InvestorsHub Logo
Followers 2
Posts 52
Boards Moderated 0
Alias Born 08/20/2004

Re: siriuslyricher post# 24956

Thursday, 05/04/2006 10:52:13 AM

Thursday, May 04, 2006 10:52:13 AM

Post# of 157299
"The pps started to slide on Friday" .........Started to slide to what? The pps had gone up for no apparent reason the previous day, now it was simply dropping back to the same price, on lower volume. Yes, it is a bogus lawsuit, but there's no comparison between some meritless lawsuit, and losing out on $600MM. Please! Again, the numbers are there if you want to look. On negative Russian news, GTE's pps dropped substantially on March 13. Until Monday, investors were biding their time waiting to see whether or not the deal would come to fruition. GTE can say all they want from here-on-out about POTENTIAL deals, but until something is finally for real, the market will continue to look at GlobeTel with a skeptical-eye. Anyone with an ounce of intelligence could see the lawsuit was a joke. To finally get news on the Russian deal was another matter, entirely...........I'm not much on conspiracy theories, but I do agree that there are certain agendas related to short selling that deserves attention. In that regard, the shareholder suit you drafted makes some good points. That said, I'd leave the legal maneuvering to GTE's attorneys. It can be frustrating to read things from people who are obviously not "friends" of GlobeTel, but if this damn company can walk-the-walk the rest of this year, all the critics will be silenced, and GTE shareholders will be smiling all the way to the bank. In the end, that's all that really matters.

Join the InvestorsHub Community

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.