which proves my naked short theory again. I cant wait for the symbol change!

How do you know? Seems like you two are shooting each other with blanks. Nobody has anything solid to back themselves up. You and Redsky should go into the hot air balloon business together.

I'm amazed at how many GLXI posts in the last week compared to the 2 or 3 per day a few weeks ago. Cool!

redsky - what have you heard from the company with regards to news? TIA

GLXI followers - I just learned of some juicy details from another poster...

GLXI-ers- I just got off the phone with IR. This stock is going to bigger then huge. We are going to have the short squeeze of the century. The name change, cusip change, symbol change will occur with the next 3 weeks. A nobo list was ordered last Friday. Management is going to help us with this squeeze. The geologists are returning tomorrow from the field. We will be getting GEO reports from both sites very soon. The finds are multiple metals including Uranium, Silver, Zinc and Gold. Significant amounts. The drilling will start this spring once the snow is diminished. I am so pumped up I cannot stand it.

Thank you for confirming my naked shorting theory and great d&d!

it's us against the market makers. In 99% of pink sheet stocks - the companies dilute and sell shares so why should market makers be long? Retail (long)investors can't compete with companies prinintg and dumping shares. The market makers aren't going to be cought holding the bag. They know that 99% of pink sheet ceo's are scum. I can't say I blame them for following the trend. I stated before that I could be wrong but I believe there is a nice naked short postion on this stock based on the tight float and the recent price drop.
That last big spike in January cought them with their pants down and now they are counting on dilution and dumping. Insiders aren't selling so who is? GLXI is the 1% they don't count on. Yesterday - they were taking it down on tiny trades and fooling nobody. The symbol change can happen any day - and the mm's have no idea it's coming. I love it!

in one word - greed. The biggest scam of this century is naked shorting. A trillion dollar business and our SEC lets it happen. They control the pinksheets and the best thing a company can do is become very successful. Other attempts like NOBO and symblol changes have been working but they always take down pinks. GLXI will be a real kick in the balls to the mm's. If I'm right and I think I am - watch what happens when GLXI changes it's symbol - which can happen any day. If I'm wrong - nothing will happen. We'll see if I'm just being paranoid.

the spread = market makers dont want this to run because they have an outstanding short position since $2.00. That will all change when the symbol changes. Does anyone know how long that process will take? While we all wait for the geo report, drilling etc.. the symbol change may be the best thing to hit this stock - forces mm's to cover.

Traders are not interested in the story - just the volume so they have left the building. The rest of us are here for the big picture. Big volume days will eventually happen so I'm not worried.

Thats Right mm's! Wake up and raise that bid. Nobody's selling!

in dollars - that equals $250,000. Combined - we probably own the float.

This is a 2 pronged monster: Company in Negotiations to License Ethanol Technology in the US - using waste from pulp and crop remains. Yes it is a win-win and the approval process will be quick and painless.

After reading this news - I know I own a dollar + stock at a big discount.

psykotik1 - good work. We're sitting on the launching pad right now. Blast off can be any day.

thanks Irish!

penny - if you're watching:

http://www.smallcapbulls.com/messageboard/

Irish - nice charts. What do you think about GLXI? 28 mill o/s - 20 million held by insiders. Uranium play...

penny - are you expecting a nice run on GLXI?

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I own some higher as well. I'm going to wait it out. You cant time this perfectly - the shares are held tightly. The float is around 3 mill and most of that is owned by us. Expect big swings. When more investors find out - this can tripple in one day because none of us are selling.

navvin1 - does choicetrade enforce regulation T? The reg that makes sure the previous trade clears before you can sell and buy again....3 days.

Doubloon: nice d&d - I'll see you at a buck!

Can it be NOBO related? Obviously market makers dont want this to trade until they sort things out. Things....meaning how many shares they have to cover now and what price....

mastershake - I'm not a paying member so I'll respond here. I use the website listed above on the ibox:

I use bullish rating (no score) above all the moving averages, bullish macd, neutral stochastics, neutral rsi and above average volume. Maybe penny can refine this for you...

When I'm done - I plug the stock into to stockcharts.com
and use 32 dma, full stochs, on balance volume and
chaiken money flow and macd.

http://www.smallcapcenter.com/tools_technicalSearch.asp?page=ANALYTICSSEARCH_IN.ASP

I guess penny was right when he said to take atlj profits at 1.1 - that gap this am made people nervous.

Just picked up TRBD on a scan:

obv, macd, stochs and 32 dma all bullish....

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it would have been nice to find RKLC yesterday morning. Not in the mood to chase now.

good luck.

just another opportunity to load up!

klon - thanks for keeping us informed. eom

now why couldn't we find that one back in December 06? Monster!

penny -

take a look at

http://www.smallcapbulls.com

and http://www.smallcapbulls.com/messageboard

and e-mail me at cfikis@yahoo.com

I dont mind waiting this one out. Just needs a little volume which will come - unexpectedly.

Yes - we have beef in that one. they have some major backing and they wanted to point that out in today's pr. Big money is creeping in. yes it is.

GLXI Chart:

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GLXI News - looks like they have some backing:

Friday, February 02 2007 9:18 AM, EST

Globex, Inc. Announces Plans to Acquire Additional Uranium Mining Claims in Northern Quebec

Market Wire "US Press Releases "

NEW YORK, NY -- (MARKET WIRE) -- 02/02/07 -- Globex, Inc. (PINKSHEETS: GLXI) today announced that it plans to acquire additional uranium mining claims in Northern Quebec, Canada. This decision was made following a recent Board of Directors meeting. The Board resolved to focus the Company's efforts on intensifying its acquisition program of uranium mining claims in the Ungava Bay region, North of Quebec. The decision was based on the significant increase of interest in the Company displayed by current and prospective investors, upon the finalization of its acquisition of 222 Uranium Mining Claims. In particular, the investors expressed approval in Globex's new corporate strategy and demonstrated a willingness to provide financial support to the Company in its goal to become an important player in the mineral exploration and development industry.

For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy@umining.com.

how many times does this stock have to bounce off of 3 to confirm support? geeeze louise....

as traders/investors want to buy shares - the buying pressure causes a supply problem for market makers and they are forced to raise the bid/ask to entice selling so they can fill the orders. If people aren't willing to sell - they have to keep raisng the price. Supply/demand. Since this stock is wrapped so thight - insiders own most of the o/s - it only takes a small amount of buying pressure to "pop" it.

seems to be basing in this area. It's sitting at support.

Globex, Inc. Announces Progress in Negotiations to Secure Financing for Ethanol Permits in Brazil 12/06

Globex, Inc. (PINKSHEETS: GLXI) today announced that it is in advanced negotiations with two parties to secure financing for the acquisition of ethanol permits in Brazil. These two parties were selected by Globex from the several businesses and individuals that expressed an interest in assisting the Company to finance this project. Upon the signing of these financing contracts, Globex will proceed to sign a Memorandum of Understanding with respect to the purchase of these permits.

As disclosed on November 13, Globex is in negotiations with five Brazilian Private Organizations to acquire national ethanol permits. These organizations were selected by Globex from the numerous interested businesses and individuals that approached the Company. The organizations range from parties with a vested interest in converting biomass into energy to large-scale industrial corporations with a mandate to invest in high-technology companies with high rates of growth.

These permits will allow Globex to construct an ethanol plant in Brazil. Globex's plans, which are to build an ethanol plant that will employ its proprietary supercritical fluid (SCF) pre-treatment technology and produce ethanol by using residues from crops, wood chips, and pulp and paper, have been received favourably by the Brazilian organizations.

About Globex, Inc.

The mission of Globex, Inc. is to develop conversion technologies and methods related to the production of alternative 'green' energy. Our objectives are to become an important player in the high-growth ethanol industry and, in turn, establish a strong position in the green energy industry. Globex's goal is to capitalize on the rapid rise in the demand for ethanol that is being driven by the energy bill passed by the US Congress last year, which mandates the use of ethanol as a fuel additive rather than MBTE in order to reduce greenhouse gas emissions. In particular, the bill requires an increase in ethanol use by refiners to 7.5 billion gallons by 2012, which is nearly double the current total of about 4 billion gallons per year.

For more information please contact Michel Benoit at (514) 288-8494 or via e-mail at Globexenergy@sympatico.ca.

nice head fake by market makers this am with that 100 share trade at 7.0 - dont give them your shares - ethanol news expected from brazil.