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


To: David Sirk who wrote (7097)5/17/1998 9:53:00 PM
From: Terry T.  Read Replies (4) | Respond to of 18444
 
If stock is as volatile as David suggests, and investors have to be spoonfed with stale news, the stock could go down and bounce back just as fast. That is consistent with any penny stock.

In my opinion, David would like price to drop, so his touting of a price drop is self-serving and somewhat self-fulfilling. However, it is not really fair to say there has been no news of a positive nature in the past 10 days, or that there are no new and exciting opportunities being pursued by the company as we write.

As long as there is "credible evidence" versus repetitive news releases of progress, I would be surprised to see a big price drop. If investors are that uncertain or skittish, the price would have dropped some time ago. I believe (but could be wrong) that the remaining shareholders are pretty "hardcore".