DIAMONDWORKS DMW.v Message Board

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Gold/Mining/Energy : DIAMONDWORKS DMW.v

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To: gypsy who wrote (169)	12/31/1998 2:27:00 PM
From: Kevin Hamlin	Read Replies (3) of 413

If it weren't for Octagon DMW would be much higher already! They are creating a very artificial price (read: LOW) in order to do their fire-sale selling. Fine by me! I'll buy it!! I imagine they'll be gone soon too, for the following two reasons. 1) As stated before, today is the last day for U.S. based tax loss selling of Cdn. securities and that is what Octagon is apparently doing from what I've found out about them. 2) Octagon, while still selling today, seems to be more willing to wait it out for a higher price. I've been waiting for them to go whack that .19 of 50k shares, but they're not. They're mostly waiting for .21 today. 1-2 weeks ago or so they were moving out boatloads in the mid teens...when they had a lot more shares to move. To me this means they must be out of a good chunk of the shares they have which would be GREAT! Upside potential once they're gone? :))) Kevin

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