Dime Bancorp Inc (fka DIMEQ)

[ScottC]

Few things.

1)Most accounts I have worked with tend to place orders at the open, once the two sided picture has been established and if they get filled during the day there isnt always someone there to pick up the slack so price drifts lower later in the day

2)We have become conditioned to always expect an explanation especially from the media as to a reason for a price move regarless of how small....words like "profit-taking" is just a euphenism for we dont really know why its moving and cant just say "more buyers than sellers". With a stock like DIMEQ it doesnt take much to push it up or down due to an order imbalance...I remember a few months ago there were 4 hedge funds who happened to finish their work on this at about the same time and all tried to get in at once and drove the price up 15 cents in a matter of days absent any news. Once they were all filled the price drifted back down about 10 cents. My point is with illiquid securities there often isnt any rhyme or reason to price movements so dont knock yourself out trying to find one.

Scott