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Sanswired

05/05/05 11:16 PM

#1692 RE: willsimon #1691

Willsimon,

This is the way I look at it. I beleive in this company especially after what I personally saw in San Bernadino. My only problem is that I didn't get in until .15 back in Jan 05. Since then I have used the lowering of the pps as a buying opportunity so that I can accumilate as many shares as possible.

Alot of the people that I know, have this stock but they also like to daytrade with it. It has actually worked out pretty well for them, however it's all in what you want to do with it. If you think you can sell shares at a certain price and then buy more at the lower, then by all means give it a shot. That's what this board is for.

But if you beleive like I do... Buy as much as you can at these prices. I am hoping to eventually own about half a million of Gtel shares because I don't want to have to work my whole life. I have waited a long time for a stock like this to reveal itself, and I for one don't think an opportunity like this should be gambled with.

JMHO,

Test
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lowtrade

05/05/05 11:49 PM

#1696 RE: willsimon #1691

willsimon

IMO Periods of low volume, no trend, and tight PPs spreads are periods of accumulation, with all stocks. Who ? Probably everyone that can, other then day traders, who are gone, but a stock that once made them good money, stays on their watch list for a couple weeks, just in case.

So who is selling, if everyone wants to accumulate? I have no idea, but a guess, of what happens.

Not day traders, they place large block orders, which are gone with them.

Small Spec. traders, average trade size 10k with a .01 or .005 spread is for $50 to $100 expected profits. Should be small players trying to earn spending money or supplement their income. The guys that can't afford to lose, but have not learned the game in penny land yet! Plenty out there. Sitting at the computer each day, with their finger on the mouse, waiting to panic or get excited!

MMs are in business every day, no volume = no fees, no rev's. They have to trade their inventory to stay in business. I also feel their way to accumulate during these times is SLOW gradual walking the PPs down, until the small spec player looses as much as MMs can get.

As the MMs collect small daily amounts of shares, the losing spec players disappear and the volume gets smaller and smaller, until there is no one left to take their shares.

Next is a small pop, from MMs selling some of the accumulated share for higher PPs, to draw attention back, or a run, because of a company happening. Where the game starts over again.

Longs, I can't think of a reason any long would sell.
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starboy

05/05/05 11:51 PM

#1697 RE: willsimon #1691

willsimon OT; I agree with Testsite1 that if you got in that cheap, that to hold is wisest. Why? Because the GTEL core business alone is enough to move the PPs eventually as outreach & growth of their programs continue. They eliminated the VoiP buffer delay & that was a nice development for interested users of their service. A lot of us here got in late, some in the teens, & as the word got around about the Strat's, in the twenty cent & even thirty cent range. I put in too much working capital buying twice close to its highs; got spooked at 21.3, & sold half to preserve capital in case of a further drop below the .20 resistance level. I've said it before, new technology leads the future of certain companys & certainly GTEL is one. Muriel (Serious1) may have got quoted by Reuters & he chose not to use mine after he wrote it down, but here it is..."Offering highspeed broadband for computers & cellphones to the massess, globally, is like offering water to a man in the desert". Sell some if you want a profit, but hang on to see what the Strat test brings; with your hand on the trigger.