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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 45.17-2.3%Jan 30 9:30 AM EST

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To: Stock Watcher who wrote (639)1/25/1999 8:49:00 PM
From: RCJIII  Read Replies (1) of 52051
 
GMTI is ready to rock. Convertible debt overhang that has been keeping the stock unreasonably low for the last several months is now exhausted. Their first ever profitable earnings report is due soon. An acquisition is due to close any day. The largest ever short position for the company accrued last month.

Add to these factors that the last time this stock moved up, it went from .80 to $4 in a day or so. It is prone to spike.

Keep an eye on it tomorrow, I expect a jump similar to today's.

RCJIII
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