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


To: leo_bloom who wrote (12573)5/11/2000 1:23:00 PM
From: Lu_Xun  Respond to of 29986
 
Leo:

Welcome back! I have always felt for a long time that the nadir for GSTRF shares would be the period right after the Q1 results came out. I have also felt that the share price would steadily and dramatically rise from that point onward.

So far, I've been dead right on the first part (though I'd have been happy to be wrong on that prediction, since I was long 2000 shares through the whole price decline from December to May). In the hope that I am also right about the second part, I averaged down today and bought 1000 more shares.

Now long 3000 LOR and 3000 GSTRF.

Good luck to all us longs!

WPH



To: leo_bloom who wrote (12573)5/11/2000 1:44:00 PM
From: leo_bloom  Respond to of 29986
 
Edit to post#12573: When I said that soft retail sales numbers didn't hurt, I meant the U.S. retail sales figures for April that came out today (as one indicator of U.S. economic strength), not the sale of Globalstar handsets (those soft Q1 numbers DID hurt).