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Microcap & Penny Stocks : GLTI (Global TeleMedia International Inc.)-fomerly GTMI

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To: Stu who wrote (247)10/30/1998 9:57:00 AM
From: jebj  Read Replies (1) of 613
 
First part of next week should be real interesting, Stu.

What has been positive is for the first time in a long time the price has held and the MM's appear to try to push it up everytime they get several buys in a row.

And I agree - someone knows something.

Ref. the small volume on some days, would appear that the only people in the stock right now are those that are in for the longterm and do not trade. Might take some higher prices to get them to sell and get the traders back in.

The company has announced some serious LT's - the Russian deal will immediately take it to a billion dollar company and Dr. Barretts Ultra Pluse will take it right into the middle of the cutting edge high tech telecom industry. One would assume all of these would be taged to some serious financing.

From what has been happening of late, IMO we could see a PR ref the financing very shortly.

jb
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