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Re: winslowhomer post# 25

Saturday, 03/06/2010 3:51:30 PM

Saturday, March 06, 2010 3:51:30 PM

Post# of 72
DGSE..$2.24..

As I posted if I sold out the last of my position @$2.24 I would of been flat DGSE.. But that never occured and I actually bought stock since that post on a scale to down below $2.00..

I make a market in DGSE and it has been very profitabe.. In fact since my first post I have bought over 46k and have sold a little more than 39K.. At present I am bidding $2.04 for the remainder of 9000 shares of which almost 6000 was bought yesterday @ 2.05.. I have tried to maintain at least 10K at all times but on up gaps I will let more stock out than usual and hopefully buy the shares sold for a profit,,

Liquidity in DGSE has been hampered because being on the ASE robots sometimes working on not held orders appear and they sometimes are only good for 100 shares.... Next week should be interesting as I saw a seller in size appear late on Friday and thats the reason I backed off on my bid..

Monday I will stay at $2.04 for but a small tick and if the seller reappears I will hope to clean him up around the $1.80 level.. Hope this helps..

As for posting trades,, as I don't pump and dump,, but remain factual on info and let all make thier own decisions,, letting those that follow me insyte as to where the stocks are actually trading and not giving Raw Raw sessions,, all know where the stocks that I trade are actually trading... If I have time it is little effort as to me..

It also in a way advertises the position and as I make markets I'm always looking for buyers in the stocks that I trade.. Because I continue to inventory 135 stocks that I believe in it is to my benifit that the stocks wich I trade have as a group an orderly upwards biais.. Helping them do so by letting inventory go on gaps and buying on big dips makes these stocks easirer for most to own..

Your assestment as to the value of DGSE in my opinion is spot on if the BK Administrator agrees to all of DGSE's last proposal.. hank


hank
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