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starboy

05/02/05 8:54 PM

#1570 RE: lowtrade #1569

lowtrade, IMO the trading in this narrow of a channel shows that there is not all that much new money/investors coming in as of late; especially as indicated with this recent volume drop off. I'm guessing that those with the big bucks who love GTEL's long term chances are still accumulating as low as PPs as possible, and, some out there with huge numbers of shares to play with are selling some to play other interests at this time.
The plus side for the 'holders' is that the huge drop after the last delay of the Strat test didn't sink us below .20, or to the teens, to test even lower resistance levels.