SI
SI
discoversearch

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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandstuff who wrote (5246)5/12/1998 10:51:00 AM
From: bobsrb  Read Replies (2) of 50264
 
If true that MM are short 1.8 million shares it means that for every $1 that DGIV gains they lose $ 1.8 million.So they decided to stop the momentum we had.Last monday we had 200000 shares more on the BUY side and we gained only $3/8. Next day tuesday, we again had 150000 shares more on the buy side and we lost $1/16.So MM killed the MOMENTUM we had.Momentum is what makes stocks like KTEL explode. If we continued going up strongly on monday and tuesday we would get more new people buying next few days and today we should be around $12( at least).By holding the price under $8 and pushing it slowly down they force some shaky shareholders to sell and also keep new shareholders from buying..So now we need really great news just to reach $8 again because they killed the momentum.A lot of people ask Byron and Mucker about forthcoming news because they fill insecure.MM made them feel insecure by making us go down in a week that had much more buyers than sellers. Sure on the long run it wouldn't make big difference but in the short run it hurts a lot of small investors.Make me really mad that their manipulation(roberry) is so obvious and we can do nothing to stop them. Regards ,Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext