gte would have to release some pretty damn bad news to create a near 50% drop from here.
HMMM....I would think another strat delay would do that. That would be a third one btw. Leight Colman, President of Globetel said end of Semptember. That's out the window already. Tim Huff, Ceo said end of the year. I am unsure why there are inconsistant staments among executive level manamgent. Aren't they working side by side ?!!!! Think about that for a sec now.
there is absolutely not any bit of ta or charting that would signify your current claim
Last time i checked Pit this was TA and as far as Forbes and many others are concerned this site is best. Like i said. One week downtrend is sideways/neutral for now which means nothing until intermediat or long term trend is broken. So far it has not. Intermediate and long term trend is Descending tripple bottom breakdown with price objective/reversal at $1.00. It's the current data and not MY claim but stocharts TA. http://stockcharts.com/def/servlet/SC.pnf?chart=GTE,PHTADANRBO[PA][D][F1!3!!!2!20]&pref=G
HERE IS SOME MORE DATA for those of you that claim i offer no TA or data. You post your opinions without data while i post my opinions which i back up with data. You be the judge of the data.
TARGET 1 Price: 0.98 Profit: 31% , for a typical pullback. Cover Limit/Trailing Cover Limit: 1.54 Loss: 8.5% Profit/Loss Ratio: 3.6 : 1 - Good
TARGET 1 POTENTIAL Excellent, there are 1 support areas on the way to Target 1. Stocks may quickly fall to Targets when there are not many support areas blocking the way.
TARGET 1 SUPPORT -12.7% at 1.24 ± 0.07, type single, strength 5 -31% at 0.98 is Target 1
TARGET 2 Price: 0.82 Profit: 42.3% , Profit/Loss Ratio: 5 : 1 - Excellent for an extreme pullback.
BREAKDOWN None.
And as Jack always says: "You can't handle the truth! Son"
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