REREAD MACKER'S POST LAST NIGHT, EVERYONE:
As was stated last night, liquidity is important. A significant amount of shares has been (and is continuing to be) accumulated in VERY STRONG hands.
We all KNOW DGIV is destined for the Nasdaq-it is a matter of WHEN, not IF. When it gets there, it will be mind-boggling to think of the number of institutions which will want DGIV shares! How will there be enough shares for sufficient liquidity , with shareholder value being increased at the same time (as a way to REWARD shareholders???) ...... A SLIT WOULD DO IT, OF COURSE!
With the number of countries DGIV is "visiting", we know a number of contracts will be forthcoming (Remember, Mr. Chin is a DEAL CLOSER, AS HE HAS PROVEN MANY TIMES ALREADY). Announcements of different contracts over a certain period of time will truly lift the share price up to the point where we can easily have a stock split, which will of course get more institution as well as retail investors into DGIV, which in turn will get the price up even higher!!! The ramifications are indeed ENORMOUS!
BTW, we should also consider the fact that somewhere along the way (soon, perhaps?), MMs who are "short"the stock need to "balance the book", meaning they have to BUY shares in the open market to cover. WOW!!!
Remember, Mms are desperate! THEY KNOW THEY HAVE TO COVER! if history is any indication, I would expect them to try to "shake the trees" again (after all, they ARE a stubborn lot-if not, why would they short DGIV in the first place?); however, when they realize the futility of this exercise, they will "give up"that tactic and will try to "quietly" buy back shares. An appropriate phrase to the Mms comes to mind: "Give up! RESISTANCE IS FUTILE!" |
