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Microcap & Penny Stocks : DRGI (Diversified Resources Group) -- Ignore unavailable to you. Want to Upgrade?


To: Chris B. who wrote (88)7/28/1999 12:08:00 PM
From: InOverMyHead  Respond to of 818
 
The shares don't have to be restricted. That is the reason why I am staying out of this stock for now. I think it could be a good play, but there are a couple of important unknowns or unsures out there.

IOMH

Good luck longs!!



To: Chris B. who wrote (88)7/28/1999 12:11:00 PM
From: Jim B  Respond to of 818
 
common sense: if the float was HUGE... freetrading float then this stock wouldn't be able to move up a fast as it does..

most shares are likely restricted or held tightly.. we can draw conclusions that with the extra shares that they should they would issue for acquisitions have been issued meaning deals are done..

I'll be we see a bombardment of good news over the next several days.. along with some VERY impressive coverage from OTC newsletters

if my calculations of 90cents/share on 82million shares outstanding (i dont think there are anywhere near that many .. but just in case.. figured high) then somebody tell me otherwise.. i only factored in the PR today and the PR on monday..

any new deals will just make the stock worth that much more..

i agree with MrMetals.. amazing!

still waiting for MMs to show the base support and then going to hit them with all the cash I have left

jim