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

To: RocketMan who wrote (22949)	8/23/1998 9:40:00 AM
From: The Street	Respond to of 50264

Agree with you. I'll post what I find out.

To: RocketMan who wrote (22949)	8/23/1998 10:00:00 AM
From: risk-averse	Read Replies (2) \| Respond to of 50264

I agree RM, its the MM shorting that really can suck the life-blood out of any bb company. We have seen this on many bb stocks, not to mention the ones that have been discussed here. I have recently spoken to a bb MM, and he confessed to me that they short and short till it hurts, then they approach the company and ask for cheap shares. Often companies have no choice, so the MM's get cheap shares, raise the price, then short the heck out of them again, and so on and so on. Why is DGIV different? IMHO, small float with a significant amount in "strong" hands. Also, this MM confessed to me that DGIV has MM's that know the potential of this company, and are continuing to accumulate shares at these price levels. They are looking to move the price up, but will do so when there is a good reason. What good reason(s)? Well, we know what we are expecting very soon. This will stop the selling pressure. AND, this will force the BUYing back. The MM I spoke to mentioned the "short squeeze" at least three times in our conversation. I have no details on the matter, except to say that JC wants us to be patient, and patient I will be.