SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Felix who wrote (8586)6/10/1998 12:06:00 PM
From: Jon Tara  Read Replies (3) of 18444
 
But Felix, we have a person among us here who bought at .25 and is now getting nervous. They are worried about having to take a loss on this stock. But they can get out now and still take a profit.

I suspect there are plenty of others in that same position.

Not everybody bought this stock at the inflated prices that most of the people here paid. And not everybody is a short-term trader. How was somebody who bought at .25, .20, or lower to know when "the top" was reached. Sure, almost any day over the past 4 months would have been a better day to sell. Did anybody know it on that day?

The price is reaching a point near where many people got in at lower prices, and they are getting nervous. Once they were sitting at a 100% profit, give or take 25% or so, and didn't care about a nickel or a dime one way or the other.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext