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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: hoffy who wrote (1205)2/24/1998 6:17:00 PM
From: BlackStar  Read Replies (1) | Respond to of 18444
 
My predictions for tomorrow: Open at .75 and close near 1.

My tea leaves says .61 open and .89 close. They haven't been right yet... :)

One last thought I have no idea how heavily this stock is shorted by the market makers but if it is we could really see a squeeze in the next few days as they run for cover. This is just a speculation but we all know that the mm's short these BB stocks heavily. That's how they get rich. But once in a while a company surprises them and they get caught. It could happen here.

Ahh... I would go easy on the short squeeze talk if I were you. I have not yet seen one work out and especially not on a high visibility stock. Forget that stuff and buy on belief in the company. It will get wobbly enough anyway.