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Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: Bernhard Michaelis who wrote (3844)11/24/1998 10:54:00 PM
From: nick nelson  Read Replies (1) | Respond to of 4679
 
DIMD stock price is being moderated by MM' - Why?

fast.quote.com

This is a very unusual chart pattern.... the market makers seem to be
totally in control of the price ranges in which they will allow DIMD
to move. MM's opened this stock UP at 6 7/16, 1 million plus shares
trade, and the stock goes nowhere?
Or is it just astute day-traders ready to jump if the MM's get out of line... <G>

There is a great deal of selling pressure, doesn't seem to be shorts,
holding this stock back - why? Is it just MM's trading amongst themselves?

Any observations or comments?

nick



To: Bernhard Michaelis who wrote (3844)11/25/1998 10:36:00 AM
From: Tae Spam Kim  Read Replies (2) | Respond to of 4679
 
Well Folks I just got my Diamond Rio this MORNING! YEAH!!!!!

I will post my thoughts later on tonight!

-Tae Kim