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Microcap & Penny Stocks : DGIT - Digital Generation

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To: Andrew who wrote (5)7/17/1998 9:08:00 AM
From: Mike Maxton  Read Replies (1) of 44
 
And you're right, we all should be looking on how to make money, not fall in love with a stock.

I tried to short yesterday morning when DGIT was above 6, couldn't get shares, finally got 2000 shares around noon at 5.00. Sold half just before close for a quick $900.

Looking to hold the other 1000 shares until this drops to under 3.50.

I don't have anything against this company either, actually don't know very much about it. I took a quick look at Briefing.com, read the latest quarterly reports on Edgar, read the news about possible delisting, noted that they hadn't made ANY money since inception in 1991, and figured here was a good opportunity to pick up a couple of quick points on a short.

mike maxton
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