GREY:GLNIF - Post by User
Comment by
Berzyon Jan 14, 2005 12:14pm
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Post# 8432186
RE: Ride the Glentel Wireless Wave
RE: Ride the Glentel Wireless WaveNice recap ascii1. All very valid and promising facts. I've been watching this since $5.80 most recently and kind of wished I had of rode the wave to current levels. My only concerns are the lack of liquidity, and thus inability to exit a decent size position without substantial drops in price, coupled with the whack of stock options that execs are sitting on (almost 1MM at my last check) These options are WELL in the money and anyone deciding to sell to make decent profits at this level would surely pull the price back. I wish they would reward performance with cash as opposed to options as I don't like the dilution effect that these will have once exercised with a stock with such a small float.
Having said that, I'll still be following and may creep in if things pull back.
Regards,
Berzy