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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

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To: M. Frank Greiffenstein who wrote (912)2/23/1998 1:42:00 PM
From: BlackStar   of 18444
 
Give OtherChap credit. He may be cantankerous, but he predicted the MMs would see you guys and gals running to buy MOnday morning, so they opened the damn thing up over 40 cents. And of course, alot of people in at 10 cents sold out.

IMHO that would be like giving him credit for the sun rising this morning. The .40 open level was fairly obvious. Everybody with some background in NETZ would agree (I hope :). I am just sorry I couldn't take advantage of it to increase my position.

Any stock opening with a big wad of market buys will pop like that. MMs that don't act like that will soon loose their jobs. I can see no foul play behind it. However, it is unfortunate since there is almost aways people that get stuck on the top. Hopefully they will be just as happy in the next few days.

If this continues we may end at .40 as well! This is just the beginning IMO.
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