DGIV -- Good Prospects? Message Board

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Microcap & Penny Stocks : DGIV -- Good Prospects?

DGIV 0.00

Dec 5 4:00 PM EST

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To: RONALD H. RUST who wrote (83)	3/14/1998 11:25:00 AM
From: kentoo	Read Replies (1) of 7703

We all need to remember that this is a penny stock and as such is extremely volatile. I really dont know why the stock price has dropped so much. I would venture a guess that it has been ignored since its high. On the surface, most penny stocks look like up and coming companies with great opportunities ahead. That may be so with this company, I have not decided yet. If one decides to go long with a penny stock be prepared to see 200% paper profits disappear in days for no rational fundamental reason. Daytraders taking profits can kill any paper profits very quickly. The hint of scandal can destroy profits(NETZ, DFNL, etc, etc) even if the allegations are not proven and have yet to be resolved. Everyone runs for the door b/c everyone knows everybody else will. If the company is real and reporting, it can be very profitable to go long. Reporting penny stocks with profits will trade at P/E ratios accordingly. There is no hint of scandal with DGIV so we are safe in that respect. Most of us penny players already know above info and sorry for being redundant.

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