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Strategies & Market Trends : games trader group -- Ignore unavailable to you. Want to Upgrade?


To: John Paquet who wrote (13)9/17/1999 1:33:00 PM
From: John Paquet  Read Replies (1) | Respond to of 507
 
Now let's study GTR,

GTR has prepared a down move for a while now, it has penertrated that $4.40, 10c below that Y's underwriting price of $4.50 indicating every one who subscribed that Y underwriting has begun to lose money to say the least,

the main thing is the big picture of GTR which demonstrated its inability to move up at least to challenge that old hi of $6.10 level, it only went up to $5.20 for a trade lasted only less than a minutes than GTR died down, there is no up move momentum at all, indicating GTR is dead in the water now GTR is ready to move down to $3.90 day in and day out sooner rather later.

GTR is a must sell stock in order to protect working capital loss and use that capital to somewhere else as GTR is dead totally.

Unless Y could do another refinanicing, for the third time but I do not think it is possibe, two is enough.

John Paquet