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

To: Cola Can who wrote (4462)	6/8/1999 7:17:00 AM
From: J Walter Jacobs	Respond to of 6957

They really should spike it before any news can come out. If they wait substantial news will bring in tremendous buying. I really believe this stock is being watch many investors hoping to buy in lower or catch the wave just as it starts to build. The MM's tactic of walking it down to draw sellers has not worked. That would have been the cheapest way (maybe even profitable way) to cover. A relatively small run up followed by another walk down would be the next logical move. This has to be accomplished before any news. I've pondered this for a couple of weeks and I just don't see how the MM's can get out without pain. I think their present actions are just trying to minimize that. While I bought DMEC before this short situation evolved it has become the paramount variable in dictating the stocks short term action. The presumption of most investors is that the MM always are able to manuver themselves out of a short position without losing money. This is nearly half the float and I just don't see any way out for them without a major move up. If others do, I would appreciate a detailed description how the MM's might accomplish this.

To: Cola Can who wrote (4462)	6/8/1999 8:45:00 AM
From: mulla711	Read Replies (4) \| Respond to of 6957

hummmmmm OTC Bulletin Board DMEC Domestic Best Bid/Ask... 0.170 0.177 0 x 0 Bid Ask Bid x Ask Date Time Telephone# Indicators ________ ________ ___________ ________ ________ __________ __________ MHMY 0.160 0.180 50 x 50 06/08/99 08:31:37 O F ALWC 0.125 0.195 50 x 50 06/08/99 07:33:17 2127427959 O F FLSC 0 x 0 06/08/99 07:33:17 9728462137 O F FRAN 0.070 0.315 50 x 50 06/08/99 07:33:17 O F HILL 0.140 0.180 50 x 50 06/08/99 07:33:17 8006313083 O F HRZG 0.160 0.181 50 x 50 06/08/99 07:33:17 O F NAIB 0 x 0 06/08/99 07:33:17 8009526559 O F NITE 0.170 0.190 50 x 50 06/08/99 07:33:17 2123368752 O F PGON 0.150 0.300 50 x 50 06/08/99 07:33:17 O F SHRP 0.140 0.180 50 x 50 06/08/99 07:33:17 O F SHWD 0.155 0.180 50 x 50 06/08/99 07:33:17 2122947777 O F SLKC 0.165 0.205 50 x 50 06/08/99 07:33:17 O F SRRA 0.100 0.200 50 x 50 06/08/99 07:33:17 8008373351 O F TRAV 0.100 0.300 50 x 50 06/08/99 07:33:17 2128377301 O F