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

To: Danimal who wrote (16217)	6/29/1998 12:55:00 AM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 50264

Posted by Cmon on June 27, 1998 at 11:27:45: Canadian brokerage firms permit shorting of US otc stocks and penny stocks. What you people fail to realize is that penny stocks for the most part have a predictable lifespan. They get hot as hot money moves in, they leap for 3 days and then they fall back to where they started, if not lower. Why? Because most penny stocks just don't ever make it to the big leagues.{DGIV WILL} Maybe 10% of them do. Maybe. So, if Canadian shorting pools wait for the big runups and then short these stocks down, they will make money 90% of the time. The remaining 10% of the stocks that move against them eventually cut back too and that is just part of the game. The MMs take their loss and move on. But 90% of the time, these Canadian shorting pools will make money shorting bb stocks that have risen rapidly. Think about it. If you shorted PLFM at 1.25 or higher, you made good money. If you shorted blhg at 1.00 or higher, you made good money. If you shorted MISM at .40 or higher, you made good money. Just the way it works. DGIV moved against the shorts, and they probably lost some good money on it, but it has now cut back and they'll take their loss admirably, knowing it was the 1 out of 10 moving against them. r1 FYI: globalminerals.com. thanks, to Just a Thought