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: Kevin Hamlin who wrote (2076)	5/26/1999 8:46:00 AM
From: kevin joseph	Read Replies (1) \| Respond to of 6016

How do you explain the institutional support at the $9 to 10.50 level based on the coin toss theory.Not characteristic for the big boys to gamble with millions!

To: Kevin Hamlin who wrote (2076)	5/26/1999 8:53:00 AM
From: blue_chip	Read Replies (1) \| Respond to of 6016

Kevin, While I respect your investment decision I was wondering if perhaps you have talked to GLE? They wont give you specifics about a deal but im sure you'd get an interesting response if you discounted any possible Delphi deal or said to them that even if they did get one that it would be minimal. Just a suggestion. Chip

To: Kevin Hamlin who wrote (2076)	5/26/1999 10:55:00 AM
From: speculatingvalue	Read Replies (1) \| Respond to of 6016

The run up to $8-$11 was because of the Delphi announcement, but I think you under estimate the psychology of someone who pays $8 for a stock. They don't like to sell for less than they paid. Given the large volume that has traded day after day and the growing impact of the Sprott purchases (less supply) and I would suggest the floor for the stock has been raised significantly. I wouldn't be surprised if GLE is pursuing a financing at the new price level, which would help "set it in stone". I've been following this company for a couple of years and their releases tend to be positive surprises. They are also candid with bad news if you talk to them and I haven't heard too many negative rumours thus far. My thought is that if it isn't Delphi, it is someone else. You forget that their main motivation for the fuel cell research was their huge customer base in the oil industry which need a low maintenance energy source which will work with dirty fuel. The standalone remote power application alone is a big deal.