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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 37.63+9.2%Jan 2 9:30 AM EST

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To: RCJIII who wrote (603)1/26/1999 2:41:00 AM
From: Stock Watcher   of 52051
 
RCJ; on GMTI; if Monday was a short squeeze, I pity the shorts; UP 100% @ $1.00 + .50 on trading volume of 638K shares/OTC company.

Tire-recycling operations and other related businesses.

52 wk. range: .25 - 4.50/for quarter ending 9/98 net sales were up 63% to 5M vs. 3M in 97' for same period/company reported a net loss last week of 2.3M or (-.37) per share vs. 1.2M or (-.67) in 97'/earnings report was released on 1/14/99.

As soon as any more news is released, please let us know...I agree with you: a short squeeze would account for the heavy volume and huge percentage increase.....amazing....regards, sw
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