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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: Carol Ann who wrote (3136)5/5/1998 10:42:00 AM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 50264
 
They won't have large accounts very long if they keep this up..

Folks remember, I typed, one day we could be halted with news and then re-open at an entirely different price?



To: Carol Ann who wrote (3136)5/5/1998 10:43:00 AM
From: MARK C.  Read Replies (1) | Respond to of 50264
 
Maybe, But if they don't cover REAL SOON their bank accounts ain't gonna be very big when they have to buy to cover at 10,20,30,40,50,60,70,80,90,100



To: Carol Ann who wrote (3136)5/5/1998 11:39:00 AM
From: HRAKA  Read Replies (1) | Respond to of 50264
 
Carol,
This is true, but mm's don't won't to be caught short on an upward explosion. They can be forced to cover, by their boss, investment partners, or enough of the float is removed by calling for your certificates. If they are short, their accounts get smaller as the price rises. Also the company can get a DTC report to determine if an
mm is being abusive, and then do a share buy-back (much like DGIV just did a couple of months ago).
hraka