Drinks Americas Holdings, Ltd. (DKAM): Well, I just don't think the MM is that...

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Re: StockJunky post# 16725

Monday, 03/03/2008 9:27:46 PM

Monday, March 03, 2008 9:27:46 PM

Well, I just don't think the MM is that powerful. I think they want to buy at the bid and sell at the asked with heavy volume. If stockholders are persistently selling, the bid will go lower and lower. If there is persistently buying, the ask will go higher and higher. If MM could do what is attributed to them, there wouldn't be any because they would all be rich and retired.

IMO. The rate of sales growth with Drinks will determine the demand, or lack of, for the stock and that will determine the pps. MM's, DME, nor no big name star will do it other than in the very short run. There will have to be sales growth and later on, profits for the stock to be successful. Therefore, what I am anxious to see is the Q3 figures. I predict that TV sales will be flat and that is the reason for the lack of increase in the pps. I also expect the reports to be late, a real slam on management. To the extent that these other things contribute to sales growth, that is the extent that the pps will increase.