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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?


To: jef saunders who wrote (6182)12/13/2000 1:38:18 AM
From: Cal Gary  Read Replies (1) | Respond to of 14101
 
we're in the 3rd down wave which we are hoping will be short

So hang on to your shares!

What am I thinking with my last two postings?

A new profile on DMX. I suspect:

1) that there really isn't that much free trading shares available. Much is already closely held.
2) not many buyers out there either. DMX is relatively unknown. No brokerage following, etc Then whose buying? Perhaps traders (systematically getting more shares), smart money, ???
3) Traders with large positions can easily influence the price. Look what TD did recently with 100K offer, a bit on the extreme side. Tree shaking is relatively easy but done more tactfully by others.
4) from TSE's top 20 Short report, DMX was never shorted more than 2MM shares. In other words, it never made the list. In order for a short to register, someone had to buy the shorted shares. Joe's drip bucket tells how trading really happened.
5) accumulation is taking place, daily basis buyers market. Perhaps, the mystical smart money.
6) those who watch the daily trades, know who the consistant buyers are. One day I expect to see major league crosses by each of these houses.
7) EDIT: The chart is being masterfully painted, titled "mis-direction" or "deception". Cool names, eh?

I hope more funds come on board soon. They will soak up the 'free trading' shares quickly. Then those who control the shares will think twice before using their shares as tree shaking bait. Then TA says demand is greater than supply and this time price will move the other direction.

What do you guys think? Am I out of my tree? Or on the wrong wave?

Good night.