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


To: macker who wrote (17672)7/10/1998 10:59:00 AM
From: MARK BARGER  Read Replies (1) | Respond to of 50264
 
Macker, I would appreciate any insight you may have on the "MM short" issue. The way I see it the low price range the MM's have DGIV in now is promoting buying all right, but very little selling. Where are the shares coming from? When there is consistently more buying than selling we all know that makes someone short shares. You say the MM's don't have to cover, but sooner or later they have to balance their books don't they? Are you saying that even if we go NASDAQ and the price hits 20 in 6 months, the MM's can just kind of forget about the shares they are short and continually trade with a huge short position? It's like having a credit card that you never have to pay off. Thanks for your comments.

Mark