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

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To: Stephen O who wrote (2125)6/1/1999 9:17:00 AM
From: Michel Houle  Read Replies (1) of 6016
 
I wouldn't touch it! And for me, it is not even a question of choosing between one or the other.

Fundamentally, yesterday's news didn't justify the sudden jump. I think the stock is overly responsive, because investors are nervous.

Earlier, somebody was giving this stock a 50/50 chance of hitting the jackpot. If I had thought it was that high, I would have stayed invested (I am possibly less adverse to risk than this poster). But I personally value this probability much more lower and I bet (or don't) accordingly.

I don't think it will become black or white overnight, but will most likely stay gray (sometimes dark gray, sometimes light gray) for some time. In a sense, that uncertainty gives support to the brave stock holders. And actually, if this could be of some comfort, I don't think the company would come out and shout "BLACK" (they are wiser than that!). For this reason, I would think that if the stock has to go south, it would feel more like a slide ride than a bungee jump.

Ok, enough rambling for now. Good luck to all,

mh
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