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Strategies & Market Trends : ZixIt Corporation (ZIXI)

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From: Kevin Podsiadlik7/18/2006 12:59:12 PM
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Too funny: R. J. Falkner, notorious promoter of trash stocks like REFR, took up coverage of ZIXI last January, to the notice of absolutely nobody:

rjfalkner.com

"At their current price of $1.72, investors are presented with an opportunity to purchase ZIXI shares at a price 30% below the $2.50 that a group of sophisticated investors paid for 10.5 million shares in the recent private placement (certain ZixCorp officers and directors acquired additional shares at $2.99 in the same transaction)."

Yes, always good to see a stock trading well below an recent offering price. This proved to be an "opportunity" to experience a further 41% decline (to date) in the stock.
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