I agree w/ what Raymond is saying in the ,longterm...However,isn't this the Short term trading board!... below is a post from the yahoo board that explains it well.. sorry to do it this way but i am to busy trading..Please read this thoroughly and understand what mechanisms are in place! DYGND has seen a short retractment from its high on friday but is showing strength and will have a second run ... Why read Below!
From here on out, you'll be on your own! Please read page #12 of S-3 filed on 2/27/98, if you have not already. it may be found in SEC filings(SEE EDGAR ON LINE). " The co. is obligated to issue to former shareholders of Superior up to an additional 1,666,667 million shares if on 6/18/98 the common stock has not had an average closing bid of at least $3.00 for the previous ten(10) days." Other requirements if stock is not at least $1.50 as of the date! HELLO!!!!!!!!!! Also, stock needs to maintain price in excess of $1.00 to stay listed on the NASDAQ!!! HELLO!!!!! So, where do you think we are headed from here??? This is not a difficult game to play provided you do your homework and clean your room!!! The company and the market makers need to execute here if the big boys are to do well. AND THEY WILL! NEXT STOP- $1.50 to $3.00!!! You make the call!!! I'M SITTING ON 5,000 SHARES AND I'M BETTING ON $3.00!!! IT'S ONLY .30 CENTS PRE- SPLIT! SO, STOP YOUR WHINING, AVERAGE DOWN, JUMP ON BOARD AND COME FOR THE RIDE!!! I MAY EVEN GIVE YOU A HEADS UP ON WHEN IT'S TIME TO SELL. For awhile, I'll be on the sidelines doing my homework. You all, do the same!!! Make me proud & and make yourselves wealthy!!!! |