To: Little Engine who wrote (33348 ) 12/9/1998 12:50:00 PM From: Lazarus Long Read Replies (1) | Respond to of 50264
Good Morning Everyone! Seems like all the time that I have had lately has been spent just reading posts, leaving me no time to do any posts of my own... and I do miss it when I don't get to play! :-) Little Engine, you said...I guess the dive today proves the contracts went south, I suppose. Probably not... just like the implication that the price rise recently was due to contracts that will be imminently signed. IMO, the price action over the past few days is more an indicator that DGIV is still a BB stock and subject to the 'ol "buy on rumor and sell on news" rule of thumb. As to Coffee Pot being able to predict that the price would decline after the news was out, to me, it was like stating the obvious. So now that I have derided what another has predicted about the stock price action, I probably should put up or shut up. OK. I believe, like Jane that DGIV will continue to act like any other BB stock, in other words, drift downward until such time as the company gets prepared to make another announcement. I believe that this cycle will only be broken by the announcement of a significant event. IMO, that announcement will need to be about a signed revenue generating contract or significant funding. It is doubtful that even the release of financial statements or the 10-SB (unless they contain information about one of the above) will ultimately break the cycle. The good part is that I believe, like bullmarket and many others, that one (or maybe more) of those cycle breaking events is going to happen in the near future. That is not to be confused with knowing, for who can predict the future? But, it is based on knowledge gleaned from certain third parties and making some calculated guesses. Therefore, I sit and wait. Lazarus, also stating some of the obvious