SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?


To: Brady B. who wrote (15318)11/4/1998 8:22:00 PM
From: kemosabe  Read Replies (1) | Respond to of 18444
 
I think we may see some backing and filling in this stock for a little while yet. A lot of people got burned a couple of months back when it spiked from around 0.20 to 0.45, and a lot of people are in at much higher levels. A lot of folks jumped at the chance today to get out. Can't blame them.

But something must be happening behind the scenes for a lot of buyers to come in like they did the last two days. I can't see a P&D just yet or else we would have been hyped. As usual, we've heard nothing. Boiler room calls?? Who knows. Nobody new has shown up yet asking questions; mostly just us oldtimers.

I averaged down considerably yesterday when I bought. I'll get all my bait back IF we double from around these levels. Then I'll reconsider.

I think Terry's reasoning makes sense. The big cats are waiting for a bigger payday. Could be very interesting the next couple of weeks.

kemosabe