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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: JOE MEDSKER who wrote (6006)5/26/1998 8:51:00 AM
From: Dean Dumont   of 19331
 
Joe, the CC didn't do any damage. it could have but, there was enough support to keep that "Damage" to a minimum if at all. The pressure you call it is legitmate selling and let it happen. That stock goes into long term, strong hands who do believe that DCTC is about $1.00 under valued right now. That is prior to the Edge acquisition, and of course the LOCOS deal. I still say that the minimum is $2.5/8 to start the logical push to $5.00 or better. Resistance, well we all know where that will be. Even if the mysterious selling from NITE does stop for awhile, the numbers speak for them self. as for a 50% increase from $1.31 is not where the support really started. That price was the $1.50 to 1 5/8 range. if all situations were perfect and the mysterious selling would stop, and we cannot blame all the selling on the CC holders, we'd probably have no resistance to 2 5/8. Support is there lets get it there.
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