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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Ulster1 who wrote (2751)7/22/1999 10:25:00 PM
From: DuckMucker  Read Replies (3) | Respond to of 6016
 
U1, you have to remember that the market was *&%$ today. The relative strength of GLE was pretty impressive. I disagree that the big boys are positioned in the stock already. I would guess that less than five mutual funds and other large institutional investors have stock. What do you think is going to happen when a BIG player tells his/ her trader to pick up a million shares of GlobleTE. It will happen. What's a 10 or 20 million dollar CANADIAN home run shot to a large mutual fund? No fund manager will want to answer the question "why didn't you own any GlobalTE" I think what they are waiting for is a deal with a major company so that even if the stock does eventually tank that can at least cover their ass by saying "look, XYZ inc. invested 200 million".