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

To: Fireman Dan who wrote (4670)	6/14/1999 5:34:00 PM
From: J Walter Jacobs	Respond to of 6957

I agree completely. I've never seen a stock act quite like this. It is obvious that the MM's are trying to hold it down and going deeper into the hole almost daily. I cannot figure out the logic out their strategy. My reading of investment sentiment on this board and RB is that the great majority of investors are prepared to wait them out knowing that news is in the pipeline. In fact, present owners seem to be accumulating more shares. I think that one effect of the share count is to stimulate more buying among current holders. The general weakness in the bb's as a sector makes DMEC look like a sure thing and all the more attractive to the penny investor. Come to think of it, I'm going to ask my wife if I can buy some more.