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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: I Am John Galt who wrote (727)2/21/1998 4:57:00 PM
From: OtherChap  Read Replies (3) of 18444
 
Musical chairs is all this is. People who bought in shares
at 10 cents will make some money from the suckers who buy
in at 30 cents.

Remember folks, nasdaq shares are counted twice for volume
reasons, so there were only 700,000 shares changing hands
yesterday. Since it started at 17 cents, and ended at
25, that means it only took slightly more than $160,000 worth
of activity to raise the value of this company by 44 percent.

This company is a shell that just underwent a huge reverse
split just to get up to the pitiful price it is at now. The
softbank they keep talking about is NOT the giant SoftBank
we all know, it is a tiny unknown company with the same name.

Just remember, if you're paying your broker 3 cents a share
to buy and 3 cents to sell, this stock has to jump ANOTHER
25 percent from its current price before you'll make a dime.

Penny stocks like this would never happen if there werent
a seemingly endless supply of suckers with no experience
who want to get rich quick. They usually get poor quick,
or at least lose most of their investment.

I'd look for a quick pop up in the first few minutes on
monday as the last rag-tag trickle of suckers puts in
their market orders, then the price should quickly collapse
back down to .15 as the hypesters quickly unload their shares
with glee.
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