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Non-Tech : DMRK- Damark International- The Next One?

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To: RocketMan who wrote (19)12/30/1998 9:51:00 AM
From: dwlima  Read Replies (2) of 83
 
the last two trading days has shown large buying going on about 1- 1.5 hours into the trading session. it will be interestig to see if this happens today around 10:30-11am. it would be more interesting to know who is buying and even more interesting to know WHY.

i cannot guess the actions of thousands of investors and what they will do with DMRK...nor can i predict the market actions in a day...But, the last 2 days of buying was heavier than seen in previous months and is moving us up. it appears strategic as it is not sporadic and comes in well before the release of next quarter's results...i say this, because many betting men (and women) will buy stock immediately before earnings are released and then pray.

something seems to be up and the best thing to do is wait. i would not encourage anyone to buy more DMRK until we see some news regarding their internet business...but, i would think it is smart to have some in your portfolio..which would mean buying some if you own none.

one step at a time...slowly but surely we will conquer those companies that will fly with our new, revolutionary media: the internet

dwlima
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