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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ -- Ignore unavailable to you. Want to Upgrade?

To: PAR who wrote (694)	6/20/1999 8:14:00 PM
From: Chuck Rubin	Read Replies (1) \| Respond to of 1143

PAR, YOUR ADVICE STINKS! (IMO) Sure buy on weakness if the stock you are buying shows great potential and the fundamentals are still there!!!! As they are with DDEQ. This glitch sent the weak hands running for cover and regurgitating their holdings. Nothing has changed for the worse, only the better with GoProfit and GoNow. Maybe you've had experience with CRAP stocks not recovering before, but I think DDEQ is in a different catagorie entirely. What, you trying to pick up cheap shares of this yourself, so you want others to SELL on weakness??? So far, with DDEQ, and in my opinion, this is a bargain basement sale oppurtunity! And any further depression in the price will make it just that much better of an opportunity. Chuckr

To: PAR who wrote (694)	6/21/1999 12:44:00 AM
From: Jill Collins	Read Replies (1) \| Respond to of 1143

PAR: I appreciate your views, I was simply commenting on what has worked for me over and over again. I'm not trying to brag, but about a year ago I acquired a very large position in UCOMA at about $10/share when cable stocks were out of favor. When others were selling I was buying. It is now trading at $72. I could give you numerous other examples (e.g. LMG.A which recently did a 2:1 split). You asked the question "if a stock is going to $100 then does it really matter if you buy at $5, $10 or $25?" In my opinion, it makes a HUGE difference. If I have $50,000 to invest, I can get 10,000 shares at $5/share. If it goes to $100/share then my original $50,000 investment grows to $1 million. At $25/share I can only buy 2000 shares with my $50,000 original investment and if it goes to $100/share then my investment grows to $200,000. This is a $800,000 difference which in my opinion is a big difference. Multiples are critically important (e.g. compound interest). By way of example, if I invest $20,000 in DDEQ at $4/share and it goes to $20/share then my investment grows to $100,000. If I invest $20,000 in DDEQ at $10/share and it goes to $20/share then my investment grows to only $40,000. In both scenarios my downside is the same: a maximum of $20,000. Perhaps I am greedy, but I prefer 5:1 and 10:1 returns over mere doubles or triples. Of course (as Chuck Rubin and stockman scott pointed out) the company has to be a good investment. I am not debating the merits of DDEQ here, I am simply responding to the question you raised with regards to whether it makes a difference as to the price an investor buys into a stock. I cannot criticize your strategy if it has worked for you. I wish you continued success in your investments and trades. I was simply trying to point out what has proven to be very successful and profitable for me and my family.

To: PAR who wrote (694)	6/23/1999 8:33:00 PM
From: Gush	Respond to of 1143

Hello! Peter Lynch advice? I can buy a lot more shares at $5.00 than at $25. So when it hit's $100 I never have to trade stock again! Jill doesn't need anymore of your advice buddy.

To: PAR who wrote (694)	6/23/1999 9:12:00 PM
From: Lazarus	Read Replies (1) \| Respond to of 1143

RE: >>>Buying on weakness (aka trying to time the bottom)<<< I am just an amatuer and just learning how to trade stocks ... but I have found that Buying on weakness (aka trying to time the bottom) sometimes pays off. Here are a few stocks that I have purchased on weakness during the last 9 months: WOOD at .031 AXGI at .012 EYLT at .005 CTKT at .031 JNNE at .027 LMKI at .03 ELXC at .015 HVAR at .07 AIGI at .05 AQCI at .02 WTER at .022 TRIT at .015 QPRC at .008 There have been many others as well. I still own most of the above stocks. Some I sold part of my position in and then bought back on weakness Many of these stocks were at or near their 52 week low. I have a stock right now that I am accumulating on weakness - it is at its 52 week low.... and going lower as sometimes is the case when one does this sort of buying. I gotta tell you though...there were many times when I sat on many of the above stocks for a long time while watching others go zooming up. I could tell you about some stocks that I bought on weakness and then finally gave up on becuz I got tired of waiting -- only to see them take off later. Each person has to invest in the way the he or she is comfortable; it's hard to make iron clad rules when investing. There are times when one is going to loose money in this game: period - regardless of how brilliant we may think we are. The race is not always to the swift nor the battle to the strong. Lazarus shield@psnw.com