Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18742)	6/28/1998 2:25:00 PM
From: JEB	Respond to of 50167

IQBAL LATIF, I have run across a stock with a huge short position and I would be interested in your 'take' on it. The company is DGIV. I am qualifying this as a momentum play only, at this time. Digitcom Interactive Video Net (DGIV) chart: chart4.bigcharts.com TokyoMex (whether you love or hate him) told all the SA group to get out of this stock when it was 7 1/2. He said it was being "Heavily" shorted by several groups. Not just one. He was right. Also, more and more negative posters turned up on the thread around that time. This is the end of the month. the short investors will want to cover before the actual short position is known to all the other investors in DGIV. Most of the shorting seems to be in June so that party is almost over. I would say a few shorts have covered along the way but the volume does not warrant a full coverage on all the short positions out. Please, keep in mind I am not offering this stock as a long term play. They do not even have their audited financials out yet and I do not invest in stocks (anymore) that do not have SEC filings. I do however see this stock as a momentum play, especially since volume has died and the shorts seem complacent. I think they can be caught napping at this point. Your thoughts, comments, criticisms are welcome on this.