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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: WISDOM MILES who wrote (9410)10/19/1998 10:07:00 AM
From: Colin Cody   of 19331
 
Wisdom, your premise: <i?in WALL STREET, every share shorted has to [eventually] be bought by SHORTERS , SO THE SHORT POSITION in this stock now will be a big plus in A VERY NEAR FUTURE.
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Given your statement, that does not contradict anything I've said. What I said is someone is selling big or even shorting. They have no long-term positive outlook for this stock. They may be even funding their own business venture with the proceeds for all I know. That said, my advise is, in a nutshell, why should I pay them $1 a share, when I can pay less?
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Then you make the statement: YOU ARE SUGGESTING shorters SELL short LIKE PRINTING TOILET PAPER, MAN, YOU are wrong!!!! if you can't borrow shares, you can't sell short. tell us did you successfully borrow shares anytime????? Here I see that you are not familiar with the stock market enough to know. To borrow shares they need to be in the system (Street Name) held in a margin account. U.S. OTC-BB stocks like DCTC are, by definition, not held in margin accounts nor are they borrowable.
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Colin

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