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


To: RMiethe who wrote (4953)5/31/1999 12:44:00 AM
From: JGoren  Read Replies (2) | Respond to of 29987
 
I didn't ask for a lecture and don't know what prompted it. All I asked is what "distribution" meant. Thanks for the definition; it is not what I would have thought. "Distribution" in securities law means that a stock is being sold to the public and that it is having a wider distribution among a larger number of shareholders. It's almost the opposite of "under accumulation" where investors are increasing the number of shares of a particular stock held by them by buying from a large number of shareholders.



To: RMiethe who wrote (4953)5/31/1999 2:08:00 PM
From: Rajala  Read Replies (1) | Respond to of 29987
 
G*, TA and the Emperor Without Clothes

>But in the case of technical analysis everyone has access
>to a chart, everyone has knowledge of what the chart says
>as opposed to inside information or some unknown fundamental
>that only a few may actually have knowledge of).

I fully agree with RMiethe with his doubts on technical analysis. Does TA take into account basic factors such as does this company have a sound concept and does the coming product actually look like its hot? I recommend astrology as a more entertaining, and equally reliable, alternative to TA.

As for the "unknown fundamental" RMiethe mentions, it does not have to be unknown.

Lets take the satellite mobile telephony concept, for example.

The advance of low cost, good quality, reliable, feature rich, indoor working and stylish mobile phones have irreversibly taken the business traveller market. My GSM operator roams in 70 different countries. There's no way I'm going to piss about with an Uzi-sized satellite phone.

So it leaves the oil-drillers, Amazon explorers and the odd G* fanatic on this thread. Well, that's still some market? But let's see the competition: first there is the old radio communications. Then there is the reliable if bulky Inmarsat. New kid on the block is the Iridium, which has not surprisingly underachived in terms of subscribers (and how about paid minutes, why don't we hear about them?).

Plus there's the fourth alternative, G*.

And fifth, ICO, backed by some fifty operators and relying on GSM the leading international standard of Europe, Africa and Asia.

So you look at facts, all generally known, and if you have any wits at all you can outsmart the market. You don't want to mess with TA.

- rajala