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

To: Jim Parkinson who wrote (15636)	8/12/2000 8:03:32 AM
From: BobRealEstate	Respond to of 29987

Jim, Although in the red recently, my G* experience has been profitable from a trading perspective since late April. That means being in and out of the stock and not being stuck fast as an investor. My current trade is underwater from 9 or so, but the tide appears to be turning. We'll see. Maybe not. I would love this thing to kick in and move steadily higher and convert my position into an investment instead of a trading position. I believe the technology is there for this stock to be the next super growth company, the one that has all the financial rags agog in twelve months. The execution is what is lacking, and there are signs that even that is turning around, again we'll just have to see. As this board is very meaty the following point may have been missed. Over TWO-THIRDS of G*'s stock is short. It is tough to see any stock really decline with that type of short position. Again, I have been wrong before, but the universal hatred of this stock on the Street generally points to a bottom, not a top.