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Technology Stocks : Zitel-ZITL What's Happening

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To: Jeffrey S. Mitchell who wrote (16597)7/15/1998 11:41:00 AM
From: Michael  Read Replies (1) of 18263
 
<<Do you think the ALYD announcement is why the volume is so high for ZITL this
morning?>>

No, volume is high because of "pump and dump".
Pump up the volume by MM's trading Zit among themselves.
Inflate the price without actually accumulating many additional shares.
Then dump the Zit as the Loss report becomes public knowledge revealing Zit for the farce that it is.

your friend, michael
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