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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?

To: Cola Can who wrote (4332)6/4/1999 8:12:00 AM
From: J Walter Jacobs  Respond to of 6957
 
Assuming that the 14 million short position is accurate( it's probably more now) they would need to short another 14M in the dollar range in order to cover at about.59 and break even. That would require capitol of about 16M. They are probably already in the hole more than 2.5M. Any way you look at this the MM's are still in deep sh*t.


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