Dupont Direct Financial Holdings, Inc. (fka DIRX)

[Fire Lane]

HALTED!!!!

[lifegear]

UP today, I wonder what's going on

[lifegear]

ibox weekly chart points to a golden cross

[TAtrades]

nope that wasn't me

[lifegear]

were you the one responsible for those 777 trades? =)

[TAtrades]

come on guys, don't be spending your money all at once lol

[lifegear]

I'm curious of that too...another 777 trade today, could be our lucky sevens lol

[J.Scott]

What's up with these 777 share trades?

What is that...$18-19 worth of volume in the past week? Buckle Up!

[Stock Lobster]

LOL!

[lifegear]

777 shares at ask? why not 747 so we could fly?

[lifegear]

will do

[TAtrades]

nice, keep us posted if you get a reply.

[lifegear]

looks like insiders are holding most of the o/s here...would be nice to see a merger news ...I emailed David W. Parsons regarding DIRX but haven't received a response yet

[TAtrades]

would be nice to hear some RM news. that'd start a second leg in a hurry.

[lifegear]

me too

[TAtrades]

hope so, still holding my freebies.

[lifegear]

second leg might be coming soon

[lifegear]

hoping for the best, a bank reverse merger would be the ultimate payout if this is the case

[Stock Lobster]

Hello LG. Nice work on the DIRX history. Now let's see it make new history soon :)

[lifegear]

The principal operating business during the June 30, 2002 quarter was Dupont
Securities Group, Inc. ("DSGI"), a broker-dealer registered with the United
States Securities and Exchange Commission ("SEC") with membership in the
National Association of Securities Dealers, Inc. ("NASD"). The other businesses
the Company owns are Wavecount Asset Management LLC (WAM), American
International Securities, Inc. (AIS), Wavecount Advisory Services, Inc. (WASI),
in which the Company performs its corporate advisory service functions that do
not necessarily require the issuance of securities and therefore the services of
a registered broker- dealer. DIRX has an approximately 48 percent interest in
Native American Financial Services Company ("NAFSCO")

[lifegear]

is there some connection with Native American Bank?...Native American Securities is mentioned here in their website and DIRX owns Native American Securities....

http://www.nabna.com/newspr20020826groundbreaking.shtml

[Stock Lobster]

To add a little excitement to our day here on the DIRX board...

[lifegear]

lol...and why do you have to do that?

[Stock Lobster]

I can use Photoshop and make it current. What date should I use?

[lifegear]

OLD $100M NEWS: NEW YORK--(BUSINESS WIRE)--March 14, 2002

Dupont Direct Financial Holdings, Inc. (OTCBB: DIRX), today announced that monies under management by Wavecount Asset Management, LLC. (a wholly-owned subsidiary of DIRX) in conjunction with DIRX's investment affiliate, Native American Securities Company (a broker-dealer member of the NASD and SIPC) have exceeded $100 million.

[Stock Lobster]

lol! I mean to post that:

[lifegear]

I was talking about DIRX level II =)

[Stock Lobster]

Check it out. PERT and HDSN seem to travel in a pack:

[lifegear]

is it still 3x1 .013x.018?

[Stock Lobster]

I wonder why the MMs vanished off the bid...

[lifegear]

not sure, I don't have level II but resistance is at .025, hopefully it will be testing that again to form a bullish ascending triangle

[Stock Lobster]

Hmmm...what happened to DIRX this morning? The L2s just fell by 40%.

[lifegear]

Looks like insiders are holding 83.94% of the 15,355,236 outstanding shares leaving a float of 2,466,050 shares so stushy seems right by saying the float is only 3M

MANAGEMENT AND 5% BENEFICIAL OWNERSHIP TABLE.

Name and Address Shares Percent (1)

Jon J. Bloomberg 103,958 4.270%
c/o Wavecount, Inc
42 Broadway, 11th Floor
New York, NY 10004

Wavecount, Inc. 5,926,000 38.600%
42 Broadway, 11th Floor
New York, NY 10004

Randy M. Strausberg 28,920 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

David W. Parsons 5,000 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Marc Greenspan 45,000 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Elroy Drake 60,000 .390%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Shoshana R. Kalman 42,781 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Gerald Heilpern 53,958 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Lewis Goldman 375,937 4.270%
c/o Wavecount, Inc.
42 Broadway, 11th Floor
New York, NY 10004

Capacity Unlimited, Inc. 846,000 5.510%
18848 SE Highway 212
Clackamas, Or. 97015-8703

Cove Hill Consulting 752,000 4.898%
P.O. 89
25 Hartwood way
Taftsville, Vt 05073


Directors and Officers 715,554 4.660%
as a Group(5 individuals)

[lifegear]

yes if the 3M float is correct

[TAtrades]

not many sellers or shares out there

[lifegear]

NITE ask at .20 now?

[lifegear]

not me...golden cross in progress

[IPRE-Paramount]

Who the crazy is pushing DIRX ? hehe

[TAtrades]

getting some volume today. .02x.025

[lifegear]

The company has been in the business of securities/brokerage for sometime now. IMHO they know what works best for a low floater stock.

the following is a quote from their last 3/31/04 10KSB filed on 8/2/04 (note that Dupont Health Products Inc was mentioned here which could also suggest their affiliation with NYSE:Dupont)....

Item 2. Description of Property -- Regulation S-B Item 102.

The Company's business properties and affiliates are as follows. Dupont
Securities Group, Inc., American International Securities, Inc. (AIS), Wavecount
Asset Management, LLC., Wavecount Advisory Services, Inc., Dupont Merchant
Funding, Inc., Native American Financial Services Company (47.5% interest), and
Native American Securities Company (NASCo.)(100% owned by NAFSCO). Securities
owned by the Company are generally held in its account(s) at its clearing
agents. As described more fully, supra, the Company's headquarters in leased
premises located at 42 Broadway, Suite1100-26, New York, New York 10004, was
closed on or about April 22, 2004, and the lease was terminated. The affairs of
DSGI, WAM, WASI, AIS, NAFSCo., NASC., DMF and Dupont Health Products, Inc., are
now handled by Mr. Parsons from his home office.

[IPRE-Paramount]

what is your personal clue making you believe some development of R/M is on way ? Apart the volume rising with the pps up .
Since when the current CEO in this co ?

[Stock Lobster]

I have watched the bids dancing around on DIRX's L2s. Very interesting, esp. cuz there's little volume.

I'm not sure if they're trying not to push it up too far. Maybe they're trying to persuade the ask to come down a bit.

I think someone is accumulating, but not eager to get into a bidding war, or trigger any volume/PPS alerts.

[Stock Lobster]

I'm suspicious enough to suspect that that may be a head fake, to try and encourage buying in the stock.

But why do they want to encourage buying of the stock? Is there an interested buyer? Are they trying to raise money for a RM? Trying to create motion in the stock to make it more interesting to an merger candidate??

Not sure.

[lifegear]

why did TRWN lower their bid?

[Stock Lobster]

They're two of the most active on DRIX, esp. TRWN which is what I find interesting.

[Stock Lobster]

They're two of the most active on DRIX, esp. TRWN which is what I find interesting.

[lifegear]

PERT ask is at 2.00...interesting

[Stock Lobster]

They're two of the most active on DRIX, which is what I find interesting.

[lifegear]

not familiar with those two mm's

[Stock Lobster]

Does he have friends at TRWN and PERT?