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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: speculatingvalue who wrote (403)	4/13/1999 10:03:00 PM
From: slick stevens	Read Replies (3) \| Respond to of 6016

The profit-takers had their day today and that's to be expected. Over the last several days, GLE has gained some widespread market recognition. If subsequent developments are positive (and i'm sure that they will be), you'll see the same kind of market activities that we've seen over the last couple of days. The fact that there is market recognition, after this many years of development, is no small feat in itself. While i'm not a statistician, i think the fundamentals point to brighter days ahead. A three day run-up after a good news release is pretty typical in my investment experience. Then there tends to be a bit of a downward run on the stock after the short-term high ($6.30)has been established. Then there is a search for the key support level ($3.50 today). After you have established the short-term high and low, there should be a relative period of stability while the market more fully examines the potential of the original "spark" news release and awaits additional news. I don't know how many times in the past year or two i've been tempted to take profits after a 15 or 20 cent rise in share price. Because i had patience and because the company had potential, i did not sell. My point is that good market timing is very difficult to achieve, however, good value and good potential does not disappear.