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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: saltbox who wrote (262)4/22/1998 10:03:00 PM
From: Moonglow  Read Replies (1) of 3086
 
Saltbox,

While I'm busy thinking of theories, I thought I'd throw another one at ya.

A couple of times it has been said that there might be a news release this week regarding financing. Well, financing is certainly nice especially for a company with no sales or revenues yet. Because it means that someone somewhere believes enough in the company to put up hard-earned dollars.

HOWEVER, usually they put up those hard-earned dollars for a price.
Meaning they say...."Ok, I'll give you x million dollars if in return you give me x number of shares at such and such a price." And usually that price is lower than the current price.

And then usually the stock price drifts towards that price. So....I'm wondering that if JAWZ did get some new financing if that is perhaps why the stock price is drifting lower. It'll usually drift down to the level of the financing and then "the powers that be" will let it go back up.

I don't know. Just another theory. But since I think that it's a given that this stock isn't going to do anything until the promotion begins, we might as well bounce theories around.

I'm not as frustrated tonight. Last night I thought I was going to SCREAM!!! You see, at the beginning of April, I liked JAWZ and DGIV equally, and so I allocated equal dollars between the two of them, because I honestly believed that both stocks would do very well in April, especially since I had been told that the promotion would begin in April.

Well, I think you all know the answer to that. Last night it just seemed to me that DGIV would be EXPLODING today (and it did) whereas last night it seemed to me that JAWZ would go lower. (And it did).
All I could think of was HOW MUCH MORE MONEY I would've had if I had not allocated 1/2 of my money to JAWZ. And it also frustrated me that if I had just stayed with only DGIV for the entire month of April that I could've owned many, many more shares of JAWZ than what I do own.

But then I decided that hindsight quarterbacking can drive one nuts.
I have much more money in April than I did in March, even with JAWZ dragging me down a bit....and I still have May to look forward to with JAWZ AND DGIV!!!!! LOVE that DGIV!!! Someday hope to love JAWZ too! Also am still intrigued by Vetta. Life is good.

Juanita
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