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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE)

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To: John Paquet who wrote (606)4/17/1999 3:45:00 PM
From: keith massey  Read Replies (1) of 6016
 
but short term [depending how long is short term }is very bearish

I would tend to disagree with this statement. The insiders hold 38% of the stock and the warrents are not free trading yet. This gives us a free float of 10 million shares. 7.2 million shares trades hands yesterday or 72% of the free float all at prices higher than $9 and a big chunk of them above $11. When the general retail public gets this news this weekend they are going to want in. Who is going to sell them shares? The insiders would be shoot in the street if they dumped now and there are no cheap shares from warrents. I am not letting any of my shares go for under $15-17 and I am fairly sure a lot of people holding feel the same way. We will find out who is right on Monday.

Best Regards
KEITH
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