World Surveillance Group Inc (fka WSGI)

[lowtrade]

william2112

IMO pennyland is under a dollar, but can use otc:bb interchangeable.

Better yet M&M land, would be the most fitting.

I dought I'll be posting much here in the future as techbear (in post #235) requested the board stick to GTEL TA only and I've just about said all there is to GTEL and TA. Don't relate !, after over a year I've not been able to find one time the PPs went where the TA showed movement.

I as a trader feel one should have at least 4 or more stocks in their portfolio with one OTC:BB included. For non OTC:BB stocks I use TA for entry/exit points, after complete DD being used to choose that stock.

In Otc:bb land I swing PPs spread patterns/momentum plays (channeling), and have never gone long, until Gtel. To go long on a penny you have to BELIEVE !!! Believe in management, the business plan and the fact that goals have been reached in the companies history.

I think I've made my Gtel TA point with the AUG & recent chart evals, The PPs doesn't go where the indicators predict.

Maybe one should invent a new form of analysis for these stocks called MMA, Market Maker Analysis. Where one can justify PPs moves on where M&Ms can reach their goals, not where PPs has been.

My MMA call on Gtel right now, would be, the PPs will continue to walk down, until the next strong PR. Expect the ADV (average daily volume) to stay between 5 to 15 mill a day and PPs to lower 1 to 3% per day, until the next run, 3 to 5% if Gtel files for an extension tomorrow. Run may produce 15% as of today.

If the next news is weak or bad, expect PPs to tighten and volumes to lower, after the mini down tic 10%. This will strengthen MMs positions, by chasing daytraders,swingtraders and newbees away, allowing M&Ms more time to strengthen.

Other wise the breakout can produce 15 to 30% depending on the strength of news.

Success to all. I expect .35 after Q4 2004, .45 after successful strat test, .55 after GTEL has an EPS, $1 after exchange move and over $2 when 1st commercial strat is up. If things happen positively, in this order. IMO if Gtel moves to a new exchange before profits, expect wild moves, all bets off, because momentum will fling PPs wildly with a company on the American exchange without profits. The core business has to be in order to justify $1.IMO