Zulu-tek, Inc. (ZULU) Message Board

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

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To: Brady B. who wrote (17855)	1/7/1999 10:14:00 PM
From: Jon Tara	Read Replies (1) of 18444

What a fiasco! Only with this stock. Depending on who was responsible for the screw-up, this may leave MMs and brokers not wanting to touch this with a 10-foot pole. Here's an interesting angle: anyone who knew about the screwup in advance would have been able to have sold their LEGITIMATE shares early in the morning, bought them back cheap later in the morning, and then sold again on the close, and made a handy profit. All nice and legit, except for any fore-knowledge of the screw-up, which might be considered insider information. Others who simply traded on the price action without fore-knowledge should be fine. The stock completely recovered to $1.50 at one point, only to momentarily trade down to 0.75, and then back to $1.34 at the close. You want excitement? You're in the right place. Just as good as Las Vegas, and just as random a spin of the wheel. Or maybe the wheel is rigged. Somebody's got some 'splainin to do...

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