Dawson Science (DWSC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Dawson Science (DWSC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John A. Paul who wrote (194)	5/25/1997 8:27:00 PM
From: Zeev Hed	of 397

John it is very risky business and I am not going to do what I am going to mention below, mostly since I am out of town in the next few days. I tried to do it early last week but did not get much out of it (a lousy thousand bucks). I am assuming that at least 10 MM shares will need to be dumped at prices between 5 and 7. I am guessing that the pump phase has only started and additional news releases will come in the next few weeks to keep the stock high. There is a gap between 3 to 5 that will eventually fill. If this gap starts and fill next week, I would put an order to buy at around 3.25 to 3.5 and as soon as the order fills I would put out a GTC order to sell at between 5.75 to 6.5. The spreads are large, but the volume is declining, so it might be quite possible that the pump crowd have failed in their mission to get the volume into the million shares plus range to entice buyers. If they succeed the strategy might work. Be very carefull and cut your losses (mental stop loss at about 2.875) since the full pump phase may never materialize. If they do not succeed in pupming, the REG S bandit will be satisfied with whatever they can get on the short side and take their 20% arbitrage gain only, if that is what they can get. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next