InvestorsHub Logo
Followers 27
Posts 4687
Boards Moderated 0
Alias Born 04/30/2005

Re: gateway post# 15801

Sunday, 07/01/2007 11:18:35 AM

Sunday, July 01, 2007 11:18:35 AM

Post# of 42636
As I previously stated, I hope and believe that Jaime and Bill returning to Zurich signals a major financing contract is in the works. The huge volume on Thurs. looks to me to be a part of the package as the lenders or investment bankers often seek cheap public shares as their pound of flesh. Hard to believe there was a seller of 20 million shares at .007 to accomodate the buyer. Duh. I believe these shares came out of treasury. If you were lucky and smart enough to pick up 2 million at that level you were not bagged. This week will make the picture clearer one way or another. I don't get level 2 but my guess is that glbt will disappear from the sell side and the asked will be harder to fill without an upmove.Ignore the wiseasses who probably have non position and will make the same assinine comments that have become a fixture on this board. You gotta be in it to win it. Money talks and you know what walks to add to the cliches. My feeling is that the stock is a strong buy now. A gap opening monday will not be a surprise although tempered by a holiday low volume week when many traders will be away and sleeping at the switch.