Dragon environmental----drev Message Board

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Microcap & Penny Stocks : Dragon environmental----drev

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To: Gary S. who wrote (348)	6/30/1999 1:33:00 AM
From: Loren S.	Read Replies (1) of 372

If you read the Raging Bull board, which was very active today, you'll notice that at least half the posts were naysayers. A few admitted selling into the rise. With that much negative information coming forth it is not surprising to me at all to see a lot of selling today. I might imagine a whole lot of folks getting into this stock early this morning thinking they had a big runner on their hands. Then they start reading all the bashing going on in Raging Bull, along with the price topping out at $.10, they start getting nervous, and bang they are gone. I don't think the selling is hard to figure out at all. What I am trying to figure is the buying. Did it come entirely from the hype of a penny stock picker and some spamming or does somebody know something? There were quite a few large buyers coming through later in the day. Could be a good sign for tomorrow morning.

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