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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)
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To: J Walter Jacobs who wrote (4731)6/17/1999 10:24:00 AM
From: Drake  Read Replies (2) of 6957
 
It's almost uncanny the way the volume and sells dropped off when their was mention of an investigation of MM activity (RB board).
Are the MM's leery of such action and have since changed their tactics for accumulating or recovering shares? Do they want to avoid discovery? I can't believe the change in trading activity since people started voicing their concerns. It really is strange.

If ever there was a time people would start selling their shares and needed a reason to do it, it was this week. Seems everyone agrees on one thing. They like owning DMEC and are holding tight even in the face of adversity. There is real strength in the DMEC shareholder base.

I guess it proves one thing, the MM's will get away with what they can unless the investors call them on it. The fines and penalties listed by Elio is proof of that. IMHO
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