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


To: Jeff Vayda who wrote (3003)2/19/1999 12:09:00 PM
From: djane  Respond to of 29987
 
Decent site for GSTRF Institutional purchases/sales and insider trades

marketguide.com



To: Jeff Vayda who wrote (3003)2/19/1999 12:20:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
What's up with IRIDF today? Down 3 and very close to 52-week low. Any theories other than institutions bailing due to low subscriber numbers?

Bagged some more GSTRF today at $16. Have 2 more purchases to make to finish my position. Trying to be patient. Huge potential reward compared to downside risk at $16. Rode ASND from $27 in 11/97 to $80 in 1/99. See a comparable ride for GSTRF and LOR. Yes, the market is always right and should incorporate all available info at the moment. But, that's the catch to the efficient market theory -- at the moment. A new way of looking at the world and, voila, GSTRF/LOR become the next internet stocks, i.e., analysts/investors/daytraders look to future substantial cash flow and profits and bid the stocks up.