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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: Richard B. Haenisch who wrote (5331)5/12/1998 3:24:00 PM
From: elk  Read Replies (1) of 50264
 
Rico, good point about the control element. The funny thing is that someone who does not follow this stock closely, will come home tonight, or during the day which could have lead to some of the sells, see the news release and the drop, and assume that it was a 'Sell on the news' scenario, which is not the case, IMO. A sell on the news usually has an instant negative reaction, and the heaviest volume, immediately after the release. That would have meant a big drop at the open, instead of this slow erosion. Also that would mean that the price was somewhat held up by the anticipation of this release. However, this one, thankfully, was not 'pre-released', in other words anticipated, so to say that a dissapointed reaction was a concern over the lack of substance in this release, ie contracts, rev.'s, caused a drop, would definitely be mis-leading. The action today is probably one of the more interesting days in the past month.

Man I love this game!

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