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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT
GSAT 62.88-0.5%Nov 14 9:30 AM EST

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To: Maurice Winn who wrote (26991)5/11/2009 12:22:30 AM
From: pcstel  Read Replies (1) of 29987
 
Bernie Madoff fried $50 billion, Bernie Schwartz fried only a few $billion.

Don't tell me Maurice. You got Bernie'd by the pair?

The writing was on the wall then.

I believe Iridium was already Bankrupt by that point in time.

It brings back that old saying.

If it looks like a Duck,
If it sounds like a Duck,
If it smells like a Duck,
Then it is probably a Duck.

One Highly leveraged MSS provider goes BK, and some thought that doesn't doom the entire industry??? No matter how you tried to disguise it. It was still a Duck.

And so it goes,
PCSTEL
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