GREY:GLNIF - Post by User
Post by
gldblvon Jan 13, 2010 8:55pm
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Post# 16676241
$20
$20I follow Glentel for few years now and made good money with it. It is really unbelievable what management has achieve since 1999.
I was out of GLN in the past 2 years because I was invested mostly in gold mines. I though that the recession would have hit Glentel much stronger than it did. I think we are about to experience very strong improvement over the services people get from their cellulars. I think the smart phones will become much more intelligent and even replace partly laptop usage. This means more expensive devices and more money for Glentel.
If on top of that Glentel is able to improve its business division this bodes really well.
I recently bought my position in GLN and I have a target of $20. I think that Q4 numbers could very well be what propels GLN at that price.
GLTA