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

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To: Jon Tara who wrote (17843)1/7/1999 5:22:00 PM
From: PartyTime   of 18444
 
Meanwhile, while I'm gone, I'll give you this to quibble over. Jon, you can reconcile your statements regarding Schwab with the ESVS/Yahoo Exy statements, which I find rather interesting:

1) Exy Number One
12067 of 12068

If people did sell, schwabb created x amount of shares of stock. Their desk is now short and has to cover. this is were the games begin and where a brokerage firm behind the stock comes in handy. The might have covered this afternoon after the mistake was found thus the recovery in prices, or they are still short and may pound the stock down more to cover at lower levels. their is not enough buying pressure to squeeze them into covering, but they most likely did. their MH meyerson affiliate did most of the trading today.

WCTI-U L - 14.187 Chg +6.312 B 13.875 A 14.000 S 2x2 Vlm 2.071M
4:01 Opn 8.875 H 14.375 Lo 8.125 AH 8.380 AL 0.680 LTV 100 C 7.875 EPS 0.00 PE 0.00 Div 0.00 Yld 0.00 Ex **/**/** %Chg +80.15 Dow Thats what happens when a firm gets behind a good bb stock gets a firm behind it before it goes gets to the NASDAQ. The are a new search engine that reads different languages, and program languages. I dont know much about the co it was kicked out by our program this morning because of volume and % increase yesterday. ironically on the day esvs was kicked out this stock was as well. I picked esvs at 3. this was at 2.75. ouch!!!!!!!!!!!!

Exy Number Two:

2) Please excuse the poor grammar and spelling I've had a long day.

Good night and be safe.

And its not like the bank. Someone has to cover the sold shares. I dont know who will be responsible the client or schwabb. most likely schwabb since their back office screwed up.
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