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 50.53

+4.7%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kranmantazzz who wrote (23004)	4/13/2001 7:14:32 AM
From: rhkohnen	Read Replies (1) of 29986

FWIW, Still have mine. I have been watching LTV Steel who declared bankruptcy un Dec 2000. Their share price was about $.20 just before they declared. It went down as low as $0.031 and is currently at $125. Here it is 5 months later and they are still putting their reorg plan together. This is the second time that LTV has declared BK. The first time, the stock rose to $8. The point these things take time. The price does not go to zero and there is recovery after the reorganization. Chrysler did the same thing and appreciated about 100 times from their low. Now LTV is a different business than GX, and I expect that once they get MOUs up, the value is going to be far greater than it currently is. FWIW Best regards Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next