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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (1440)4/30/1998 5:51:00 PM
From: TraderGreg  Respond to of 25711
 
Joe--To paraphrase Mark Twain to adapt to this:

"A diamond mine is a hole or a tunnel with a liar at the opening."

Eh, Joe. ROFLMAO

TG



To: Joe Copia who wrote (1440)4/30/1998 5:56:00 PM
From: Bucky Katt  Read Replies (1) | Respond to of 25711
 
JC--I agree. What the world does not need is another Canadian diamond play. I wonder if it trades on the Alberta exchange also?



To: Joe Copia who wrote (1440)5/1/1998 10:46:00 AM
From: Wayne Rumball  Respond to of 25711
 
TORONTO--(BUSINESS WIRE)--April 15, 1998--ALPHA DIAMOND
CORPORATION (OTC BB:ALDM - news), a Nevada Company

PE, 2 strikes on this one. First its a canadian company, Second its a Nevada company.
----

CEO says someone is shorting this stock and causing it to be undervalued. Dividend is to be declared for shareholders as of May 1.

My question is, if the MM's are shorting this and there are 900,000
shareholders for the 600,000 float, who is responsible for the the dividend and/or who are the real shareholders?

Or do MM's need to cover their short by the end of today?

It took 1/2 an hour for me to get a fill this morning at market