FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

*Sk, I still follow GTEL, I think it's due for a sizeable decline, the story is great and all, but they've recently registered a good 100 million+ shares, see the recently filed S-8 and SB-2... looking at the technicals and given such a registration, I don't expect the issue to sustain current prices.

Extremely strong support is around .14 on the chart... the way the chart is set up suggests a break of .20 would send GTEL into a quick panic... draw a trendline across the past 3 tops, nice triple-top (IMO)... if .20 falls, GTEL might be in trouble given the type of volume GTEL has 'sucked' in above .20... suddenly a lot of bagholders would be stuck at prices above .20 in a potentially depressed market where a company has issued millions of shares bringing the count to possibly over a billion at this point in outstanding shares...