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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ

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To: Double Dipper who wrote (573)6/16/1999 10:19:00 PM
From: Brad  Read Replies (2) of 1143
 
Kevin, In a nutshell (as I saw it)...

Most of the talk seems to be on RB board.

YESTERDAY -
No negative change in fundamentals (actually got better with site)
Expected comments by INKT CEO not heard on CNBC Squawk Box
Site opened for preview
Apparently some people expected some PR with opening
No trades in first 2 minutes
No PR, so nervous hands expressed doubt
MM Shakeout
Possible shorts with accompanying bashing
Fast walkdown on small volume
Lots of volume trading in lower range

TODAY -
Shakeout early (some people still uneasy from yesterday)
Rebound when stronger hands saw opportunity (Bid/Ask up slightly)
Modest volume
Anticipation building for next big step up

Of course, there was the typical bickering. If people would spend more time on DD rather than bickering, the volatility would probably diminish, IMO.

Personally, I added more shares at what I believe are great low prices.

Hope you had a successful trip. :-)
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