With the Dow and Naz being hammered, DGIV is actually a pretty good shelter from the storm :-) One good thing about being way undervalued is that they can't undervalue us much more, and when they start valuing us, look out above! I guess with a bear market looming, when we get listed we may not be able to compare ourselves with IDTC's price of mid-30's, we may have to content ourselves with its current 16 bucks or so, darn darn. OTOH, with stocks like DGIV, IDTC, LVL3 and others oversold, who knows what will happen when the trend reverses?
The funny thing is how the MMs try to play investor psychoogy with the overall market swoon, by trying to walk the DGIV price down in spite of the buying coming in. That may have worked before Level 2, but with so many people knowing what is going on, it is harder for them to fool us. The might walk it down, but it will be at their ultimate cost. They can't keep selling shares cheaper and cheaper, without at some point having to buy them back more expensively. The only way their strategy would work is if DGIV delayed their financials, SB-10, etc, for a very long time. Pretty dangerous risk they are taking, if you ask me. |
