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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Jim Parkinson who wrote (7946)10/21/1999 5:03:00 PM
From: Sawtooth  Respond to of 29986
 
<<Liked today's last minute move and wonder why.>>

Jim: I continue to be rather mystified by the apparent lack of tight correlation between G* and LOR. G* closes up ~4% on the days high; Lor closes down ~4% on the days low. Almost seems as if a certain bucket of money sloshes back and forth between the two; except that the days when Lor is up and G* is down are becoming fewer and farther between (so much for the theory unless it has another angle to it!). At least I have a little consolation in the fact that I have some of each; although I am growing a little weary of testing what the word "patience" means to me from an investing perspective. ...Tim