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

To: woody who wrote (9754)	5/30/1998 10:27:00 AM
From: bullmarket	Respond to of 50264

agreed,woody regarding MM ability to influence the price of stocks, particularly those on BB ,WHERE MM ACTIONS ARE NOT AS "REGULATED"! By keeping the price relatively the same despite MASSIVE buying, Mms can kill the momentum of a stock (that happened to DGIV about 3 weeks ago at the $8 level-I am not exactly sure on the dATE, But it was Monday/Tuesday, I think). Conversely, by taking the bid down after each sale, MMs can also kill stock momentum and cause more panic, inducing more sellers to sell! HEnce, MM can DEFINITELY influence a share price-Of course, over the long term, the fundamentals win out. However, in the short-term, a stock price may not reflect the fundamentals 100%; it also reflects momentum, which is controlled partly by MMs.

To: woody who wrote (9754)	5/30/1998 10:49:00 AM
From: risk-averse	Respond to of 50264

I'm joining you on Monday, Woody. Furthermore...... Nothing has changed with the company and there has been no substantial news for about a month. Why? IMHO, they are setting the launching pad for the next wave of announcements and the next support level. IMHO, this talk about the listing and so forth attracted many day traders, and their leaving, combined with some sellers of dgiv to go into infe or icvi, as well as mm's end of the month games, led us to drop some yesterday. When will they all return? Next week. Why? JC is a VERY SMART man and he sees the action of the stock and the mood of the investors. He is the master of timing and just when you think all is quiet.........Kaboom! He knows that people need some instant gratification, or else they loose faith. That is how the majority thinks, but by no means all investors. It is no revelation to those on this thread that NEWS MOVES, and if there is anyone who knows that best, its JC. We have seen this over and over again. In regards to Mr. Denton's comments- no surprise that some will surmise the worst intentions by the leaders of this thread. If I were new to this thread, the scenario that Mr. Denton puts forth is a real possibility. However, I and many on this thread have never and will never question the integrity of our leaders. It is highly highly unusual to do so much work for such a long period of time on a single company, and then harm the company in any way. So, why do our leaders do this? Mr. Denton surmises that our leaders sell on the news. I speak to many of our leaders and their sincerity is impeccable - you have my word on this, and I cannot say more. For those new to this thread, look at the companies that this group has supported and ask, would we be supporting any company that we have not done the utmost dd? would we be supporting any company that we have no intention of HOLDING for a LONG time? would we be supporting any company that has no potential of GROWTH? The answer to all these questions is a simlple NO. So, we have been accused of being sycophants. We are not, we are SUPPORTERS of great companies and the enthusiasm that we display should not be misconstrued as anything but.

To: woody who wrote (9754)	5/30/1998 11:19:00 AM
From: Lazarus Long	Respond to of 50264

Woody, yes, yes, yes! That MM's are all to blame for price drops is an overly simplified way of looking at things. Likewise, blaming all the dips on folks selling is just as naive. The MM's are charged with making an orderly market. They are expected to make a profit while doing this. Thus, they will slow the upward movement on the release of good news and high demand of the stock. They will go short to provide liquidity to the market place (and in the hopes of making a profit later) and in an effort to smooth the spikes. We saw this very clearly in the rise in price of ICVI on Thursday and Friday. At times, they will get caught in a position where there is high demand and no more shares in the effective float and yet, are unwilling to short further because they stand to lose a good deal of money. In this case, the price will skyrocket. INFE with its notoriously small float is a prime example of this behavior. They can hardly be blamed for walking the price of a stock down in order to cover short positions when the opportunity is given them. We had, in DGIV, folks come in, expecting news. I seem to recall a post that indicated that we would get a lot of daytraders on Monday due to the news expectation. When the news did not come out, many of these daytraders fled the stock for greener pastures. The walk down occurred and could/should have been expected when the news did not materialize. You are right, in the past, we have been able to slow the walk down due to our willingness to further invest in DGIV. But, we have a limited supply of funds. Many have invested substantially in this stock and they feel it is not wise to throw additional funds into the pot. That may be due to the fact that they have no more investment money, they want to preserve their diversification or because they have taken funds to other stocks recently. It doesn't really matter why, just that it is a phenomena that is occurring. As an aside, we have been propped up by those that are newly vested in DGIV (I believe mainly due to our visits to our sister planets). Regardless, of the day-to-day fluctuation, what really does matter for investors (I like that term as it applies to us) are the company fundamentals and the determination to hold long. Patience really is the key and not a particularly noted trait of the common daytrader - nor of folks that commonly invest in penny stocks. When I mentioned to Mr. Denton that we have a paradigm shift going on here, it was meant sincerely (though I hate the word!). In conclusion, the interaction of the MM's and the shareholders really is the cause of the day-to-day fluctuations, not just one group or another. For the long term holders, PATIENCE is the watch-word. Lazarus, going to find my fuzzy slippers