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


To: HRAKA who wrote (1672)4/1/1998 6:34:00 PM
From: joe  Read Replies (2) | Respond to of 7703
 
to answer your question.... the market makers m.m. did most of it...they were jumping over themselves to cover.
why?
i have a call into a big Wall street house stock loan dept. to see if there is a customer short or if it was just the m.m. who undoubtedly went home short last night around the $1 7/8 area. (thinking they would be able to cover cheaper in the a.m.) NOT !!!!!!!
they had buyers of size this morning (mostly thread readers i think on marc c. vegas news) and realized they better cover or take a huge possible loss. additionally, there was not much stock for sale....everyone is holding the stock (thanks to b.g. d.d.) thus creating no selling for the m.m.
looks like a buyer of size at 2 1/2 (you know who you are... sorry the m.m. screwed your ticket)
with this ticket........not a chance of the m.m. hitting and bringing in paper and as a result they wanted (or possibly forced...will find out in a.m.) to cover by the close. thus resulting in $3+
p.s. we haven't even gotten any news...when this happens look out.
my may 1 stock prediction looks conservative (see earlier posts)

they will probably open this up at least 3 1/4 to 1/2 and then try to do the old HEAD FAKE...DO NOT SELL INTO THIS IT IS GOING HIGHER.
GOOD LUCK TO ALL + THANKS TO ALL FOR THE D.D.

time to go watch the wings kick the avalanch's ass!!!!!!!!!!!!!!!!!!!!!!