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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Ghezzi who wrote (18126)12/12/1999 6:08:00 PM
From: Mark The Trader  Respond to of 18263
 
I did trade in and out of it 2 times in the last 45 minutes
Friday picking up 3/4 points both times before purchasing a very small position before the close expecting it to go higher in the after market. I noticed it later in the day when it peaked at 7 , when it traded down in the 4 to 5 range I traded it a couple of times.
I look for it to be as volatile on Monday as it was Friday with lots more opportunity , however I am not sure if I can short it with CyberX , not sure I would want to anyway unless it gapped up many points. I am not predicting this stock going to the moon , I just think its still in play for Day Traders Monday .

Mark



To: Andrew Ghezzi who wrote (18126)12/12/1999 7:29:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18263
 
Andrew, As a long time ZITL player from the short side, I can tell you that ZITL is very adept at PR and following the latest market fad. This experience suggests that there will be more PR to follow and that the price will drive higher, perhaps much higher, before the inevitable decline begins. I doubt this is a one day event.



To: Andrew Ghezzi who wrote (18126)12/12/1999 11:02:00 PM
From: Don Westermeyer  Read Replies (2) | Respond to of 18263
 
Monday should be fun all right. Probably will open less than $5.

It's funny how some scam stocks can get resurrected from the dead.

Eventually ZITL will be worth zero if their past track record of 'successful' products is any indication.