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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)
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To: JIM FEN who wrote (4641)6/13/1999 3:25:00 PM
From: Drake  Read Replies (1) of 6957
 
I am convinced that there are some pretty intelligent well informed people on this thread.

I can also relate to the idea that time is not an issue with this stock. e-DMEC.com Inc. is slowly but surely lining up all the ducks in a row.

Where I would like some insights is.....some of the dynamics behind this MM situation. I am familiar with what there function is, how they make their money and different strategies they use. What confuses me is...OK..I know they can sell short..or at least I have heard that. Makes sense (from their point of view). What I don't know and what doesn't make sense is...how many shares can they short and for how long. As I see it now they can constantly and till dooms day sell short unless there is a law or some sort of regulation to make them cover. What's the point of the number of shares issued and the size of the float if MM's can just pump out shares as they please.

I am not focusing on the short position, rather trying to clear up this myth or misconception. I see the big picture with DMEC and holding long gets us through small valleys and on to bigger peaks but what puzzles me is that nobody has had an answer for that in the last 2000 posts. It would be nice to clear this up once and for all. I also realize that we are on the OTC and this contributes to the lack of solid information, but, I have a real aversion of looking like a deer in someone's headlights.

(I also know that higher risks pay higher returns, if that's the case with the OTCBB, exactly how much damage can MM's inflict. They certainly are NOT a non-issue)
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