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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS)

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To: H-Man who wrote (417)6/6/1998 12:18:00 PM
From: hoffy  Read Replies (2) of 1084
 
I love the idea of people banning together and all buying one or two stocks to get it moving and drive the MM's crazy. However, this strategy is great for the early buyers who can ride the wave but what about the people who bought in late. If no news comes out, there will be little buying pressure now and some will get nervous and start dumping their shares for a 25-50%gain. This strategy needs news to work and keep others besides just the people who read these boards buying the stock. If we do get news on DIXS I agree we'll see a fast rise because there won't be many shares to buy out there. But with no news I am afraid the stock might drift down slowly and painfully. I still hold my shares and hope news comes. If it doesn't don't be surprised to see the price erode somewhat. But the next news will send this soaring.
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