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Alias Born 11/10/2004

Re: None

Tuesday, 05/24/2005 5:19:56 PM

Tuesday, May 24, 2005 5:19:56 PM

Post# of 44374
About 5% of trades today were over $10k, with several over $40K. In the $3.88 - $3.90 range. Less than 1% yesterday.

Still plenty penny player trades ( 100 - 200 ), but investor size trades increasing.

Seems the run/retrace for the move to the American exchange is more than I expected it would be, so far. Then again, I didn't expect over +5% gain the first day. Did expect 5% by the second. Here we are at 6%, oh well! LOL

I expected over $4 end of the first week, up 12%. Then a 8 % retrace to $3.70. Without a PR.

I can't understand the penny player trades! At all. What can someone expect to make on $390 ? If they were adding on or accumulating, still makes no sence. You shouldn't put your last pennys into a long position.

Hopefully the penny players will dissapear slowly, as the investors come on, to keep EOD volumes within the 1/2 million share range.

All and all I think most that moved, with the exchange move, have a short wait before we reach the break even point and move to profits the second half of the year.

I'd like to stress my post last night about the core business. More investors should pay attention to it. I'm sure institutions will only be investing in it, not on the spec. Strat play. Those will come after the thing is flying, not before.

But as I've been saying for 2 years, it's all good with Globe Tel. I am concerned what will happen to GlobeTel's PPs if the thing doesn't fly the 1st try. Could present a great long buying opp and maybe some should wish for a half successful test, late this summer. LOL

The company core business execution should carry us through any thing like that, if it happens. I'm loven the business plan and execution and am starting to look at GlobeTel for my old age income! I see new cell phone applications, to drive margins for GlobeTel, as a service company for them. The writting is not only on the wall, but at the trade shows today!




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