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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (3701)3/21/1998 10:31:00 AM
From: Juli  Read Replies (2) of 19331
 
James, thanks for your post and your argument certainly is logical. I , too have sold a stock that I liked and felt would appreciate in favor of one that I felt would appreciate more. In fact, I have sold quite a few stocks to buy DCTC. Even though I have owned DCTC for at least two years, most of my investment has been in the last six months as I came to see that the plan was being executed and to believe in the honesty and integrity of the management. I personally believe that the price of the stock is not going up because it is not going up. That sounds silly, but, with the shares being sold not being offset by new money, the price is stuck. I think most of the buying in recent months has been by those of us who are long term holders adding to our positions. We, along with the buyback, have just barely been able to offset the selling. I do feel that the buyback has kept the price from dropping more. Selfishly, I would just as soon it dropped a little more since I have been buying a lot. When the selling is gone and we have a catalyst that bumps the price out of the rut, I believe it will take off like a rocket. That is why I keep buying and not waiting for the move to begin. Most people wait until they are sure the move is underway. I believe there are a lot of people out there watching for this. My advice is to be alert because I don't think there will be much time to act.
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