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


To: MR. FISH who wrote (45920)7/6/1999 11:34:00 PM
From: woody  Read Replies (1) | Respond to of 50264
 
Hopefully we aren't NUTS for buying and holding so long!

Hello Kybelle!



To: MR. FISH who wrote (45920)7/6/1999 11:39:00 PM
From: bullmarket  Respond to of 50264
 
action the last several trading days would suggest something significant is happening, IMO. This stock was having low volume days until volumes suddenly jumped to 560 K and 1.4 MILLIONS shares last week.I do not think the jump in volume and price was due to daytraders. Daytraders are attracted to running stocks, but DGIV was not running (actually the price was slipping down a bit on lowish volumes until last week!), which made the jumps in volume and price even more impressive.Of course, daytraders did come in when the stock was running, which caused the price to go up even more and then come down briefly after the run up. The interesting thing, however, was that the price recovered after daytraders'exit with even more accumulation the last couple of trading days.

Since DGIV does a lot of its business overseas, it may be tempting to speculate that a big part of the accumulation may be due to overseas investors who know about the company and what it is doing in their parts of the world.Either that or someone with "deep pocket" is interested in buying a big part of a young company that may be making its marks in the global IP telephony game!!!!