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Mind me asking where did you hear this "rumor"?
Rock,
Seriously, no explanation of quitting? I hope you'd at least give us on the board to have a chance to change your mind. In the event that the decision is final. I wish you all the best and pray for your continual contribution to the board as a member.
Are we still at the bottom? or a retraction is expected for the next little while again?
At this point, I just want to know, is there anything FUNDAMENTALLY wrong with this company that I am not aware of that is dragging the price down? If not, I'll continue to stay long and maybe try to bring my average down a bit more at this insane PPS.
No comments on the prices and volume today? What's going on to the board these 2 days?
There is no volume nor price fluctuation today. Does this mean anything? Good time to jump in and stock up? or silence before the storm... be it for good or bad.
Grn356,
Sorry that I didn't reply to your msg as I didn't think about it addressed to me because I didn't see my name. :p
Although I agree on your opinions about no major ups until a good PR or a successful launch. I'd be VERY worried if they're indeed selling shares to pay for the "everyday living" that you've mentioned. I think they should have had all expenses planned out long before, rather then by selling their shares to raise cash.
Tech,
Thanks for the reply. I sure hope to see 5+ soon. :) Maybe not soon but at least a flat and stable healthy increase would be nice.
Ok, I consider myself a med-long term investor in GTE, meaning that I don't mind putting this money aside for 1-3 yrs so I'm not in a panic to sell. HOWEVER, can someone PLEASE explain to me, without any news (no news is good news? or at least nothing WRONG is happening), why is GTE going south by such magnitude? This is not a few percentage drop... this is like... 40% drop since AMEX? WHY WHY WHY? Is there something that's happening and I don't know?
What the heck is going on? My investment is down 26+ %.
:'(
Fidelity will charge $5k commission on you? gosh... how many shares do you own? 1M?
Does anyone have a list of companies that's switched from OTCBB to AMEX before? I'd like to take a look at how they performed during the first few days/weeks of the transfer.
TIA.
Wolfrun, bushwacker, and Rock:
Thanks so much for the information provided and lesson taught. I know I should have spent more time on my DD. No excuse on my part. I'll do some reading off wolfrun's URL provided.
Thanks again! BR.
I'm sorry, what is MM? If it's market maker, aren't they the trading companies that participate in the particular market/index? If that's the case, why would they be manipulating stocks? e.g. shorting, blah blah blah.
Please excuse my ignorance.
Why are there so many big sells of 150k+ shares? is that a support sign or a dumping sign?
Someone please enlighten me.
Rock,
Thanks for the reply. I wish I could be like you too. However,I'm still in school at almost 30. :'(
I'm sorry, a bit confused here.
Rock, are you an employee of GTEL? Or, who's this CEO that you're talking about? Excuse me for my ignorance, I am just wondering how can someone spend so much time researching about this Co. as moderator for a public board (I-hub). No offence, I really appreciate all the information released here. I just want to know who is who and how does this i-hub thing really work.
TIA.
With Q1 report coming out next Monday. Can someone enlighten me what kind of effect are we expecting to see on the stock price?
Is the price right now 'high' because people are expecting a much improved revenue report, and if it falls short on Monday then stock price's gonna drop big time? I really don't know what I'm talking about, why don't you guys enlighten me. :D
TIA.
Just like to say HI to all of you in this board. I'm a late comer of GTEL having invested in the low 0.23's. :( However, hopefully this thing can turn into my house downpayment. =)