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


To: Jim B who wrote (1219)2/24/1998 5:12:00 PM
From: Mr. Stress  Read Replies (2) | Respond to of 18444
 
I think a lot of investors are waiting for the price to go over $1 before they buy in. I say this for two reasons:

1. Commissions are usually cheaper on stocks over a dollar.

2. NETZ will seem more "real" to them if it can support the dollar
range.

When this gets over a dollar, watch out! (IMO)



To: Jim B who wrote (1219)2/24/1998 6:00:00 PM
From: BlackStar  Respond to of 18444
 
whoa.... don't even mention $10 ... let's hit $1 first... it's dangerous to overstate stock values with these pennies.. otherwise if stock doesn't climb up 100% every day... the daytraders get out thinking this was all hype and no fact...

Oops! Sorry didn't mean to mention the $** figure... :) To clarify: I do think that NETZ may reach $10 within the next few months. Say before or after the summer maybe. BUT a few things need to happen first. So just forget about it for now. I think the primary goal right now is to see a steady $2. Given the support we've seen and no tripups by NETZ I hope we'll see that within the next two to three weeks.

Daytraders have been in and out of this stock several times only today. Watch that nice staircase pattern and you'll see where they got in and out. It is heartwarming to see that each base has slowly solidified, shaking out daytraders taking profit, and then continued upward. In an other world where daytraders did not exist we would have a pretty, slowly rising, curve.

I am not worried by short termers deciding to take profit. That creates patterns too but on a larger scale. I believe in what I know about the fundamentals, such as they are, will take this company out of the BB and onto the big board. I also agree that that shouldn't happen too soon. Without a solid base NETZ will not perform optimally there.

We will see what kind of support NETZ has within the next few days. I hope people are smart enough to wait for the financials before they start following knee jerk reflexes.

steady climbs per week... not even per day.. is all I care about at this point... as long as we close higher friday than we opened on Monday... we'll all be making money... so patience is the name of the game.. and let's spread facts.. not fiction...

Agreed. On all counts.

no offense

Non taken. You were right to make your comment. A cool head will make the most money here...