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

To: MARK C. who wrote (21092)	8/10/1998 10:15:00 AM
From: RocketMan	Respond to of 50264

<<So lets expect a .50 cent rise in share price per week.>> The problem is that the BB world is not operated directly by buy/sell dynamics, the way a national listing is. I know you know this, Mark, but I would like to discuss it for the benefit of those who are new to this game. We like to bash MMs, but the fact is they are just businessmen, and they are making a lot of money on DGIV. Like any businessman, they want to make more. And we need them, just as they need us. Without us, they would have no market. Without them, we could not buy or sell DGIV. Their problem is that they have no shares, so they have to sell what they don't have, then try to buy them back cheaper. One way to do this is to let the price run up, sell high, then bring the price down and force panic sales. With DGIV this does not work well because we have strong hands and don't fall (any more) into panic sales. When they drop the price, we just buy more, and their short position keeps growing. As was reported by macker, it is now about 800,000 shares! So what are they to do? All they can do is keep the price about the same, and make money on the spread between bid and ask, which is what they have been doing forever it seems. Every now and then, when they sense weakness, they try to walk it down, but we just buy more. In the long run, we will make a whole lot of money because they have sold us shares at a cheap price, and these shares will appreciate even more from a lower price. And eventually someone is going to have to cover, and buy REAL shares to settle their books. It may not be for a long time, but eventually it will happen. So to get back to your thought, the problem is that if we expect a rise of 50 cents per week, they know this and since they control the b/a, they let it rise only, say, 25 cents, and dash our expectations hoping for a selloff. You see how the game is played? That is why the best thing to do is not to worry about it. The MMs have a problem, and are dealing with it the best way they can as businessmen, at the expense of weak hands of course. We on the other hand, if we are long, have no problem. All we need to do is hold on, let Jimmy grow the company, and be rewarded in the end. In the end we will not be on the BB marketplace, and as a listed company a lot of selling pressure results in the price going down, and a lot of buying pressure results in the price going up. What a novel idea!