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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Souze who wrote (15970)6/22/1999 1:49:00 PM
From: Ira Player  Read Replies (1) | Respond to of 43080
 
Sorry the late comment.

GSTRF will probably remain in a tight range, except at launch times, due to the continued pressure from the Iridium.

The entire model of this aspect of of telephony is in question. Additionally, Iridium is in price meltdowm. Therefore, profitability for all players will be impacted.

I'm playing GSTRF as a daytrade, buying at or near 17, getting out and/or shorting above 17 1/2 to 3/4.

Modify this for launch days.

Ira