World Surveillance Group Inc (fka WSGI)

[followinsnsr]

Sell on good news and buy on bad news is the common strategy of Wall Street. The shareholders meeting was the good news that would put smiles on everyone's faces. After 28 positive trades on Gte,
I sold at my first loss last week, which was on the good news. Strat seems to be downplayed and Hotzone Wireless according to Dumas remarks is the key now. Do you realize how much it will cost per subscriber (check Comcast, Vonage, Sirius Satellite, Verizon etc,) ? Most people bought because of the Strat, my sentiment is there is lost interest in this company. The stock traded at $3.35 on June 3, 2005 before Hotzone was acquired on June 6, 2005, so investors didn't buy this company for Hotzone Wireless. The PPS is reflecting the sentiment on Wall Street right now. With no news one can expect it to only go lower, it's all in the hype.
IMO
GLTA