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Microcap & Penny Stocks : DGIV -- Good Prospects?
DGIV 0.00Dec 5 4:00 PM EST

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To: Secret_Agent_Man who wrote (6577)4/23/1998 3:02:00 PM
From: HRAKA  Read Replies (1) of 7703
 
EVERYONE,
Please understand. MM's have to sell shares on market orders whether they have inventory or not. This is what causes squeezes.
The demand greatly exceeds the supply and the mm's are FORCED to short. The price sky rocket's and the mm's are forced to cover, the GOOD daytrader's jump in and duke it out with the mm's for shares. This causes HUGE swings in both directions with the price rising ever
higher. Evetually the company will issue a split or more shares (the SEC will force them to) and the battle continues. Study IOM a couple of years ago if you'd like to see what DGIV has the potential to do.
Think about this:
We here hold probably 50-75% of the float. When this stock becomes marginable we all double up. This creates phenominal buying pressure. When we hit NASDAQ "big money" will look at us. This will
create phenominal buying pressure. The float is small, where are the shares going to come from? The mm's will be forced to short and BAMMO! Look at IOM and think about it.
Hraka
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