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


To: John Stichnoth who wrote (14383)7/14/2000 9:20:11 PM
From: Peter Sherman  Respond to of 29987
 
FWIW
1 - my broker has "R" next to G* meaning stock can not be lent - could be a bit of a short squeeze in reality -
2 - G* has all the dough they need for next 2 or 3 years -
3 - roll out is slow, but big boys, funds are stepping in and buying
4 - bernie is plenty smart
5 - phone works
6 - no competition
7 - can't miss



To: John Stichnoth who wrote (14383)7/14/2000 9:27:39 PM
From: unclewest  Read Replies (2) | Respond to of 29987
 
then we have to decide whether 7 or 12 is enough!

hi john,
gstrf is up every day this week...has not happened before this year. the other side has a decision to make about what is enough too.

personally, i love the slow release of advertising and other info and the slow, persistent, relentless move up.

any good news, even the hint of it, will be unbearable for some. looking at the option situation...the vast majority of the 50% short position is totally unprotected.
that creates a potentially explosive situation.
unclewest