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


To: Jacques Chitte who wrote (17168)9/2/1998 6:14:00 PM
From: Jacques Chitte  Read Replies (2) | Respond to of 18263
 
Looking at the chart of the last few days, I'm left wondering (and talking to myself on a becalmed thread - bad sign for sure) if the action of these past few days wasn't a margin wash combined with a bit of a mini-squeeze. Somebody's shaking shares away from the longs AND the shorts. This is inherently scary, because it flies in the face of my smug, derisive certainty that ZITL's only value is negative. A sort of karmic Depends to soak up money - and leave a "look - nothing ever happened" dry liner.
Is someone consolidating control of some Zit shares? Have we put in the apex of an inverted H&S pattern? Could this run all the way back to $7-8? Should the ZITeorology Division order a "Hype Watch"? Should Pamela Anderson Lee really have done that to herself?