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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?


To: cantpickem who wrote (4449)6/7/1999 5:01:00 PM
From: Drake  Respond to of 6957
 
I really think we are on the cusp of something happening either way. It is very much a time thing now. What I wonder is how will the MM's replace their paper. Will they do it in one shot -- buying all the stock they need as it runs on massive volume and shorting once more after it has reached a top -- or will they try to wear down our patience and slowly accumulate as people lose faith and sell.

The waiting would leave MM's open to losing if large buying suddenly came in and they couldn't cover and optimism prevailed. Buying all they needed in one shot would force the price way up over their short cover point but they could recover by buying and going long. The thing is we don't know what price they need the stock to go down to for them to recoup. Maybe its $.15 or $.16

Patience is very much the key now and I noticed that since most of the newsletters said 2 weeks a month ago people are getting antsy. I say because this is not a BS penny stock there will be a lot more buying coming and the MM's will make a long dash...therefore a run.
When this happens we will see at least $.50...the big question is, when?



To: cantpickem who wrote (4449)6/7/1999 11:48:00 PM
From: DuGen  Read Replies (3) | Respond to of 6957
 
Consider most of what you read hype and wishful thinking. You should never buy a stock to trap "shorty" and there will always be news coming "soon", etc. etc.

DMEC is a good company and if you buy on it's merits you should do ok. If you're in to catch "shorty" gimme your email address, I've got a bridge built just for you and I'll sell it real cheap.

Buy the stock, don't buy the hype.

DuGen