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


To: gmccon who wrote (10655)3/8/2000 9:59:00 PM
From: Drew Williams  Respond to of 29987
 
I just took a look at G*'s home page. It had been a while.

I would think that would be a great place for a link saying something along the lines of, "All of you who are about to lose their Iridium phone's service, click *here* for a special, limited time, "Trade-in Your Iridium Soon-to-be-a-Paperweight" offer.

I've seen the advertising, but where is the marketing?



To: gmccon who wrote (10655)3/9/2000 1:29:00 AM
From: MileHigh  Respond to of 29987
 
Re volume, check out the candlestick, nice rebound from the low on high volume, I would say 20 or so is nice support barring a NAZ melt down or G* bad news, very positive action today technically IMO...

MH



To: gmccon who wrote (10655)3/9/2000 1:34:00 AM
From: MileHigh  Respond to of 29987
 
Also, notice the spike in volume and price once word was out their was going to be a CC.

What does this mean? It means that no one really knew what the CC was about. Could have been good news, right? Thus the shorts started to hedge their bets just in case. They bought calls or the common in case BS disclosed "positive news"

This means the shorts are very nervous, and there is a VERY BIG short position. Just think RMBS when you think of what short covering can do for you, or NSOL for that matter....

Good Luck and JMHO,

MileHigh