Zulu-tek, Inc. (ZULU) Message Board

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

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To: Bob Frey who wrote (1215)	2/24/1998 4:49:00 PM
From: hoffy	Read Replies (1) of 18444

<<<tahoeman... nope. Not on the OTC:BB.>>> Matty, MM's sure can short stocks at any price and they do. Most bulletin board stocks never make it and the MM's never have to cover. That's how they make a lot of their money. But every once in a while they get caught holding a company that turns it around and they have to scramble to cover. That causes the squeeze. It is impossible to tell how many shares are shorted but I bet there are a lot. That's why I think it's going to run even further in the next few days. There are only 15,000,000 in the float and there may be that many or more shorted. I wouldn't be surprised to see it trade into the 2-3 range very soon. here will be some bumps but the action was very nice today. A steady rise all day. I am curious about the after hours note on Instanet and that he couldn't get it filled at .81. Don't know if that is true but the way it closed I am not that surprised.

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