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


To: donss who wrote (1401)6/30/1998 1:28:00 AM
From: Beefeater  Read Replies (1) | Respond to of 29987
 
Don, I've been assuming Zenit delays and investor fatigue has helped drop the stock. Some folks thought that G* was a little ahead of itself in the mid-30s, so we saw some unloading. Can't tell if the selling is over yet, as G* busted a support level around $27. Not a fun time. But some good bargain hunting. This is a good price to buy more, and it may get "better."

Beefeater