ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising Message Board

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Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising

ZULU 0.0001000

-50.0%

Mar 7 3:00 PM EST

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To: PartyTime who wrote (411)	1/25/1999 11:14:00 AM
From: Jon Tara	Read Replies (1) of 2003

It's possible - I'll give it 2:1 - but then I see it going back to $1, particularly-so if the merger is completed and everyone winds-up with pink-sheet ESVS stock. On a TA basis, it actually looks good for a short-term move up. The same (proprietary, sorry) short-term indicator that indicated it a buy on 1/15 signaled a buy again on Friday, 1/22. (Then again, it signaled a sell on Wednesday, 1/20, so, you can see, it really IS "short" term!) Personally, I wouldn't buy it because I can't buy OTC-BB stocks from my broker, and because of the risk associated with the merger. But if you have a short-term outlook and are willing to take on the risk, I'd call it a "buy" right here. Actually, I'll give it 1:1 odds based on the TA, but reduce the odds to 2:1 based on the risk associated with merger events.

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