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.

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

To: The Street who wrote (22945)	8/23/1998 9:38:00 AM
From: RocketMan	Read Replies (2) \| Respond to of 50264

Let me know what you find out. I would like to margin DGIV when it gets to $5. As far as shorting a BB stock, there is the technical aspect and then the moral/legal aspect. The technical aspect is what we have been discussing, and the answer has to be out there. The moral/legal aspect has to do with the way that most shorters in the BB world operate, from what I have seen. They not only short, but they also try to manipulate the price by bashing the company in public, to bring the stock down. I don't even mind this, as long as they declare their position up front. I have only seen one honest shorter on these threads, who declared their position up front. Also, you do need deep pockets becuase although a three day run is typical, they have run for much longer, and you would have to cover. But that is the risk that comes with the territory. Anyway, back to DGIV, the problem is not with individual shorters, but with MM short positions, because they can pass these on for months and months and not have to cover. I hope you never find it profitable to short DGIV, because when it does run it will be on fundamentals. That is why we need to keep down any hype. DGIV's turn will certainly come.

To: The Street who wrote (22945)	8/23/1998 3:10:00 PM
From: DianaX	Read Replies (2) \| Respond to of 50264

RE: Margining DGIV I presently have about 2500 shares of DGIV bought on margin a few months ago from Quick & Reilly when DGIV was $5. At first, they stated it was not marginable, but when I persisted they looked at my diverse portfolio and said they could do it also since it was at least $4 a share (their $ limit for marginability). And they did. With the drop to 2 1/2$, I am currently about $6k in the hole, but I have not received a margin call because the total value of my portfolio there is WELL above the limit for such action. I will say that I am currently liquidating many of my holdings due to the uncertainty in many sectors but I do NOT plan on liquidating ANY of my DGIV. To me, the success of DGIV is more of a certainty than most of my other holdings. BTW, I hold an additional considerable portion of DGIV shares is my online Waterhouse account and am WELL in the "black" there! Diana