Replies to post #77082 on World Surveillance Group Inc (fka WSGI)

[miguellara]

And it can and will go higher. This contract wasn't made to make the company go down it was made to make the company go up. No mas cables and hotzone and the strat we shall soon see.
What amazes me is nobody is talking about the sec investigation anymore it seems like it shall soon be coming to a end.

[SAMdashada]

"GTEM.PK never has had a meaningful Institutional base"

That is true. If one takes the time to check you will find that the "Institutional holdings" of this company have always, with justification, been sparse and most of the time those institutions who "chose" to hold shares were of questionable value/stature.

The primary reason that the number of institutions holding shares in this company increased so drastically was that, due to the infamous "Reverse Split", the share value increased to a point where it, the company, was listed on one of the indexes. Many institutions have no choice but to purchase shares of companys listed on these indexes.

For the most part institutions did not "choose" to purchase shares of GTE/GTEM but rather, were forced to do so.

I believe that the so called institutional holdings of this company have fallen to less than a paltry 2% and those institutions still holding/stuck with shares are probably on a list of institutions that no one has ever heard of.

[nerd86]

scion I'm suggesting the market almost never gets valuation right. The number of companies going private and buying back their stock is open proof of that. The number of brokers and MMs being prosecuted for manipulation, more proof. If the market were free of manipulation it would probably still get valuation wrong as it is driven by people that buy and sell based upon emotion, but it probably woud be closer to the value of the company. To equate the share price to the value of the company is is gross insanity. The two are marginally related but almost never right.