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Old 08-12-2006, 09:33 PM  
Helix
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Join Date: Feb 2002
Location: Michigan
Posts: 6,016
Quote:
Originally Posted by KMR Stitch
Why do you think it's so cheap right now they are appeling to amex

Any idiot can see what a PR says
Yes, the stock price is very cheap right now, and will go up eventually but when? I don't like to tie up my money on stocks like GTE. I like to turn my trades in a reasonable time period. Too many negatives for me.
GTE's stats:
MACD trend is down
RSI trend is down
Volume is down
it have been consistantly closing below the 5 and 20 SMA
and the PR is bad

You might be interested in this July 19th 2006 Motley Fool article about GTE. Seems these guys have a bit of history.
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