DRGI (Diversified Resources Group) Message Board

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Microcap & Penny Stocks : DRGI (Diversified Resources Group)

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To: LANCE B who wrote (547)	7/30/1999 6:36:00 PM
From: Jim B	of 818

Thanks lance... glad i bought more.. sometimes it's easy to get caught up in a downwind stampede and everything suddenly turns emotional and you forget the DD.. clearly this stock can move up or down very nicely on good volume and so we know the stock can move... when buyers come back in monday after realizing there wasn't truly a need to sell.. then stock will move back up.. tell me this is at $5 stock and I'll say sure.. company is worth that much.. at .12 or .15 or .20 ; definately undervalued.. we should be around 60cents.. which would make it still a penny stock and with penny stocks goes some uncertainties and usually bad histories.. you all want a SOLID stock.. go buy IBM or BMY or MSFT... or AOL as it's under $100/share.. but these stocks won't double your money in a day or week... but you won't lose much if they go down.. so it's a trade.. but i take it most here want the quick BIG gains.. and so if that's what you want to shoot for.. gotta play with the big boys.. do the DD... and if it seems undervalued.. though still a penny stock.. then it probably is worth buying.. is there anyone here that thinks a 12cents to 75cents stock should have a flawless storyline with it? The reason this is a penny stock is because it's past is shady and it's future is questionable.. we're all gambling on whether they can turn things around or not.. if we've got a merger coming up... some contracts... a HIV product.. land deal which was CONFIRMED already and some buying power to make it all happen.. then this is as clearly a buying opportunity as it was the other day at .12 - gotta run now.. maybe someone wants to post this on Ragingbull... if not, I'll do it later. jim

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