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


To: Rampant who wrote (2075)5/26/1999 7:30:00 AM
From: Kevin Hamlin  Read Replies (3) | Respond to of 6016
 
<<<The big run in share price was I feel more to the results of GLE tests>>>

Hmmmm, I think the GLE results were good to about the $3.00-$4.00 range. There was a quick spike up to six, but take a look at the chart around the first/second week of April and you'll see the price settling in around this area prior to the Delphi announcement.

The Delphi announcement then added further credibility and speculation that something bigger might in fact be there, hence the second stage rise in price to the $8.00-11.00 range.

I suppose my own "pain thresh hold" was crossed when I started to consider how punishing the market has been lately when hopes/expectations were not met or exceeded. It's not at all that I don't think the credibility or speculation around GLE isn't intriguing or warranted. I think it is. It's just my own personal willingness (or in this case, not) to swallow the downside if it should come.

GLE has a developing great story, and for all those longs who end up on the winning side, you will no doubt be handsomely rewarded. I personally put the odds at 50/50 as to whether the stock will meet all hopes and expectations. Thinking in these terms, a coin-toss is also 50/50 and also "all or nothing". Would I be comfortable putting the kind of money I had in GLE on a coin toss? Truthfully, no (although I still toy with the upside in my mind on a regular basis!!!).

Again, all the very best to all holding GLE. I hope you win BIG!!!!

Warm regards,

Kevin