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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Bruce Hoyt who wrote (4877)4/15/1998 7:18:00 AM
From: Dean Dumont   of 19331
 
Ok, bgtit was suppose to be BOUGHT IT abbreviated. After seeing it for the first time many moons ago, I even had to laugh after seeing how it looked. But, hey why change something that makes you laugh. And it is easy for me to pick out of a crowd.
As for the market makers, I have had my battles with them before and know how they all operate. As I stated in an earlier post(yesterday) how can you sell something you do not own? How can you punch up on the box and show an offer with out having any inventory or the order flow to do so? One of the tactics these boys use is kind of insulting to many followers. A new market maker will come on and only post an OFFER. No bid at all. It is to say I am here to only short your deal or they legitamately have selling. I have never seen a market maker and the word legit run in the same sentence before, well until now and I am sure it will be a MYLANTA afternoon for me in saying that. Other little games these guys will play is not so nice. One MM will act as a bid and the other as an offer and trade between themselves. This is not legal and the NASD or the S.E.C. would have to launch an informal investigation to see if it happening. If you all have seen the box yesterday you would have noticed WEIN on the offer from 1.50 to 1.40 to 1 3/8. as well as SHRP. Do they have shares to sell and why are they consistantly on the offer. Today you will more than likely see them on the bid sometime this morning(LOOKIN' FOR PAPER) In closing, today looks to be another good volume day, lets just see how many trades go off at the close as we have all seen in the last 5 trading days . It is a good indication to me as to how long have they held those day order(market) trades.
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