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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: HW Bowman who wrote (4249)2/12/2000 12:27:00 PM
From: Theophile  Read Replies (3) | Respond to of 15615
 
DW Bowman, your points are properly focused, IMHO.

As though we have all the pertinent info, and we can sit in judgement about the technical aspects. Baloney!

What we can see is a phenomenal buildout. We can see some of the brightest men investing their careers into this company, and their interest is our interest. That by itself ought to be sufficient to allay any questions about performance meeting a small shareholder's standards of conduct......i.e. letting an HK rep run the China show...we do not know but if that is simply a figure head position or what.....and sit in judgement about it? Come on.....

Nobody mentions that 17% of GBLX float is shorted.....and then there is the statement that earnings will not be released prior to the 18th of Feb......and if all of a sudden GBLX price is now following the NAS, why not before? Why right now? We need a more consistent explanation......I do not have one, however that particular explanation is useless, IMO, shows very little creativity, kind of like "today the stock market reacted on interest rate concerns".....OH, OK, so that's why.........UhHuh....

How about delaying earnings until the morning of options to kick the shorts in the butt, they won't be able to cover quickly enough, their put options will be hanging over their heads like a guillotine, and they will stay away from shorting GBLX in the future.....17% is a whole lot of stock, even if it is only a couple days worth of trading, as in 'short ratio'...so, earnings are announced, and the Big Boys that can affect the stock price are busy affecting OTHER stock prices, due to the substantial involvement in other equities they need to monitor (i.e. MaxPain theory)
iqauto.com
so now they have to leave GBLX to rise during a short squeeze......on the day of options expiry...NOW, this is pure speculation, however this IS the sort of reasoning that can be considered creative, NO? And, I might add, this is the sort of hard ball I would expect of Gary Winnick, not trying to get his company's earnings statements "lost in the shuffle",......if you are invested into this company, and believe Gary Winnick would posture his company like that, you are overlooking one of the best assets of this company: Winnick's straight shooting take no prisoners attitude. I am happy to have investors for other reasons, but make no mistake, if you are unaware of Winnick, you are missing the point about GBLX in the first place.....
Martin Thomas