InvestorsHub Logo

mide

03/21/07 5:23 PM

#33698 RE: justfrank #33695

Frank. One of the most intelligent and thought out posts I have ever read here.

On the mark.

Kudos,

m

followinsnsr

03/21/07 5:42 PM

#33700 RE: justfrank #33695

A HALL OF FAME POST!

eqbeck

03/21/07 6:04 PM

#33704 RE: justfrank #33695

JF you've been real negative lately and I understand that based on how this stock has ignored the technicals.

Speaking from the long side,I tried technicals when I traded at $2.80 on the run to $4.20...bought for a week or 2 and got taken out that day a little below $4.
Tried again at $1.55 and got taken out.
Tried again at $1.00 and woosh again.

I just ignored .40 and figured it would play into the .25 range. Someone shorted on the Murch news and I was able to buy all I wanted under .26
I thought Murch was a good bet given his track record with the missile defense program....still do in fact.

personally I expect the anchor MM(UBSS) to try and manipulate the PPS to .35 .31 and .23 again, since they were crooks at Schwab and haven't changed(we are still on the SHO...again). I've expected it since the pps didn't move on recent good news and corrected(what a misnomer) so far down from the S2a float.

Charts work on large caps when market sentiment is honest or there is a large buyer in place using technicals, but news still has to burp them...I.E. CAT, COP....etc. You'll notice that USG and XOM don't follow charting, but then you have to factor in Bershire on USG and Exxon buying stock back and the news of the SPR increase, so even then news is the key on those also..

At this point the valuation for GTEM is just way too low. Anyone who shorts the M's (Murch and Joe) now is asking for their hair to be singed. The K's are a non issue, as is the BOD...just fodder for the darkside.
JMHO not gettin in a tizzy. glty