DGIV -- Good Prospects? 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.

Microcap & Penny Stocks : DGIV -- Good Prospects?

DGIV 0.00

Dec 5 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Secret_Agent_Man who wrote (799)	3/26/1998 5:17:00 PM
From: joe	Read Replies (3) of 7703

to mr.d., b.g and all, mr. d wasn't fibbing he bought 20k at 1 5/32 and 30k at 1 3/16. one market maker sold ( most likely shorted majority of stock) to mr.d at these levels. It was alex.wescott. this guy has balls, he shorted a ton at .31-.35 and then leaned on it to .18.20 area a few weeks ago. i watched the whole thing. From the prints i saw he is definetly short some dgiv. two scenarios #1. he could have been working an all or none seller at 1 1/8 for size (ex.150k +) however he didnot print this stock so i dont believe this happened (he would have wanted to print the stock today and capture the profit). If you are asking yourself how stock could have been trading higher and a customer was trying to sell size at 1 1/8 it is b/c of an all or none order. this is the worst kind of order for a client to put in b/c it has no standing w/ the m.m. on the book they can literally sell stock higher at no risk and print you (at a profit to them obviously) when they want too. i dont think this happened today. scenario #2 more likey this m.m. is short and barring no news will try + wait till about 10 am est and then start hitting bids and trying to force the stock down to $1 where he will try to bring it in on instanet or capture panick sellers. ************ if you want stock put limit orders in at 1 1/6 to 1/5/32 area tomorrow this m.m will find nothing but buyers and get stuffed when he comes to hit the other m.m. good luck to all.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next