Lowtrade, thanks for your response...
I agree that a delisting will add fuel to the fire for already pending lawsuits, that will be a tough one to overcome. All your other bad points however can be debated.
I'm not trying to be an a-hole, just voicing a different view on what I think is an alternative secenario. This is going to end up being a very long post! LOL
I will comment on each of your "Bad" comments. Please don't take this as I am just a pumper trying to bash you. I am simply just giving you my thoughts, be they right or wrong.
#1: "Bad because of black mark for future moves to larger exchange"
My response: At this point and time,what larger exchange do you honestly feel GTE could move to? The Nasdaq and Dow have requirements that are well above what GTE has ever had in order to be listed on them. When was the last time you ever heard of the Amex exchange ever talked about by the cable networks or weekend business shows? What I am trying to say is that the AMEX is NOT a major exchange, for the most part it is ignored by Wall Street and any main stream analist. In other words the Amex is barely a step above the otc-bb, but it has more rules. Ultimately my point is, the only two exchanges that really matter, Nasdaq and Dow could care less whether or not a particular company came from the Amex or not. They just want to make sure that a company that is applying to be traded on their exchange meets their requirements, regardless of previous behaviour (SIRI is a perfect example). So I really don't see where being delisted from AMEX is a negative. If future growth of GTE meets the required paramaters that are required by the Dow or Nasdaq than GTE will be accepted based on their requirements. Honestly IMO, thats a long way away.
#2:"Bad because some institutional may have to leave"
My Response: The damage is already done, 6 mill plus shares traded Wednesday once trading restarted, any Institutions that were going to bail, already did.
#3: "Bad because you can't see a short play size"
My Response: Ok... You got me on that, But I will also add that I think there will be less pressure to short than on the Amex. Did you ever hear of Seth Jayson before we went to the so called "Big Exchange" IE; AMEX? At least when GTE was on the BB's prior to Amex the sp went up.
#3 "Bad because pipeline contracts may not be closed with what is though of as a failing company"
That makes sense as long as the company that is in a potential contract is watching GTE's sp on a daily basis. From experience,if one company thinks another company can help them make money, Share Price really does'nt come up in any of the negotiations as long as a signed contract is the end result. IMO..A delisting does not automatical make a failing company, unless the reason for delisting is caused by missed or unreported earnings.
OK if I try to continue to debate this point by point, I might not go to bed till tomorrow afternoon. So a quick synopsis is in order. So here it is.
Even if GTE gets delisted, I feel the delisting has already been priced in to the SP. As long as Mr. Huff has not outright lied to us, this company still has potential beyond most. Yes I'm a bagholder now and have no choice but to hold, but I would rather be a bagholder in a company that has the potential that GTE does, than one that does'nt. If the strat actually flies, than the world will change as we know, when it comes to telcom, ect.
Life is no fun without risk, so GTE is my risk at this time, and to answer your usual question, Yes GTE is Fun!!!
Forgive me for any Typo's , it is late!
AI
