Hello Doc,
Yes, you are absolutely right. DGIV was the "darling" of BB stock investors for a brief period of time.
I still own all of my shares (55,000 which I certainly am not proud of). I do disagree with your ascertion, however, that it was a "pump and dump" scheme. (it certainly was "overvalued" at $8, to say the least).
MTEI was a "true" pump and dump scheme - not DGIV!
Doc, the experience with DGIV, MTEI, INFE and DIXS left a BAAAD taste in my mouth for BB stocks!
I do believe in the power of the internet and the power of the human emotions "greed" and "desperation"!
With these unprecedented events over the last few months (internet mania), we have entered a whole new era of investing...and I, for one will not be left out!!!
There are millions of $$ to be made, the internet allows us to partake in something that was previously only open to the "insiders".
The "everyday Joe Schmoe" can now become wealthy, OVER NIGHT, through some diligent research and timing!
No longer does one have to "hope" for 10 - 15% returns per year and God willing retire with a decent nestegg at age 65!
We can DO something about our financial situation, all it takes is the right stock at the right time with the right amount of money!
THAT IS THE LURE HERE, DOC!
FOR ALL OF US!
AND MARK MY WORDS...IT WILL ONLY GET CRAZIER!!!!
Happy investing everyone!
Rico
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