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


To: Richard B. Haenisch who wrote (2667)4/4/1998 11:36:00 PM
From: sandstuff  Read Replies (1) | Respond to of 7703
 
Rico, could you give us an education on the "float"?

If I am not mistaken, haven't about 3.8M shares traded over $3.75?

Do MMs trade shares between themselves and does that count as volume? Or, is it only shares traded from one investor to another?

Thanks



To: Richard B. Haenisch who wrote (2667)4/5/1998 1:22:00 PM
From: LT  Respond to of 7703
 
I like that $10 range idea.

Today a friend sent me some information on an Internet based stock that was taking off pretty well trading at $14. I noticed it had an EPS of -1.29 which isn't real unusual in that field of stocks.

DGIV at +.21 a share is already into making money. Although Liberty Capital is there to hype the stock the facts and figures are there for anyone to calculate the value per share using any method they might like and it always comes up substantially above $.4.00 share. That's my whole logic on purchasing it. It may take awhile but it will eventually rise to it's true value.

LT