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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Jane4IceCream who wrote (45907)7/6/1999 8:37:00 PM
From: Ronaldo  Read Replies (2) | Respond to of 50264
 
"The tape doesnt lie."....The tape might not lie but the MM's that jerk around with it do, so for all practical purposes....OTC-BB stocks cannot be shorted..but then they are...but the tape does not lie....

Any long, or any honest person, that has followed this share will tell you that you need 3, 4 or 5 or more times as much "effort" -buys- to send this share up than to bring it down -sells-....even if the tape lies, or does not lie or tells half truths...

I am amazed that you don't mention that the share was brought down on thursday from it's $2.34 "peak" to the $1.50 "valley" with some 60,000 to 80,000 shares (I don't really remember, but it was not a big number)...but the tape does not lie...

At the core of the buying during the past days there seemed to be investors willing to buy a piece of DGIV. Day traders, momentum players, shorters etc were not more than flies and mosquitos buzzing around.

I do have a problem with getting exited about opportunists generating distortions in the share price on the up or on the down. At present I am unable to see my advantage in this.

Meaningful for any person holding DGIV is IMHO, the possibility that a millon or so shares were probably taken out of "circulation" by investors wanting to own a piece of DGIV. I can see my advantage in this....