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


To: Joe Copia who wrote (15280)11/4/1998 10:35:00 AM
From: Jon Tara  Read Replies (2) | Respond to of 18444
 
I dunno, Joe, YOU seem quite the smart-ass today, coming here to the ZULU thread, and smugly telling people here that ZULU was "just a flip" (presumably you sold, this morning? At .29? LOLOL!).

Rub it in their face a little more, whydontcha Joe?



To: Joe Copia who wrote (15280)11/4/1998 10:50:00 AM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
Why is ESVS "the real deal", Joe? You know something that the rest of us don't? If you do, why don't you share it?

If the deal is completed, buying ZULU should be equivalent to buying 1/10 the number of shares of ESVS. Any time that ZULU is less than 1/10 the price of ESVS, it should be the better buy of the two.

If the deal is completed, ZULU holders will eventually hold ESVS shares.

But the ratio has been hanging around 20:1, not 10:1, except for today when to briefly (VERY briefly!) returned to 10:1. People who bought based on this arbitrage MAY have had an opportunity to close-out their positions at a profit today, though I doubt that they could have really top-ticked this thing. (As many will claim to have done later today...)

Anybody have any idea why ZULU continues to trade around 20:1?

Everything about this stinks - the 20:1 when it should be 10:1, the servers being down, the lack of response from the company to legitimate shareholder questions.

I am glad for anybody who made money on this today, but anybody here is making a mistake if they want to trade this stock on a rational basis - there is no rationality in this stock! Those who reasoned that the most irrational-looking thing to do was the most profitable now have to opportunity to make a profit.