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Technology Stocks : Global Crossing - GX (formerly GBLX)

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To: changedmyname who wrote (13399)8/17/2001 10:07:24 AM
From: Sir Francis Drake  Read Replies (2) of 15615
 
Hey, are you using my "nail in the coffin" phrase? And I thought I patented it, LOL! Seriously - don't you find it obvious that this news must have leaked out earlier and this accounts for GX's disproportionate stock decline recently? Looks like the smart thing to do is follow the trend, rather than some the "buy and hold" mantra in such cases. Those who "held and held" will have a mighty long time to wait before any kind of reward... which is in question anyhow. And yes, I keep thinking about all those insider sales. Never a good sign, when insiders sell like there is no tomorrow AFTER the stock has already declined by 80%. Sad.

Morgan
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