Diamond Entertainment Corp (Previously DMEC) Message Board

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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: last1out who wrote (4552)	6/10/1999 4:28:00 PM
From: KevinMark	Read Replies (2) of 6957

Any news is important news right now. The company was quiet for so long and now all of sudden news hits @ 3:49pm and the ask goes from .165 to .177. Now the other MM's have moved their asks up to .18 and above. What I find interesting is a 144 on Edgar for 750,000 shares for a value of $82,500 that was released on Monday Morning. For the past couple of weeks I have followed the trade log due to significant buying but no price movement. There have been 6-7 100,000 blocks sold every day with the exception of the last 2 days. No news during that period either. Now no more block sells, news, and the ask moves up. I would assume those 100,000 blocks were being sold to finance their debt. IMOH...based on what I see at this point the stock is ready to advance and advance quickly. Now that the noise level seems to lifted a little I would not be surprised to see a steady flow of news releases in the near future. Good luck to all. Kevin.

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