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Globalstar Inc. Message Board

  • embarrassing1234 embarrassing1234 Oct 10, 2013 10:14 AM Flag

    The volume alone is exciting

    The volume is destroying the 3 month average every day now. Paired with an increase in the price, I think that's a great sign because it shows there's a lot of buyers.

    Sentiment: Strong Buy

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    • I dont like to give alot of credibility to the MM. However, people I trust have assured me of their involvment. With that understanding. My logic tells me that the MM are probably wanting to keep this stock below $1.50. Until NPRM decision. In order to minimize exposure or maximize the pop of PPS after the decision. I would be cautious going forward until it actually crests over that mark.

      Sentiment: Strong Buy

      • 2 Replies to gstarnumone
      • Dude, no offense, but earlier today you said, and I quote, "The point of my question was to try to figure a pps post TLPS and once profits started showing reliably. I believe once profits are consistant and TLPS is established. This stock could go into the HUNDREDS. Logic is there just have to wait, I guess. I will!"

        Now you are telling us that we should be cautious until it goes above $1.50. So, in the first case, the glass is 99% full, or actually overflowing with golden mead, and in the latter case, the glass is 1% full of some sludge that no one in their right mind would drink. I think you need to stop praying before you post. Give it a rest, but thanks for the 1/2 full analogy. It scored a few points with the newbies.

        On the other hand, we have NeoVeryLite, who sold with a 15% profit who desperately wants to get back in at 80 cents. Good luck on that NeoVeryLite. You had at chance for the big run and you blew it. Now you gotta chase the stock if you want to pay about 1/4 MORE per share. Keep playing those curves. I'm sure you'll outsmart the MM's who get paid big money to take yours.

        Sentiment: Strong Buy

      • I agree with gstarnumone. The extremes of exuberance and gloom on this board make me laugh. The stock will froth between 1.30 and 1.60 until FCC decision. If it's a no go (unlikely, but possible: I'd give it a 25% chance), the stock will go back to .80. If a yes, then 3.00. First Lease agreement (Amazon?), Stock goes to 6.00. After that...who knows?

        BTW, The fact that the volume is so high and the stock is fluctuating means buyers and sellers in abundance (not just buyers driving the stock ever higher). This is a very good sign of health. No South Seas Bubble, folks. But still, a risky investment in my portfolio. Lots that can still go wrong. Good luck!

        Sentiment: Hold

    • Soon we will hear Jim Cramer . BUY BUY BUY

2.56+0.02(+0.79%)Apr 17 3:59 PMEDT

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