By Michael Ashbaugh, MarketWatch Last Update: 10:39 AM ET Nov. 22, 2005 http://tinyurl.com/89aph
Company Symbol Mon Close Support Resistance GlobeTel Communications GTE $2.45 $2.20 $2.50
GlobeTel Communications (GTE: news, chart, profile) is a small-cap telecom name positioned to rise.
Since clearing a four-month downtrend in mid-October, it has sustained the breakout, maintaining a tight range. Last week, it extended from that range on increased volume, positioning it to extend its gains.
From current levels, the risk/reward can be favorable by placing a strict stop just under the breakout point around $2.20.
Its just that it would be nice to get a few more shares for free by selling here and re-entering lower - IF it retraces as usual from each new resistance level.
21 Nov 2005 - SEE THAT GTE "HAMMER" CANDLE TODAY ? huh ?? POST # 7388 @ I HUB GTE TA BOARD (GTE) http://tinyurl.com/bfat4
Posted by: mide In reply to: lowtrade who wrote msg# 7390 Date:11/21/2005 4:39:36 PM Post # 7397 @ Rocky's GTE TA I-Hub brd
well let's see how this formula is shaping up..
1). We have doubling of institutional holdings to 6% with quality buy ins..Barclays...et.al.
2) We have a short increase position by 7%.
3). We have a VERY strong head and shoulder's bottom formation on the daily about to be confirmed twice with close over 2.50, with a projected target of 3.90 area.
4). We have organized covering going on daily with upside accumulation, OBV and CMF confirms.
5). We have weekly technicals indicating major room for upside.
6). We have fundamental news of 2 successful Strat up and downs untethered flights and recovery for the military with more demos wanted.
7). We have fundamental commercial flight of Strat near term that will tell all the details. (Promised by end of year.. within about 45 days or so).
8). We had decent financials.
9). Terrific managment team.
10). What's to OUCH! about???
I would say shorts may have lots to ouch about against a steady accumulation of quality institutional buying..
m -------------------------------------------------------------------
Posted by: mide In reply to: mide who wrote msg# 7397 Date:11/21/2005 5:18:52 PM Post # 7402 http://tinyurl.com/bjafe
A few more spec comments on why we aren't higher in price on all this good news...
1). Trade on AMEX
2). Under most yah yah retail radar screens. (Focused more on bb and Nas stocks)
3). Clearly institutional buying of quality is underway as evidence shows...and they want to buy as cheaply as possible.
a). They don't want the stock to run away from them.
1). They will do what ever it takes to meet plan of accumulation..short against themselves to cap runs, scare retail or traders to dump into them, and for sure want mass retail to NOT want to discover this too quickly before their appetite is fulfilled. End arounds, like this morning's openning trading under bid, will be the common indicator of their intentions...accumulate at all costs....raid stops...take no blood. Count on stale longs to fold on marginal price increases in the face of factually, fundamentally, unbelieveably sound news.
Their end game is, in huge part, to have enough inventory of shares at these prices to sell to the masses when they "discover" this stock and company...as they surely will on the path it is on...and reap huge profits.
'Tis all a game the big boys play well.
Question is...are you willing to play with 'em or not?
I am
m --------------------------------------------------------------------
Posted by: lowtrade In reply to: None Date:11/21/2005 6:34:35 PM Post #of 7448
mide & all As with last nights post this post is all BULL! Guessing, A Theory; but I though I'd continue the subject, so some could start thinking about what if. Not what is.
If what I think is happening happens, how would the stock PPs reaction be effected over time? Will a climb happen? Will caps continue to occur on positive events? Will manipulation create a dive? Is a takeover in the future? How will a take over effect the stock? Will management imbrace a take over? Where in the companies growth & business execution could this take place?
mide; The ouch was about 7% short increase shows the determination of my phantom deep pocket single short trader conspiracy theory being one step closer to being proven.
All; IMO shorts aren't loosing anything now. They are out, after the last PPs run. They covered from OTC 11 to Oct 24th, when deep pockets started replacing & added to their cover. From Oct 24 to Oct 31 new short positions were taken out, when one broker went naked, not being able to find enough shares to borrow, on one large new short order closed.
IMO We are up against one party, which has many ways to keep loses in line. Including never selling, until his goal is reached.
mide; Every thing you posted is correct IMO. The problem is the shorter, GTE is up against, could buy & sell GTE many times. Thus the stock could see many un called for short caps in this fight. It's the fact that there is a fight, that worries me. And who we are fighting, and why he is fighting.
The company improvements could create larger manipulation instead of less. Just think what options deep pockets has. If things got to bad for him, couldn't he buy in large, loan those shares to his friendly broker, end naked position and continue the fight? We could see a good company with a bad stock for a long time.
My conspiracy theory mind could come up with 10 ways to get what I wanted. The thing is what is wanted? Kill the company, doubt that. If there was a less expensive way to run my existing communications business, I would want it around. But I would want to control it. How would I want to control it is the question. IMO
I could buy the company with PPs as low as possible, maybe. Or just own the lions share of the float, cheap as possible. All theories that would call for problems with the stock, not the company.
IMO this chart shows what I was posting about. Retail shorts got out, as a smart short trader would. And deep pockets jumped in big, to make up the change. Also creating his friendly broker to go naked. IMO
Q: IS "LOWTRADE"'S HYPOTHESIZED LONE DEEP POCKET SHORT - - - RUPERT MURDOCK ? huh ???
Posted by: dinotori In reply to: lowtrade who wrote msg# 7404 Date:11/21/2005 6:48:48 PM Post # 7406 http://tinyurl.com/cut3r
My best guess our shorter is Rupert. I spent alot of time today reading many of his speeches and I think our strat could make him lose alot of money. He worries about his newspapers losing many people because of people getting the news on the web. Just wait until there is wireless web no matter where you go. You don`t need newspapers, what a waste of trees. Billions of dollars in adds down the drain. I think this guy has alot to lose, more than anyone else.
------------------------------------------------------------------- Posted by: dinotori In reply to: None Date:11/21/2005 6:51:33 PM Post # 7407 http://tinyurl.com/7h5fp
Rupert's warning
: Rupert Murdoch gave an important speech -- and warning -- to the American Society of Newspaper Editors in Washington today, telling them that papers are whistling in their own graveyard and recommending some solutions, including even blogs:
Scarcely a day goes by without some claim that new technologies are fast writing newsprint's obituary. Yet, as an industry, most of us have been remarkably, unaccountably complacent. ____________________________________________________________________
Posted by: rtb_all_american In reply to: mide who wrote msg# 7411 Date:11/21/2005 7:43:38 PM Post # 7412
low,
The one point that stuck out to me on your theory was buying GTE for a lower price. If it was somebody who could buy GTE shorting it and losing money would actually save him/them millions buy being able to buy it at a lower price. 80 million OS shares, heck, if they could buy it for 10 rather than 20 would save them 800 million ___________________________________________________________________
Posted by: justfrank In reply to: dinotori who wrote msg# 7406 Date:11/21/2005 8:08:09 PM Post # 7414
Murdoch has a net worth of $5.3 billion. I think if GTE was that big of threat to him and his media empire he wouldn't worry about shorting $9 million in stock. Pretty sure he'd have the resources to turn this threat into his weapon and smart enough to do so with out playing a game that could make it easier for a competitor to do the same. __________________________________________________________________
Posted by: ijeffrey In reply to: justfrank who wrote msg# 7414 Date:11/21/2005 8:17:24 PM Post # 7415
I agree, and although its a nice conspiracy theory, I don't think Murdoch looks at GTE as a threat. On the contrary, IMO he sees it as a rather useful technology. He is not in the satellite business, he just uses them. He is in the content business, and GTE tech would be much more efficient and cost effective than paying for satellites.
Also, if someone was trying to accumulate, isn't there a point where a large enough stake would have to be reported?
(YES, the threshold is 10% percent of the O/S) ____________________________________________________________________
Posted by: lowtrade In reply to: rtb_all_american who wrote msg# 7412 Date:11/21/2005 9:46:15 PM Post # 7422
'rtb_all_american'
Been my point since the POST article months ago. I think the game is keep the PPs as low as possible, until the Strat is a proven success. Not kill the stock or company! Let it grow, just not too much!
Once the technology is good to go, use it to improve existing internet business costs and own a good portion of the company.
Then a take over play costs much less. And spending 8/10/20 mill short to save 100 mill makes for good business. Also, if Stat fails, the 8/10/20 mill short is a good place to be! So what's to loose????
Keep thinking about this subject, check out what's being spent for England internet communications and where problem with that business is coming from. What is needed to push internet business into major next gen news outlet with blogs! 2 way communications, Per deep pockets!
Now think about how to know when to "do what the big guys do" to make big money in GTE. Find that sweet spot in time! Become an investor, not trader, well trader will be nice also.
IMO all this is positive LONG. And backs up my stand for swinging until you see results. Because IMO manipulation is the name of the game, until the spot is hit! I don't see a continuous climb, successful company stock, until all doubt is removed, with an operational platform. Then it's, eat the short loss and reap the cost savings take over PPs, One failure on the way, reap the short position profits and start again until complete failure, or success, same odds, same game!
IMO it's a win win for deep pockets. Mr Huff, and other insiders have millions of dollars worth of shares already. They can't lose going to work every day. It's just retail that needs to pay attention to what we do.
Learn what the big guys do and do the same. __________________________________________________________________
Posted by: Transat 5 In reply to: None Date:11/21/2005 11:18:51 PM Post # 7428
Dintori is well read into this,
The NY Post showed his hand.
Partly greed and aroggance on Ruperts part.
Yes his news media empire is very much under threat. Something he has built up for the last 3 decades
And yes he has a real interest in Sat TV. Direct TV and Sky are under threat.
He has also been 'rejected' by all his offspring ! They too dont like how he operates apparently. There is no heir (and no point in an 'empire'!?)
Now at some point he will pragmaticaly embrass the Strat. tech instead of fighting it IMO)
One problem which may have arisen is that Per Lindstrom (and Richard Branson) may become real competitors here. (See the awards today)
Who to back - who to short ?
(Get the DM Univ. connection ?)
A part off the puzzle is how the hydrogen regen. cells will be put into practise in Lindstroms blimp. Its a problem no one has yet succeded in perfecting. Phillips spent 30 years and a lot of cash failing on that one. Governments have spent even more time money and energy !
EU vs US ? JMO ____________________________________________________________________
Posted by: pitbull74 In reply to: None Date:11/22/2005 10:37:20 AM Post # 7432
well guys there's your answer? looks like a wall / range forming here at 2.40 - 2.47. big bids building from 2.40 - 2.45 and there's still some 50K+ sitting on 2.47 so for the long term play why not buy now? however if you are looking to trade this range you better have $100K to play with these guys here...pit ____________________________________________________________
Market Data 
Markets 
AI
