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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: JOE MEDSKER who wrote (5196)4/22/1998 5:40:00 PM
From: Dean Dumont   of 19331
 
Mr. M,

What I mean by that is that NFSC may have stock in house and whom ever the shareholders are maybe wanting to sell there shares at market. Instead of doing that and disrupting the market they will short the market with buying activity then go to whom ever it is that is selling and do the trade at the bid. Thusly taking out the client and making .031 cents per share for themselves.
IE: Joe Shareholder has an account with NFSC and holds 100,000 shares. Market is 1.53 and the offer is 1.56. NFSC will go sit on the OFFER and short trades as Joe Shareholder wants to sell at the market. NFSC will sell as many shares as he has as long as the buying is there and short the stock into the buying. As he does that at 1.56 he is then filling the client by buying the shares from the client thusly making .031 cents pershare and taking the that stock to cover his position.
That is what I mean
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