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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS) -- Ignore unavailable to you. Want to Upgrade?


To: WVMayor who wrote (764)6/19/1998 12:50:00 AM
From: Lawrence Burg  Respond to of 1084
 
Wouldn't jump in, but I'll stick my neck out for some support at these levels...

From my notes...odd, just noticed the 50DMA @ just under $.50. Could a penny find a traditional support level? Finally, short term of Combo SR has bottomed, with #2 & #3 to follow by early next week. #4 may pop from mid-levels or take an additional month to ripen at its current descent rate. 14,3,3SO still falling fast, almost breaking below 20. RSI, oddly has checked up at a level (41) just above the previous low (37)...OBV down, but useless. MACD & CO still falling rapidly, but they look to be tapering off. CCI has matched its previous low (~ -95), and turned up slightly, but weakly (~ -70). ADX still crossed down. Would watch for any coming run to accompany a narrowing of the gap. Looks a little better...worst may be over.

Checked w/LM corporate in MD to gauge their HR satisfaction with DiSX, but found out all divisions do HR locally. Back to the Webmeister to see which division is using TOPJob. Also left numerous messages w/the TV affiliates HR sections. Would definitely like to know their feelings on the service/benefit...



To: WVMayor who wrote (764)6/19/1998 1:17:00 AM
From: Robert Knight  Read Replies (1) | Respond to of 1084
 
Right on Mayor....

Larry, with the lack of interest and volume on the buy side, the MM's used the opportunity to drop bids and induce selling. You couple this with TMex's .75 stop loss comment and the stock dropped to an oversold .375 bid. With the smallish float the stock swings abnormally in both directions. Alot of stock was sold above $1.00 and there was not a comparable amount sold on this selloff to match up. IMO, the stock should be trading more in the .75 - .87 range based on the actual trading pattern. But I believe the MM's are short inventory and "shook the trees" on this selloff to get some shares.

IF Marchant can follow thru on adding 3 new affiliates by the end of June, ie great PR, the short term outlook for DIXS would be up from here. I feel the addition of these new affiliates is VERY important for DIXS as it portends to their "spiel" as being a viable one as they solicit new business.

I look forward to hearing your report....

Robert