Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Berney who wrote (4975)	1/30/1999 10:35:00 AM
From: Giordano Bruno	Respond to of 99985

While bottom fishing, I was surprised to buy some of those 5 million GLM shares @ 8. Interesting trade to witness.

To: Berney who wrote (4975)	1/31/1999 8:29:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 99985

As some big people are selling GLM, it seems, why would we want to buy? I have followed GLM for a while. It's chart looks similar to NSM except it's missed out on the recent run-up in NSM. Though there are some bullish signs on the chart I feel it could just as well fall down to say $5 around book value. NSM went below book before recovering. NSM is looking weak currently again. My FA method gave a price of $16 for GLM. But what does that mean in the current market? <g> David