Globalstar Telecommunications Limited GSAT Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.75

-0.5%

Nov 28 12:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sawtooth who wrote (7746)	10/6/1999 1:10:00 PM
From: John Stichnoth	Read Replies (1) of 29987

Tim and CMon--One of the good things that an analyst can do, but doesn't always, is remove buy recommendations when a stock reaches an appropriate price. A stock moving up in the absence of other information should be downgraded. The key factor for G* is the other information, imo. The stock has moved up, but the risk surrounding the stock seems to be going down. Bernie has bought more shares in the open market; positive press releases (orchestrated, of course for Geneva); a widening belief that the market does exist. All positive and factors that should rationally drive the price up. So, Unterberg probably is wrong in lowering the recommendation instead of raising price targets. (I think! :o)). Best, JS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next