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Strategies & Market Trends : ZixIt Corporation (ZIXI)
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To: Kevin Podsiadlik who wrote (3713)3/1/2002 8:51:28 AM
From: Dale Baker  Read Replies (2) of 4120
 
Not a huge surprise that Zixit was grasping for every straw they could beg, borrow or steal.

Watching L2 yesterday, lots of buyers are lined up in the high 3's. Whether it's short covering or Haywood pouring more cash into this turkey, I can't help wondering if they aren't planning to spike ZIXI over 5 again on some kind of BS news (as usual).

I boxed my short just in case - new short shares are impossible to find. A box and recycle approach in the 3-5 range may be profitable for a while.
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