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


To: larry who wrote (16103)11/20/1998 2:13:00 PM
From: aleta  Respond to of 18444
 
If you'd really been paying attention larry you'd know that hasn't been my only trade with either of these stocks. Sure it went to around $4, but it's now back to under $3. I still have made some money and still have the opportunity to make more if I choose to.
My point is not to brag, but simply state that if this is REALLY a great company then there is plenty of time to get on board, because this old boat hasn't sailed yet. And don't worry about me, I can jump on board real quick if I see this is the real deal.



To: larry who wrote (16103)11/20/1998 2:43:00 PM
From: aleta  Read Replies (2) | Respond to of 18444
 
Let me give you another example of why your way to invest is foolish from my perspective even if you believe in a company. I believe in a particular penny stock and have done this to increase my position without risking additional funds. The stock I own in it now is basically free because of doing this.

You say you own a ton of ZULU. Okay let's say a ton is 100k that cost you .11 per share that in a week you could have sold for .25 per share. It did happen that way recently. Had you sold your 100k you would have made enough to be able to buy back in at the current price of .125 on the money you had received and now own 200K of a company you really believe in. Trading in and out of a stock to improve ones position isn't a bad thing to do. It's a very smart thing IMO.