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Microcap & Penny Stocks : DGIV -- Good Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: LaShark who wrote (422)3/19/1998 10:30:00 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 7703
 
Chris, you got that right. There is a lot of wishful thinking on the part of traders who sold today, thinking they will be able to get back in at cheaper prices. The MM's did not take in all those shares to let them go at a lower price c'mon. Remember, with the entire float turning over in 3 days we have a new breed of players.

I distinctly remember when FTEL made it's run back in October, and people were selling and waiting for the DIP that was fleeting at best as it rocketed to it's 52 week high of 10-1/2. A difference between the two companies was FTEL was only at the threshold with it's technology while DGIV has arrived and Has a $60-Mil financing agreement, Revenue stream agreement and a Recent aquisition to strengthen it's Far-Eastern growth. None of these type of deals were in place when FTEL went to 10-1/2, so we could be headed in that direction.

bg



To: LaShark who wrote (422)3/19/1998 11:23:00 PM
From: DADDY WARBUCKS  Read Replies (3) | Respond to of 7703
 
Chris, I beg to differ. Price predicting does matter. By no means am I an expert, but I do know that good traders know about where they will get in and where they will get out. Ahead of time. The best traders can notice that they were wrong and alter those prices.

I took profits on a partial position today. If it goes down I have a cushion. If it goes up I am still in. As far as the long term goes, I don't know, because I won't be there to see it. Penny stocks are not investments. They are speculations. Ride the wave and say goodbye. FTEL and SYCR are fine examples of this.