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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST

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To: sandstuff who wrote (2045)5/2/1998 3:51:00 PM
From: macker  Read Replies (1) of 50264
 
sandstuff, i am sorry about the late reply. yep i saw your post about floats. let me reiterate an earlier comment i made about that:

1. a small float can mean wild price swings as well as artificially high or low share prices. ie k-tel. which by the way has had daily price swings as erratic as 35% in one day, people jumping in and out no stability.

2. a small float can also for all practical purposes kill momentum, much like our dgiv has experienced despite great news. you cannot create upward momentum with 100-500 share trades. the volume simply isnt there. yesterdays final volume was barely half of normal daily average volume, and that was with great news. the mm's are toying with the stock right now.

3. if you noticed on wd's post, several mm's have dropped out and several more havent traded since late yesterday morning. there will be probably less than 7 mm's and as few asa 5 by end of next week if not sooner. and eventually, there will be no more than 2-3 once the stock is listed and new mm is appointed. i wont even drop a hint here as byron and i have dropped probably 100 hints by now.

4. once the big boys get in the game you will see the stock fly up on huge volume for several days. remember it takes 3x normal daily volume for a technical breakout.

5. the stability we are seeing now is good and healthy for the stock even though the k-tel rise has not happedned. some are probably wondering why se didnt fly on yesterday's news, well i hope some of this explains it.

BTW jimmy should be in town on Monday, april was big, but remember what i said, May will be MONSTROUS!.

macker
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