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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Dean Dumont who wrote (4870)4/14/1998 9:38:00 PM
From: Eric G. Erpenbeck  Read Replies (2) of 19331
 
Interesting Trading Logs!!!

I had to pick up more shares today... Bought 7600 shares at 1.375 to average down...... It is obvious that DCTC is in a far better position today then they have ever been and yet we are seeing the stock price approach the 52 week low on big volume and lots of interesting news...

It seems to me that to buy on the 52 week lows when a company is doing better as defined by the balance sheet makes good investment sense. Especially when DCTC is in a hot investment sector. I think the earnings will be out in Mid May and should prove to be interesting... We have all had to suffer through some significant decrease in our share value and remain calm, but it is obvious DCTC is expanding and becoming more synchronized. It has not been clear to me why anyone would sell shares now.... Many investors bought the stock when the price was above $2 a share and I can't believe they would be selling on significant news without profit..... Not even short termers do that! This is why I believe something very odd may really be going on!!!! I still feel lucky to have picked up a bunch more at these prices and I would be surprised to see this trend remain for toooooo much longer.

I am not chearleading, nor do I have any motives other than to understand what is going on with this stock but something very strange has to be going on. It almost seems like continued dilution is occurring?? Should be interesting and hopefully the stock has a bottom somewhere??

It would be interesting to know what DCTC believes is causing the stock price to go down. Is this shorting theory many of you are speaking about been confirmed with the company? If so who? How much of it is factual that can be verified someway versus investor speculation?

It would also be nice to know how long it generally takes from the time an Letter Of Intent was signed to arrive at completed deals. Maybe some investors want to see many of these deals signed and approved before risking their hard earned dollars.

Does anyone know why Joe Murphy has stopped posting on SI?
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