*SK, regarding *GTEL, I really think that someone is selling or has sold shares into that recent strength and new high. I remember when I first played this stock way long ago, that a group of promoters showed up on its message board, and they were rather a strange group... this was just before it began to run big a year and a half back. Even some guy who later on I found out might've been connected to Sanswire (well before GlobeTel even got involved with them). The way they said stuff was almost grounds for an SEC investigation.
In other words, this stock has a group of highly skilled promoters behind it. Just look at what the stock has done in the midst of the company registering millions and millions of new shares and going over a billion shares outstanding. I really think someone is cashing out at each of these highs into the strength, that's one reason I'm very skeptical of this stock + its fundamentals are horrible. I realize it has tremendous potential as far as quick growth goes, but even then it looks fully-priced into the stock, I don't think it's worthy of even thinking about a (technical) buy until the slow stochastics is down near rock-bottom and the RSI(14) is under 30. But then again, I'm giving this stock strict guidelines... but to my defense, there's a million other stocks on the markets...
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