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Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising
ZULU 0.00010000.0%Mar 7 3:00 PM EDT

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To: Brady B. who wrote (1944)8/15/1999 2:46:00 PM
From: PartyTime  Read Replies (1) of 2003
 
Fred, Brady and Bill!

Zulu Ghosts, myself included!

Fred, I did well with the drillers but got out of 'em to play open market IPOs, although I was recently holding PDE. They did bounce back, didn't they? Congrats on your UTI keep!!!

I've been buying open market IPOs as close to opening bid as possible and if it's a hot one selling 50 percent near the price where I think those who got in from the underwriting price will sell--for quick profit. If the stock continues rising, I then sell 30 percent at the price where I think those who got in at the opening bid will sell--this locks in further profits. I then keep the remaining 20 percent for the ride. If I'm careful at what IPOs I play, and limit any loss to only two points below my price of entry, I should remain ahead in this game. It sure is different than struggling along in the ghostly penny stock which Zulu, sadly, became.

Best to all and hoping you've all met quick recoveries from the Zulu tragedy.
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