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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (2291)7/1/1999 5:25:00 PM
From: Shotluck  Read Replies (2) | Respond to of 2303
 
In response to message about 5 cent price. From my recollections this stock seems to go up and down on a fairly steady basis. Have gotten in and out twice and made a few - repeat - few dollars. They do not respond to emails or phone calls, no SEC reports and nothing definitive about them - except there seems to be a regular cycle.

Usually 5 to 8 cents up to around 22 - 24 cents cents and then back down. Never any good reason for swing in either direction. Volume seems to be heavy at that time - (the upswings) - but as I said - no logical reason for it.

Just figure someone needs a little extra pocket change and has the ability to cause it to move when they want to. I'll probably buy a few more shares and wait until I double my money and get out again. would bet it hits at least 20 cents by Memorial Day. Have to watch it on a daily basis tho - because you never know when these unexpected upswings are going to occur. Another stock that does the same thing is SFTH. Only it is in the 2 to 6 or 7 cent range.

The only thing they have in common is Darryl Peterson. Think he the Chairman of the board at Safetech (SFTH) and is an "advisor" or "consultant" to DBDY. Used to follow him - but when you can take the stock of a company from $3,00 a share in June of 1996 down to the 1.5 cent bid today decided it time to follow someone elses advice.
So if you happen to know of any penny stockmarket "gurus" with a successful batting average let me know.