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


To: Craig K who wrote (21079)8/10/1998 9:44:00 AM
From: Mr. Fortune  Respond to of 50264
 
I totally agree with you--the bb world is not a fun place to be -- (unless you have dgiv) : )
nicci



To: Craig K who wrote (21079)8/10/1998 9:45:00 AM
From: Moosie  Read Replies (1) | Respond to of 50264
 
One sell and they drop the bid. LOL It probably wasn't even a sell just a trade between MM's.



To: Craig K who wrote (21079)8/10/1998 9:49:00 AM
From: RocketMan  Read Replies (1) | Respond to of 50264
 
Folks, my advice is to not fall into the trap of thinking like a day trader. That is why I urged caution this weekend. We had very good news, but it is just one piece of the puzzle. DGIV is setting itself up for a long term strategy, becoming a multinational IP telco. This takes time. The single biggest thing DGIV can do is to get off the BB market, but this also takes time. In the meanwhile, when we are still in the BB world, the MMs can play psychology, and if you think like a day trader when you are not, you will fall for it.

There is no better ruse than to attempt to dash people's expectations of a big runup by gapping it up then walking it back down. This happens all the time. It is meaningless in the bigger scheme of things, because DGIV is doing what it needs to do. Anyone buying today should leap for joy if the MMs don;t run it up, because you will get shares cheaper and make more money in the long run.

The only ones who should be unhappy are day traders who are hoping for a big runup, a pump and dump, and will not get it. This is NOT a stock to day trade, but to hold long!