DCTC - DCI Telecommunications Message Board

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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: steve phil who wrote (3439)	1/20/1998 3:08:00 PM
From: James Harold Alton	Read Replies (2) of 4489

Steve, I can only guess, but I doubt that the MM's actually own the bulk of the inventory they are selling right now so they are only making their $$ on volume and you can move more shares at a lower price or maybe this is the level where they are seeing a lot of buy orders. Once we get them down to the inventory that they actually own, then I think that we will see some real price movement. This action is not anything new, we had basically the same action coming out from under the Etrade mess at the end of last summer, but once we got through that overhead we ran up beyond the $4.50 range. It looks like more shares are involved this time and, but I have no idea exactly how many. My research has not turned up any evidence that the co. is selling shares into us and I have faith that management would not do anything to increase shares without adding value based on their track record so as has been the case in the past I think it's just a matter of time before we break out. I think that Colin probably has it right, that once we close above $2, we are probably in an uptrend..I know I'm sure ready. :) James

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