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.

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

To: NAUGHTY NOTES who wrote (1621)	4/29/1999 11:20:00 AM
From: Greg from Edmonton	Respond to of 6016

I hope you are right, in that any major sales of GLE could be 'arranged' as a few big crosses. If so, I hope it is without much in the way of price manipulation. There is a good probability that a large investor (or even Delphi) might want to hold a significant portion of those shares to ensure their interests. GLE share price is currently holding fairly steady although the volume is not there any more. Everybody knows that it would not be in any shareholder's best interest to flood the market at this point, and surely not at the present volumes. I don't think they will be in a panic to sell, and if the shares are to be sold into significant news it might not be so painful. In fact waiting to release significant news before selling could also be a likely scenario, especially if they want to sell the shares 'retail'. Just my opinions. Regardless though, I am ensuring my paper profits with a stop-loss order placed just below what I feel is the normal trading range to lock in my gains if necessary.