DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! Message Board

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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!

DGIV 0.00

Dec 5 4:00 PM EST

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To: risk-averse who wrote (6696)	5/17/1998 5:38:00 PM
From: Richard B. Haenisch	Read Replies (1) of 50264

WAIT JUST A MINUTE EVERYONE>>>>>>>>>>>>>>> I have been reading over 150 posts this morning and they all have been extremely informative and positive, but I would like to explain one MAJOR MISCONCEPTION pervasive among the posters on this thread.... Market makers are NOT I repeat NOT the ONLY reason why we are where we are! Before I am vilified for that remark, please hear me out: Most MM "short" shares in a stock that they believe is "completely" overvalued or ahead of itself. MM "love" to short shares during the day when a "BUYING FRENZY" creates a "huge" price increase. e.g. For those of you who followed PNLK over the last couple of weeks (especially last week)you will remember Wednesday when all hell broke loose and the stock "catapulted" from 4 3/8 to 6. Well, I am sure you also remember that for a 1/2 hour period over 68,500 shares were purchased at $4.999 a share, at that point the MMs bought shares (for the same price of course, why would they charge each other a higher price) and SOLD them back to FRENZIED buyers at a much higher premium. MM need "high volume" interest in a stock to create this - WE HAVE ONLY EXPERIENCED THIS KIND OF FRENZY THREE TIMES IN THE LAST 45 DAYS ! CHECK IT, from $3 - $5 1/2, then from 6 1/2 to 8 and then (on the other side) from 7 1/8 down to 5 3/8 - all times when the mm had a field day (two other drops were big block buying related) GRANTED, there WAS a huge short position held by MM mid-march (most of it covered beginning april)but I seriously doubt that any of the MM have established a BIG "short" position at this point. (Byron may disagree with me) THEY WILL NOT GET CAUGHT AGAIN - BELIEVE ME !!! THE only time you will see the MM short DGIV now is throughout the day for a 1/4 here or an 1/8 there, or on a day when Jimmy Chin will announce another great contract and a BUYING FRENZY is created again. PEOPLE - what we have created here is such a powerful stronghold on DGIV shares, that the MM can't make anywhere near the money they make with other BB stocks like PNLK. When posters mention that we need NEW blood (buyers) they are absolutely correct, but that is something I am surely not worried about with all the events about to take DGIV into another SPACE AND TIME!!!!!!!!!!!!!!!!!!!!!! RICO

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