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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC)
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To: Sprintcar who wrote (4270)6/3/1999 3:50:00 PM
From: J Walter Jacobs  Read Replies (3) of 6957
 
There has been massive accumulation of this stock for weeks. The buy sell ratios have heavily favored buys. The estimate of the 14 million short position came from the analystgroup, no other source. Many of us repeated it. Those that have held long term have witnessed the MM's manipulations repeatedly so the large short figures are, at least intuitively, very reasonable. I wonder about dilution but don't see how that could make sense here. My only real concern is whether DMEC can execute their plan in a timely and professional manner. "It'll be done when its done" doesn't inspire investor confidence.
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