Yet another indicator this stock is going down. Do you really think shorts would be entering a stock and company for that matter knowing that in few days company is to receive $150MM and next month test paradigm shifting stratospheric technology worth billions. Haaaaaaaa. They would have to be stupid. Is that how you see hedgis..as stupid. They win over individual investors all the time. It seems to me as history shows they won before strat test last year since it didn't happen. Good luck but it's not luck but only management execution or lack there off. That is why you see shorts entering and beating up on this stock. Send a email to Huff to execute on his plan and maybe you will get to $10 mark.
GTE $ 3.24 Globetel Communications Corp 0.29 Shares Short 5,367,848 Days to Cover (Short Ratio) 1.2 Short % of Float 7.56 % Short % Increase/Decrease 32.33 % Squeeze Ranking™ 9 Price % Change (52-wk) 101.15 % % from 52-Week HIGH ( 4.49 ) -38.58 % % from 200 DAY MA ( 2.27 ) 29.94 % % from 50 Day MA ( 3.39 ) -4.63 % % from 52-Week LOW ( 1.14 ) 64.81 % Shares Short -Prior Mo 4,056,442 Today's Trading Volume 4,033,800 Avg. Daily Volume 4,468,227 Today's Volume vs. Average 90.28 % Market Cap 261,475,391 Outstanding Shares 80,702,281 Float 71,000,000 % Held by Insiders % % Held by Institutions % EPS -0.33 PE Ratio Sector: Technology Industry: Long Distance Carriers SI Record Date 2006-Jan Exchange AMX
And as Jack always says: "You can't handle the truth! Son"
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