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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 57.61+14.0%Nov 10 3:59 PM EST

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To: mts362 who wrote (10689)3/9/2000 5:34:00 PM
From: Maurice Winn  Read Replies (2) of 29987
 
Um, I think I think, and have the same idea - I'm holding, but expect a lower price. I'm not selling to avoid capital gains taxes [since I bought really low]. Also, I wouldn't want to sell and miss a big runup, or even a small one. While I expect a lower price, it might well not happen.

But as you say, it does seem odd in most circumstances to hold if you think it's heading down so much! Maybe they are trying to 'talk it down' rather than short it? Or maybe AFTER shorting it. Maybe they have clients who have shorted it and they want one lot of their customers to hold, while the others buy in cheap from others....??

Now I think I've confused myself.

Thinking,
Maurice
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