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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Dean Dumont who wrote (5206)	4/23/1998 12:48:00 PM
From: David Bartkowski	Read Replies (2) of 19331

bgtit wrote: -"Mr Alton, if NFSC has an account in house and the holder of the stock wants to sell what he is going to do is sit on the offer. if the client tells broker limit the sell s to 1.56 then that is where the trader is going to sit. But if it is a market order and there is buying in the stock the trader will sit on the offer and short the stock and then turn the trade around and buy the stock back with the client who is selling and take them out at the " Market" bid price" - - bgtit, thanks I am learning so much from these discussions and things are really starting to make sense to me. But I do have a couple of questions about it. If this scenario is occurring (and I believe it is), NFSC would be handling the buying at the ASK. This occurred yesterday. But, here is the part I am unsure of. For NFSC to make their profit, they would then have to jump in and handle the shares being sold at the BID. Did this happen? I do not have the means to find out...wish I had TOL. Or, is it possible that they have a deal worked out to get the shares from another MM? What do you think? Am I right, or am I missing something. Thanks, DAVE

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