DIAMOND EQUITIES DDEQ Message Board

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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ

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To: BIGFRED who wrote (926)	7/13/1999 9:22:00 PM
From: RICHARD KESSLER	Read Replies (1) of 1143

I am the guilty party CONTINUED CLOSES above 650 on big volume will give us up target of 950. its still valid. my hat is off to the poster who called the acceleration to the up off the 50 day cross. a note of caution ddeq is fickle at its highs. most of our moves up have been steady moves usually when we gap up to our highs we take the pipe lets watch for this type of action tommorrow. if we gap up and stay above 6.50 on good volume ddeq will try another leg up. good luck my friends we all have come a long way. here is one thing to think about and i am not saying that this is the right approach for anyone out there. but this is what our group did today we felt it was the right approach for us. our group of 10 traders brought 10,000 shares each and paid 2.50 a share or 25,000 plus commission. we each sold 2500 shares between 5.50-5.75. leaving us 7500 shares plus our 1500 ipo shares and banking around 13,000 dollars. we figure we have very little downside risk at this point and could care less about any wild market movement after ex div date. just something to think about my friends.

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