BRK, here are my thoughts on ZSUN, XNET from the Evening Edition of Club Fatt!
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Club Fatt! Evening Edition
geocities.com
Today was great! Great volume on all of our stocks!!
ZSUN--This was definitely the biggest winner for the Club Fatt! Index.
This morning, ZSUN released a PR stating their plans for the extremely
explosive web=based mail market. Hotmail was bought by MSFT for $400
million. Hotmail is focused on home users. PINmail, ZSUN's service is
targeted @ business users. This is definitely an interesting approach.
The service is highly secure, which is definitely attractive to business
users. It charges a fee for this, which will make business users very
much eased of fear to use, as hacking spreads. Plus, the simple name,
PINmail indicates security.
When you have a target audience, like PINmail, this always draws in
high-paying advertisers. Just like the latest PR mentioning CMGI hinted
at. This could be an interesting thing to watch develop.
Action on ZSUN was wild! The volume was about 20x normal. Also, what
I have been looking for, the bid and ask spread, finally decreased
significantly. This is more of a stepping stone than many might realize.
It dropped by .25. A small bid and ask difference is very important and
makes the company look more like the "real deal."
I saw many people take notice of this stock today, which was a good
indicator. The volume was up, the spread dropped, great news, positive
momentum, internets were hot, and a very steady chart all added to a great
day!
The stock could see a small dip tommorow. This will be another buying
opportunity for me. I got in today, luckily, on a buy limit of 13. I
picked up a few shares and plan to add more as the price hopefully dips.
That sounds weird, huh?!
XNET- had a whacko day too. All over the charts today. Hit intraday high
of 1 13/16, only to fall. MMs having playtime.
Volume was extremely strong again. *VERY IMPORTANT*--Please, everyone
go observe the 1 day chart and look at the last 30 min. XNET experineced
buying that was off the charts. The MMs must have been LOADING DOWN THE
HOUSE, keeping the price down so they could steal shares. No joke. Look
at it. Looks like something big is going to happen very soon, something
that we don't know about!
I would like to take a stab at this website confusion. Many people
seemed to be confused and are posting what looks to be false info. Here
is what I think. The American Investor site will be xinnet.net
There is no question. People have been posting that:
xnet.net.tw is a "sneak-preview" of the American site. Now
ask yourself one question..Why the heck would the American site be on a
server in Taiwan, in Chinese? I can't run a "whois" on Internic for some
reason, but I would imagine that, now this is just my opinion and is not
confirmed, XNET could be expanding into Taiwan. If this is true, it could
be huge news. I mean massive. Now, I do not know, but why else would
that address be in Taiwan? Not sure. That is just a guess. From PR:
"With expansion planned to four additional major cities, the company
sees significant near term growth potential in both subscriber base and
revenues."
I have no idea "what" cities they are talking about. This could be
something to watch.
There still is a whole lot of "sideline" money waiting for an
announcement. Keep your eyes open. I just hope that on the first of many
announcements to come, there is not a selloff...I know the real investors
are not selling, like me!
WOW, another long post! Shall I shut my mouth now??
FM
Always invest your money on your own DD and decisions. Base it on your
gut, not Fatt Matt's gut!
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