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Technology Stocks : Dega Technology, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: D. Miller who wrote (41)2/17/1999 12:14:00 PM
From: Grandk  Respond to of 108
 
Huge short and no one buying, equals big trouble. Wish I would of waited a day to average down!



To: D. Miller who wrote (41)2/17/1999 6:49:00 PM
From: Qone0  Read Replies (2) | Respond to of 108
 
If it is a short seller,he picked the wrong stock to short sell. This stock has retail broker support that has not kicked in yet.

DEGA has the same promoter that took WCTI from 3.00 to 30.00. The promotion has not kicked in yet.

When DEGA starts to let the news flow these two things will kick in. The retail brokers need news to recomend the stock to their clients. The promoter needs news to bring in new brokers.

The supply of stock is high right now because of the bad tech market. The demand of buyers is low because of no news yet. The lack of news also causes people to sell when if they had news they would not sell.

The stock has been making some breath taking intraday moves. It moves on very light volume. When it starts trading some real volume it will fly. Until then i just wait.