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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bruce Galpeer who wrote (400)9/10/1997 11:45:00 PM
From: James Harold Alton   of 19331
 
Bruce, I think that the trading we had today was healthy (though mostly MM driven) and agree with Brad that we have probably cleared out some short termers that represented resistence to us moving on up through the 2.25 area. The MM's were probably looking at a bunch of sell orders in the $2.00-2.125 range and moved us up to clean em out, after all they make their $$ whatever the price is, they just want to do volume. With those sell orders out of the way, I would think that it would not take much buying to get us right back to the 2.25 area.

James
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