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


To: Secret_Agent_Man who wrote (6577)4/23/1998 2:51:00 PM
From: Brooke Geiger  Read Replies (1) | Respond to of 7703
 
Ok...

If the big boys want some of our shares..then they should raise the price to where we might (and I mean might) want to sell.....I like Juanitas number...let's start the bidding at $40...any takers?

Brooke (Taking a break from finance with bunny slippers on =) )



To: Secret_Agent_Man who wrote (6577)4/23/1998 3:02:00 PM
From: HRAKA  Read Replies (1) | Respond to of 7703
 
EVERYONE,
Please understand. MM's have to sell shares on market orders whether they have inventory or not. This is what causes squeezes.
The demand greatly exceeds the supply and the mm's are FORCED to short. The price sky rocket's and the mm's are forced to cover, the GOOD daytrader's jump in and duke it out with the mm's for shares. This causes HUGE swings in both directions with the price rising ever
higher. Evetually the company will issue a split or more shares (the SEC will force them to) and the battle continues. Study IOM a couple of years ago if you'd like to see what DGIV has the potential to do.
Think about this:
We here hold probably 50-75% of the float. When this stock becomes marginable we all double up. This creates phenominal buying pressure. When we hit NASDAQ "big money" will look at us. This will
create phenominal buying pressure. The float is small, where are the shares going to come from? The mm's will be forced to short and BAMMO! Look at IOM and think about it.
Hraka



To: Secret_Agent_Man who wrote (6577)4/23/1998 3:21:00 PM
From: dgivinvestor  Read Replies (4) | Respond to of 7703
 
BY NO MEANS SELL!!! I'm just trying, unsuccessfully I guess, to tell people what the inevitable is. People will sell. People will make some good money. And new people buy when others have sold. It's a two way street. Buying and selling helps the stock price over the long haul. The price can't move up if no one sells. I know it's probably peculiar and that's why everyone's got their rear end up at me, but I'm just telling you the way it is, not the way your broker tells you. Sorry for the reality check. BUT I am not telling or suggesting that any of us sell. Believe it or not, people DO own this stock outside this thread.