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


To: J Walter Jacobs who wrote (4461)6/8/1999 6:32:00 AM
From: Cola Can  Read Replies (2) | Respond to of 6957
 
Yesterday was the MM's best day and they could have covered only a few hundred thousand at most.

And the price closed up, on top of that. I think they know
if they lower the price, the mass buying will kick in.

CC



To: J Walter Jacobs who wrote (4461)6/8/1999 9:01:00 AM
From: DuGen  Respond to of 6957
 
JW, A short position of 14 mil shares, that's a lot! And the MM's only covered a few 100 thousand at most. Gosh, they must be dumb, huh? I don't want to see a spike like we had early in February, I'd prefer a nice steady climb like we had in April and May. June didn't follow the trend so I'm calling it an adjustment due to lack of information (no news). I'm betting it'll get back on track, and sooner the better.

And about MADI... MADI is a humbling experience and helps me to keep my feet on the ground (or island). If I was right all the time, my book would be on the shelf at Barnes and Nobel. It ain't.

And I agree with you, somes news would really help here.

DuGen