b.g., sandstuff, rocketman, mr.d., marc c., jane, juanita, mike, and the rest of the faithful:
sorry i did not get to post much today. i was extremely busy doing my real job.
i talked to a couple of stock loan dept. interesting... i asked if i could short 10,000 shs of dgiv.... guess what???...the answer from the stock loan depts. was ...NO...not a single share avaliable to short.
this is my best estimate, not for sure.:::::
there was a huge f?>{:"G short squeeze
its the only answer (there wasn't enough long buying to push @6 mil float up that much)
. either a customer (instituion, hedge fund, etc.) or a m.m. was SHORT and they were forced to cover over the last two days. obviously todays a.m. news was the last straw to break the shorts back and they blatantly forced to covered.
... obviously we had long sellers to match this and an equilibrim was met at around $4.
now it is time for a new base and additional info to create a new trading range and pattern.
MOST IMPORTANTLY: the fundamentals are still the same (STRONG)
and the company coming news and data will only validify what b.g. has been preaching....hold for the long run.
if you bought at $4 1/2 or higher then do yourself a great favor and average down... in the very near future you will be rewarded in a large manner.
good luck to all |
