. I would have to guess this could be libel and to allow this is shameful. I may email the company with his comments, but im sure they are reading most of this anyway and have it documented.
thankyou for putting things into perspective, I do believe what you say is accurate, and if anyone does not, it is up to them to figure it out otherwise.
If you look at VLNC chart and go back 1 even 2 years, this is the time when they head North for a while. we have gone through 5 waves down, and now into the next wave up. I think we see an uptrend for a while, how high depends on orders. things are good right now, but more new concrete orders could make it another 300 to 400% increase.
now this is risky business. you would think anyone who wants this hazard to go away would be right behind globetel and the like. anyone know an insurance company that would like to invest in ligher than air communication solutions.
http://tech.yahoo.com/blogs/null/97827
I could say the same for all the dots that point to future growth and potential for this company. If I thought not, like many on this board, i would be gone from here and on to another investment, unlike many on this board who linger here without any financial interest in the company.
I did live in south florida for a while, and it is a different world, much like LA and NYC in some respects. I did not like it because it seems many are looking for something for nothing or expect their palm to get greased. having said that, I found a lot of good folks down there, some imported, 1st, or 2nd generation. you get the good and bad mix whenever you have a 4 + million population where most all live next to or on top of each other with extreme social statification. its a great place to visit I can say that much. as far as scam company, globetel is a public company with many eyes on them, current management dont seem to want anything but success for the company and its shareholders.
almost 3M shares after hours, wow.
yesterday, first day on russell, highest percent gain ever, today is largest volume day ever, monday, biggest news ever? one can only hope.
kind of humorous at least some. inside trading is ONLY when someone such as officer,director,major shareholder does the trading OR they give information first hand to someone who does the trading. you have no proof of anything or anyone having done illegal trading. and if mide puts info on public board its no longer non public information that was discovered through individual labor and research and info itself has no proof that inside trading occured.
Russell index is shopping today, and looks like they chose valence. going concern is gone, russell is in, what next?
maybe next Q will turn some heads.
actually your analysis is flawed. there is no market for this stock, there is no proven value yet, just news of things to come. who is here is staying here, who will be here is something you will talk about for a while to come with daily opinion of current events and guess work of things to come, just like some others. will it go back to $5, very slim chance of that, so my guess is there will be a lot of current shareholders holding for a long time to come. I think it has a chance to make some very good moves but sustianing any significant levels will only come from results.
you seem to have a very strong opinion agianst something you have not seen yet, that much is obvious in my opinion.
Is this your professional opinion, it sure seems like its bias though. reality is the website and its content and how it relates to its business, no matter what your opinion.
thats funny, you made my weekend.