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


To: OLD JAKE JUSTUS who wrote (4590)6/11/1999 9:07:00 AM
From: J Walter Jacobs  Respond to of 6957
 
Jake,

It is often stated that what is said on these boards is of little consequence to the action of the stock. On Raging Bull about a quarter of the float has already been accounted for by posters. I suspect that if those posting on and following SI were included it would be substantially higher, maybe half the float. Hence, what is said here certainly has a considerable influence on the stock's action. I respect you right to privacy here and that seems to be the main issue for you. However, I don't see the point of trying to dissuade those who want to from posting their share ownership.
Have a great day and weekend.

Walt Jacobs



To: OLD JAKE JUSTUS who wrote (4590)6/11/1999 10:43:00 AM
From: Drake  Read Replies (2) | Respond to of 6957
 
O'l Jake

Acually it does serve a useful purpose.

>> it serves no useful purpose to reveal how many shares of any stock that each individual or organization owns. <<

We don't want to know who the individual is. The monikers take care of that. Knowledge is power and once we have an approx share count we can then go as far as ordering our share certificates which would kill this short position once and for all.

When a cohesive effort is made by the shareholders to kill a short position it is your duty as a sharholder to support that cause. If you don't then you are not helping the share price or supporting the rest of the shareholders. DON'T GET ME WRONG. I know you support DMEC here more than the next guy. BUT..if it has to come down to ordering our share certificates..we all have to work together.