SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce Hoyt who wrote (4769)4/11/1998 11:43:00 PM
From: David Bartkowski  Read Replies (2) of 19331
 
Bruce, I am no expert on EUTO, but I am a little familiar with the short squeeze that was taking place. You probably know better than me, but I think it is a different case than DCI. With EUTO, it was the MM that were shorting and the shareholders fighting back with a short squeeze by calling in their certificates. Now with DCI, it is actual individual shareholders that are shorting illegally! The brokerage houses and MM are not going to sit around and wait for this individual to cover, they will force him (or her)!

Also, if I would have to believe that if brokers/MM and others saw a large short position coming into play, they also would start shorting themselves (disclaimer - pure speculation) to pick up some profits on the way down. If this is true, our short position might be a lot larger than this one or two individuals that were found.

This being the case...we are going to have a very exciting week!! As WD said "you can take that to the bank" ->lets hope so!!

DAVE
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext