Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (1440)	5/1/1998 10:46:00 AM
From: Wayne Rumball	of 25711

TORONTO--(BUSINESS WIRE)--April 15, 1998--ALPHA DIAMOND CORPORATION (OTC BB:ALDM - news), a Nevada Company PE, 2 strikes on this one. First its a canadian company, Second its a Nevada company. ---- CEO says someone is shorting this stock and causing it to be undervalued. Dividend is to be declared for shareholders as of May 1. My question is, if the MM's are shorting this and there are 900,000 shareholders for the 600,000 float, who is responsible for the the dividend and/or who are the real shareholders? Or do MM's need to cover their short by the end of today? It took 1/2 an hour for me to get a fill this morning at market

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