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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bob Smith who wrote (4396)4/3/1998 2:25:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
Bob, Thanks for the comments, however I can assure you that my "technical knowledge" is pretty limited at this time. I am however trying to better understand the behaviour of DCTC and since the DD I have done in fundamentals of this stock seem to be in direct opposition to it's current price so I am looking for other reasons to explain our recent price action. (and others opinions, which is why I have been discussing this on the BB) Also, in case others could be getting the wrong impression, I am not looking to trade DCTC as I do not want to wish missing the end game...which could pretty much happen without notice from what I have heard.

As to your question about the 25K sell, I sort of doubt this could have been an overhanging sell because the bid on the TL went to $1.50 just before that block went off at 1.468. If we had seen the bid move up to $1.50 right after the 25K block went off, then it possibly could have been. That block could have been a transfer of stock from one MM to another. It almost looks to me like if there was an overhanging sell, that for the time being it's been removed.

James
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