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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)

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To: Rich Investor who wrote (1236)3/5/1999 11:27:00 AM
From: Smacs  Read Replies (3) of 6957
 
That's a good point about volatility, RI. Everybody should note that if it does go past $2, it's quite likely that it won't stay there. I believe that this stock has a value of around $1, which is obviously much greater than it's current price. As we all know though, once a stock like this jumps the way this one will to meets it's value, you get alot of people who just jump on board without doing any research and the price shoots much higher before retreating to it's real value. You can make alot of money playing this runup but I just want to make sure that people who are following this stock ralize how that runup will play out.

My suggestion? Don't buy over $1.00. You'd regret it. Buy now? Definately!! Let's all lookout for each other and lets avoid creating too much hype on this stock. It's not in anybody's best interest. (BTW, everybody's doing a great job of that so far;)

-smacs-
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