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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 63.10-6.6%11:10 AM EST

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To: Maurice Winn who wrote (21167)1/16/2001 3:00:11 PM
From: Geoff Goodfellow  Read Replies (1) of 29987
 
Globalstar thought their high-priced strategy was a good idea. It was not. I thought they would fail, but that being walking, talking, reasonably intelligent people, they would recognize their failure and change their ideas to make the system succeed.

Generally in the stock market game it's a good idea to not to buy when you think they will fail, or SELL if you own a stock and change your mind to think they will fail sometime after you thought they were gonna succeed. or, better yet SELL SHORT (as i did) and profit from their coming failure. then, when you recognize them doing things that give you warm fuzzies of pending future success, then you BUY....
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