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


To: Spytrdr who wrote (5380)4/20/1998 12:24:00 AM
From: jwk  Read Replies (2) | Respond to of 7703
 
LC -- if the mm's need shares, which seems likely, count on the possibility of them trying to drop down and steal stopped shares again.

If day traders and momentem players see this trend again, they might even sell quickly into it (short even?) to push it down as much as possible. Those folks are all looking at level II screens which allow them to see how much "sand" is piling up where on the trading teeter-totter. Those of us merely looking at real time quotes can see when the teeter totters ..... they can see when it is about to .... and in which direction.

If the Level II crowd can turn this into a trading stock (create a range & pattern) we may just have to get used to seeing the daily two-step & dip dance.

If you don't have a Level II screen, don't even think about trying to two-step with them. They'll steal your girl, your horse, and stick you with the tab to boot!