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Microcap & Penny Stocks : DACQ - Here we go again?

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To: dch who wrote (3191)9/19/1997 6:42:00 AM
From: Don Lachot   of 3501
 
Hey guys, I have watched this stock for about 2 years now. I have been in and out. I have never done any research since I'm a momentum trader. Traders don't care about fundamentals. Traders buy when a stock is going up for whatever reason, and sell when it is going down. In other words, traders let the stock movement tell us what is going on. That is exactly how I have played this stock many times now. I have made and lost money on my DACQ trades. I'm currently holding DACQ as a trade. I think we have seen the bottom. There is something going on, it is unclear as to what, we can only speculate. Maybe the shell has or is in the process of being bought by a legitimate company, and the ones in the know may be accumulating now, while the stock is almost free. Maybe not, but anyway, stock is on the rise from the bottom of the chart, with the normal pullbacks, and I'm a buyer here. Will hold a few months and reevaluate. Maybe I'll get a 10 bagger or more if I'm right. You gotta throw darts to ever hit a bulls eye. I'm a thrower here.
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