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


To: R. Balan who wrote (1111)10/20/1999 3:31:00 PM
From: William A. Eydler  Read Replies (1) | Respond to of 1143
 
Roberto,
I see the GoProfit allocation on my brokerage monthly account thus it seems it will be given but the problem is will it ever get a valid underwriter and will it IPO?????
I have held some like this before and been burned. I swore them off but then read about this one and was impressed but I wish I sold at 7. Seems that with nothing coming from the company that holders feel scammed. How could any viable company see it's stock price drop from a high of 7.06 to under a buck and not make some sort of announcement or have some PR? I really don't know but my confidence is shot with DDEQ at this point. I am holding and hoped to be proved wrong.



To: R. Balan who wrote (1111)10/20/1999 6:41:00 PM
From: CBurnett  Read Replies (1) | Respond to of 1143
 
The Market Makers know this stock is going to shoot up due to the upcoming events. Those events will happen. This stock is heavily manipulated due to the upcoming events and investor sentiment.
Market Makers can read most investors like a book. Most people sell when the price goes down and buy when the price goes up. This is no different than what happened when the price went to 7.00.The Market Makers are buying shares dirt cheap and waiting for the next round of buying frenzy..they will be glad to sell you shares they paid .50 for at 4.00.