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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (2456)1/24/1998 11:31:00 AM
From: Ken Salaets  Read Replies (1) of 19331
 
When Joe tacitly announced $5 to be his near-term target price, I finally got a real sense of where he wanted to take us. It became more tangible, so to speak. THAT was when I began unloading other stock to add to my position. Wave III is the key and will establish a price trend, IMO. Clearly, we are drawing more attention, as there have been quite a few new posters of late. I suspect that a considerable part of that group are short-termers, which of course will create a crosswind as we strive to climb out of the near-2 range.

If Wave III does indeed "surprise" us, then the short-term interest won't have much of an effect on our momentum. However, if there isn't a dramatic jump in price, then we should anticipate a less-than-smooth rise through 3 and above. Again, IMO.

Good weekend to all. Or at least try. gggg

Ken
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