SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Ruby who wrote (2975)8/10/1999 8:45:00 AM
From: HubTech  Respond to of 6016
 
Ruby,

I enjoy your posts over on the IFM thread. So don't take this personally.

The people on this thread are very long GLE and are not interested in short term logistics which is why the animosity. Everyone is waiting very patiently for the big news.

I think the selling yesterday was due to someone(s) who could no longer afford to be patient. That will happen in this market. My stops got hit yesterday but I'll be looking to get back in as soon as it starts to turn up.

Your promoter friend may have pointed you to this stock for his/her own reasons but it is a real, great company with a lot of upside potential and in my opinion little downside (in the Long Term).

Read a little of the thread (forgive the occasional petty bickering) and you'll understand.

... HubTech



To: Ruby who wrote (2975)8/10/1999 8:53:00 AM
From: Scoobah  Read Replies (2) | Respond to of 6016
 
Ruby, the chart linked below shows the parabolic rise of GLE this year. It is foolish not to expect that there is a tremendous amount of profit taking from people who are long below 2, who now have 5 to 10 times their investment. People sell for many reasons, but they only buy for one.

Trying to make sense of it, or believing that technical analysis will help you find the floor is pointless in my opinion, until such time as the stock finds its fair value;

if someone would post the true shares outstanding on this, we'll give it another go.

best of luck

fin-info.com



To: Ruby who wrote (2975)8/10/1999 9:03:00 AM
From: blue_chip  Respond to of 6016
 
Ruby,
You seem to be making alot of wild statements about where you think the stock price of this company is going to go without knowing much about the company. Yoy posted yesterday that you werte new to the thread, two posts later you indicated others have been very helpful, my question, helpful to you how? You've been on the thread one day and haven't asked any questions? Do you have another posting ID? You reming me a bit of a past poster "John Paquette" but you lack a few of his tell tale signs. You seem to be pretty confident that the stock is going to be heading south, but again as stated, you don't seem to know anything about the company and the technology. I see no questions from you which indicate you want to learn either, instead you prefer to participate in other types of banter back and forth. Perhaps you'd like to enlighten us a bit as to who "phoned you friday" (or whenever you said that was) and told you to buy? If you were interested in acting on that tip, it doesn't seem like your posting represents much in terms of real diligence. If you are seriously interested in the company then sit on the sidelines and don't buy any of this stock, I'd rather see you do the diligence first. I am however, a little baffled by your price estimates, like I said, for someone so confident the stock is going south of the border you don't seem to know much about the company. I would more easily accept (not agree necessarily) with your opinion should you explain your where and how you derive your prediction, and demonstrate that you have an actual interest other than trying to scare whomever into thinking the stock is going to tank. Go ahead and try however, you may pick up a few cheap shares, but your not getting mine....hehe. Until such time as you wish to further explain your position and whatever knowledge or lack of it you have I shall look at your posts and throw them in the heap with Mr. Paquette's. If you have any relevant questions ask away, I'll do what I can to help you with answers or how to find them. If your looking for others on the thread to do all your diligence for you then I'd rather see you not invest in GLE. I can't honestly say that you have any interest in doing diligence on the company as you show more interest in predicting prices without any knowledge than actual learning.

When you show some real interest than perhaps you may find others willing to answer your questions, until then, in my books you will have no serious interest in the company other than perhaps shorting it or picking up some cheap shares, or perhaps some other alterior motives..........and yes, Ive read you SI posting history before I posted this.

If "we" dont move back to 9 today, sounds like a statement from someone who has been on this thread or has be involved in this stock than longer than he/ she indicates......if you have no interest or holdings in this stock how or why would you be concerned with the stock-price....... A spade is a spade bud, in this case however I'm more apt to think that however you pulled the joker.

Chip



To: Ruby who wrote (2975)8/10/1999 9:15:00 AM
From: Vitalsigns  Respond to of 6016
 
Margin calls? This stock is on 75% margin which means you
need 75% cash value to buy. At those levels ,most people who own them with cash only.
With the low volume on this stock ,it does not take much for the stock to get knocked down with a 25,000 share order.
But on the flip side ,try to buy that size order without affecting price. Keep an eye on Sprott and Midland ,they
have been the net buyers for many months and continue
to do so.
Also do the math on the Float size . I know there
are a number of people who hold over 10000 shares or more
and a whole bunch more who hold over 3000 -5000 .
On 20 mill shares you need 2000 people to hold 10000 shares
each , or 6600 people to hold 3000 each.
Now ,correct me if I am wrong , management and insiders hold
between 30 %, and institutions have been accumulating
since April so take out another 20%(at the minimum) for a total of 50% .
So now you can halve the number of people required to hold
the balance of those shares.
The result of this is a share that is tightly held on a low
float, a recipe for an explosive move up on any big news.
The preferred shares being converted to common shares of 2.4
million is not a big issue, we needed the liquidity.

And lastly do yourself a favor and contact the company
or look at their website ,you may learn a few things.
I think to short this stock are playing with fire . I short stocks and this one is off limit for me.

P.s I hope I didn't bore you with a few tidbits of info
but read the posts on this thread since April and you will
get a good feel for what is going on. There are MANY good
posters with excellent info.



To: Ruby who wrote (2975)8/10/1999 10:09:00 AM
From: EIGHT-N  Respond to of 6016
 
ruby, ruby, ruby, your a shorter, stupid of me not to realize it. rather than tell the truth about why your here, you shorted gle and now don't know whether to cover or not. take your profits, you did very well on the 5 shares you sold, now cover them and be gone.



To: Ruby who wrote (2975)8/10/1999 5:04:00 PM
From: Rockwell60  Read Replies (2) | Respond to of 6016
 
We all know that there are a few parties out there working to drive the prices down, possibly in collusion with each other. Unfortunately, this predatory practice only hurts the inexperienced investor who looks to visionary companies like GLE to return a profit over some time frame. Its sick and twisted, to bring down a company by playing on people's fears, but it's also a well entrenched practice that we all have to live with. Remember guys (and Ruby), I've spoken with the management and they are not aware of any change of operating conditions that would cause the stock price to fall. (Also remember that the cell works, we all know it works, and there's nothing the shorts can do to change that.) So, the price drop we're witnessing is merely the result of manipulation. Hang tough, guys. There's no need to sell to anyone today.