Just my opinion on the current state of affairs at dgiv...
It should be obvious to all that shareholders as well as on-lookers are feeling down on DGIV as of late. Share price has plummeted as rapidly as it shot up only a couple of months ago.
If look back to my early posts, I warned about the rapid price rise to $8 and the fact that we needed to shake out the weaklings in order to form a new and healthier base to build strength from. Well, I didn't expect nor want the shakeout we got. Unfortunately, the Law of Gravity applies to everything in life: whatever goes up comes down. Worse, in the otc's, what goes up usually comes down even faster.
This is now water under the bridge and I am not bringing it up to be an "I-told-you-so" but to point out that it shouldn't have been unexpected.
Many of us got caught up in the enthusiasm and held on when we probably should have sold at the $6-$8 levels and then bought back in the drop. Of course, we all know hindsight is 100% correct.
We all know the reasons why DGIV is where it is but, especially for new or potential investors, I will summarize them:
1. DGIV failed to support the $6-$8 price levels with substantive financials, contracts, and expected revenues. Realistically, we were not an $8 stock and should never have risen to that level in the first place.
2. DGIV remains an unlisted company.
3. DGIV has not released new contracts that demonstrate clear cut financial returns and revenue streams.
4. Shorting DGIV has been the norm rather than the exception.
5. Market Makers have been manipulating share price since the beginning (common with OTC issues).
6. Current financial crises and possible devestation in countries DGIV has secured K's with.
7. The $6-$8 price highs were too high and unsustainable in the OTC market.
8. Mass hysteria and negative investor pathos has overidden the positive effects of existing shareholders.
9. Absent substantive news, bashers and naysayers have fertile ground to launch their unfounded innuendos and negative comments causing further fear and anxiousness among current and potential investors.
What we have to keep in mind is that for every seller there is a buyer, either current or a new one.
For what it's worth, I want everyone to know that I remain unswayed in my loyalty, belief, and commitment to DGIV. Yeah, I would like the share price to be back at the $8 level or higher like everyone else. But I understand the fundamentals of our business and I know where we're heading down the road.
Absent substantive and material news, we should expect the price to be dropping. A study by the University of Florida Business College found that over 90% of all OTC stocks that have a big and sudden rise drop below the original IPO price within five years. Scary!!
But is it reason to jump ship? I think not. Here's why.
DGIV is not your typical OTC stock. Yes, it's plagued by many of the same calamities or shortcomings as any other OTC- lack of funds, failure to report numbers, hard-pressed to keep fresh and exciting news coming, etc etc.
But, DGIV is NOT like other OTC stocks in that the foundation that DGIV is laying today will drive significant rewards in the future. That's what DGIV is all about. Like others have said, this ain't about the lottery. It's not about the jackpot at Vegas. It's about a real company that is doing real things to build a solid future for itself and for its shareholders. If it will help, take a look at the full stock charts of even the biggest companies in America. You will see that they all floundered in share price in their earliest days, even the BIGGEST!
What's more, look at the chart of any single listed company (amex, nasdaq, nyse) and you will see that there is not one single stock among tens of thousands that has not had significant price dips/corrections in their history, more than likely at least several times.
So, what we are experiecing now with dgiv, although dismaying, is NOT cause for any particular alarm. It is natural. It should be expected. And most importantly, should not discourage anyone to sell, especially at a loss. It's foolish.
I think another thing that should be addressed. I just got an email from someone telling me they were bailing out this morning. Well, so what?
Selling and buying is perfectly normal and healthy. We should not be afraid of it. Rather, we should welcome it. It's fertilizer. There's no logical reason to fall in love with any particular investor and feel threatened if that particular investor sells out. The market does not know or care who the individual investors are. |
