My take:
1) Wired magazine article of 1/9/98 talks about Zulu as a real company with a real business. Mucho credibility in my book.
2) The stock is at .40 cents-significant downside only if the stock goes to .10 or 0 with no recovery. I like the potential upside and think it is worth the risk at this point
3) More and more will be hearing about this stock. I have told my Uncles, cousins, dad, you name it. I'm not hyping it, but just telling them why I'm buying it.
4) Easily, this thing could run to 3-4 buck range in a month or two. That's when it gets tricky. What I plan on doing if this happens is selling half my stake and letting the rest ride for awhile and see what happens.
5) I usually don't get involved with BB stocks, but to me, you have independent sources(Gaskins IPO,UNdervalued Dog, Wired) verifying this is a real company and a real competitor to DCLK. If you believe that, then you have to believe that this stock will be worth much more than .40 cents going forward when the Street finds out about it.
6) The main thing about this kind of stock is to get in early, rather than "watching" it and then buying it after it is .75 or over a buck.
7) Watch for your own GREED!!
My take,
Steve |
