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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: soylent who wrote (2116)2/27/1998 2:37:00 PM
From: BlackStar  Read Replies (1) of 18444
 
I have been watching you guys for 3 days now knocking Otherchap. Paid or not his predictions have been right on the money throughout this mania. It is time someone gives him positive credit. I agree with him that it is over and headed down.

True. Some of his predictions came through. In all, I am not impressed. Any stock that has based at .2 for months cannot find a new multi dollar base without some growth pains. I think I am in line with reality when I say that the ~.65 to [local maximum of this week] price diff consists entirely of intra-/interday traders that haven't got a clue to what NETZ is about other than the stock is running.

I am happy if NETZ finds new solid support in the .65 range, up 200% from noon friday last week. Anything above that will show that there are more savvy longs in this stock than I had hoped for.

Obviously there is something 'dangerous' about the $1 level that makes MMs start each day with giving NETZ a swift kick to the head. We saw some interesting indications wednesday when a shortage of shares apparantly developed for a brief moment. After that MMs have been actively trying to control the action IMO. As long as volume is not too great (< 8 mil per day?) the MMs are leading this stock by its nose. It seems that they have decided to park it comfortably out if range of $1.

Make no mistake, the NETZ play is not over.
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