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


To: Blue_Horseshoe who wrote (16556)7/14/1998 8:13:00 PM
From: White Shoes  Read Replies (3) | Respond to of 18263
 
Mr Blue: as is public record, I (1) am a short, (2) covered under $5, (3) shorted again today, (4) am making money on ZITL and (5) am not scared.

Many ZITL 'diehards' (1) have entry points all over the road map, (2) have the unfortunate habit of 'averaging down', (3) probably loaded up in the 4's and 5's (after loading up in the 20's and teens), so are (4) feeling pretty good about themselves right now, (5) are NOT scared, but SHOULD be, (6) will 'average down' again at $3, (7) will be feeling really lousy when she breaks below $2, (8) will feel really, really lousy when it's trading in the pink sheets, and (9) will probably buy 100,000 shares and keep posting on the internet when it's changing hands for 5 cents.

Sometimes it's good to be scared. At present I am not but ZITL 'investors' should be...unless they can afford to lose their whole investment. This company is worthless and every quarterly report proves it.



To: Blue_Horseshoe who wrote (16556)7/14/1998 10:28:00 PM
From: Mama Bear  Read Replies (3) | Respond to of 18263
 
Blue Horseshoe, I am down considerably on my initial short position. I will be averaging up while it is running up. Eventually even my first short at 5 will make me money. I think today was just daytrading momentum that was started by Clinton's speech today.

Barb