Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: thescot who wrote (949)	7/15/1999 7:06:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 1143

I'm still here and haven't sold a share.....DDEQ is still one of my larger positions. In fact I can't understand why investors would sell now. I'm increasing my position in DDEQ. This will be the first week I have paid prices over $4 BUT IMO in a few months the current price will look like a real steal. The GoProfit.com dividend could easily be a MUCH more significant benefit than many investors realize. The next few months should be very interesting. I'm LONG on DDEQ for the LONG RUN. Best Regards, Scott

To: thescot who wrote (949)	7/15/1999 7:41:00 PM
From: CBurnett	Respond to of 1143

Raging Bull Boards

To: thescot who wrote (949)	7/16/1999 12:44:00 AM
From: Katie Kommando	Read Replies (2) \| Respond to of 1143

Any price flucuations are irrelevant to me at this point. The price only matters if you plan on selling between now and July 20. I am holding for the GoProfit dividend. On July 21 the price of DDEQ will likely go down because the dividend is built into the price. It is similar to a forward split. After the split the share is only worth half as much, but you have twice as many shares. Likewise, after July 20 your DDEQ share will be worth less, but you will have the GoProfit dividend. Katie K.

To: thescot who wrote (949)	7/16/1999 1:55:00 AM
From: Brad	Read Replies (2) \| Respond to of 1143

David, I have spoken to several brokers about the dividend date vs the trade date, etc. They give different answers to the same question depending on the brokerage and how they say they handle the trades. The PR says... "Diamond Equities Inc. (DDEQ) will be issuing a dividend to its qualified shareholders of one (1) GoProfit share for every five (5) shares of Diamond Equities Inc. held at the close of the market on July 20, 1999. To qualify for the dividend, you must be a shareholder of record at the close of the market on July 20, 1999." It seems that anyone in doubt about what they should do should consider consulting their own brokerage or professional financial advisor. Perhaps getting their advice in writing, if possible, might be valuable reference now as well as later. The company says July 20 shareholders of record get the dividend. How each individual brokerage handles settlement might be a variable. I have heard from one broker that while most trades settle in 3 days, in some cases, trades could settle faster than that. Is the company responsible for how fast each brokerage settles their trades? I am consulting with each brokerage firm that I deal with on how I should handle any trades on this issue through THAT particular brokerage to achieve my particular objectives. I certainly won't rely on hearsay over the Internet. It's my money, and it's my responsibility to understand the rules of how things should be done in any particular trading activity through my particular brokerage firms. I have no idea what someone else's broker might say. All I can do is try to find out for myself. This is when brokers get a chance to really "earn" their commissions. :-)