Here are my two cents.
Yes,
I reported the IBD article was paid for. And since I don't subscribe, I can't guess what it will look like. However, I think another person clearly stated that most of the "articles" on the page are surrounding by "advertisement" on both sides.
However, I posted this at 1:45pm EST yesterday, and the stock did absolutely nothing on that news until the final 20 minutes of trading.
Therefore, whatever impact was felt by my report should have been absorbed into the market yesterday and early morning today.
Obviously the impact today, thus far, is the stock will go UP.
Therefore, I rebought some shares today that I sold yesterday
(because you never know how the market will react to these things -that's why I kept half my position as well -sometimes the market shrugs it off -sometimes the market panics)
People are right on the money. We aren't buying/selling Liberty Cap stock.
We are buying DGIV.
And DGIV has a signed contract with that European group that is going to send DGIV $1 million in minimum phone calls per month.
I emphasize the word "minimum".
When I told Jo Elkins I heard a rumor that the CEO was down in Indonesia, she said yes he is, and he's out there signing contracts.
I referred to the 1/20 news release on DGIV to see what was going on down there in Indonesia.
DGIV does plan a news release by the end of this month as well.
Could it be Indonesia news? I can only speculate. But that's what I do with companies whose stock I buy: SPECULATE.
So the question is, wouldn't this even be a buy without anything showing in the IBD?
A resounding yes.
However, I think it makes sense for Liberty Capital to at least pick up an issue of Investor's Business Daily so they can see what they are purchasing. Eh?
DGIV 1.218 X 1.312
Good Trading!
-DavidCG |
