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Technology Stocks : Zitel-ZITL What's Happening

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To: dppl who wrote (572)11/2/1996 10:28:00 PM
From: Terry Blount   of 18263
 
I SURE hope ZITL patterns it self after any of your examples! You mentioned that it had a 50-50 chance of going higher but I'm convinced it has 100% probablity of falling. Let's examine your examples:

ANCR base of $10 flew up to $42 then within 3 weeks back to 10.
WSTL base of $40 flew up to $55 then within 3 weeks WAY down to 20!
AMTX base of $22 flew up to $36 then within 6 weeks WAY down to 12!

Can you imagine shorting those stocks at $55 and riding them down to 20 or $36 and riding down to 12? That't the kind of trades dreams are made of!

MASX base of $20 flew up to $38 then within 4 weeks back to 20.

BTW... I REALLY appreciate you bringing my attention to MASX... as soon as ZITL tanks I'll definitely be shorting MASX... it's sky high again and will fall... hope it'll wait for me!

As for comparing a stock with 7 million float to stocks like IOMG with 120 something million float... well that's like comparing apples and oranges. Except for ANCR (with a 9 mil float) your other examples listed above have floats 2 to 4 times the number of shares of ZITL. (I'm suggesting that stocks with smaller floats almost NEVRE hold quick gains. (Down to say 1, 2 or 3 million... because one individual like the owner or company president has enough influence to reduce the quick slides ...see SQAI. 23% owned by the president.)
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