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

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To: larry who wrote (16103)11/20/1998 2:43:00 PM
From: aleta  Read Replies (2) of 18444
 
Let me give you another example of why your way to invest is foolish from my perspective even if you believe in a company. I believe in a particular penny stock and have done this to increase my position without risking additional funds. The stock I own in it now is basically free because of doing this.

You say you own a ton of ZULU. Okay let's say a ton is 100k that cost you .11 per share that in a week you could have sold for .25 per share. It did happen that way recently. Had you sold your 100k you would have made enough to be able to buy back in at the current price of .125 on the money you had received and now own 200K of a company you really believe in. Trading in and out of a stock to improve ones position isn't a bad thing to do. It's a very smart thing IMO.
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