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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Marvin Mansky who wrote (608)10/1/1997 1:12:00 PM
From: Colin Cody   of 19331
 
Marvin, Good trading?? depends on lots af factors. One of the most important is the SIZE of your interest in the stock..
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Probably for most small investors like we have in DCI, trades of 500 shares to 5,000 shares are the norm. I'd generally like to use a LIMIT ORDER for no more than 5,000 shares with this stock.
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Placing a limit BETWEEN the Bid Ask and between the hours of 10am and 1pm can allow the order to be "worked" and perhaps even matched during the day.
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Sometimes in the final hour of the day, and particularly in the final 10 minutes you might see the stock move quickly one way or the other. If you are "there" this can be an opportune time to trade as well.
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Colin
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