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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Eric G. Erpenbeck who wrote (6611)7/7/1998 9:19:00 PM
From: JOE MEDSKER  Read Replies (2) of 19331
 
<<<<Why are their no buyers because of the all the things described above..... Almost like a vicious cycle>>>>

EGE,

A point to keep in mind about not having any buyers is this, I believe we have a lot of money sitting out there ready to come in on any dip. Look at the trading log after the bid hit $1.45. Everybody on this thread knows we have a couple of big sellers and we are all aware of the fact the MM's will walk us down on any large blocks and even small blocks. As I stated last week, let the sellers dump their shares and get it over with, why stand in front of a moving train. There was one group of people connected to DCI that made a lot of money today and it was the MM's. They thrive on volatility. When you look at the big picture, most of the uproar today was created by one trade worth $50,000. In the scope of things that is really not a lot of money. A 37000 share block could have come from any one of a number of people but what difference does it make. The way I figure it, if you divide the number of shares by the number of shareholders it comes to an average of 73900 shares per shareholder. Someone posted earlier this evening they would like to know why people are selling. How about they just want the cash. Why did people sell Microsoft years ago at $4.00 a share before all of the splits? Did they do it because they believed Bill Gates did not have any integrity, I doubt it. As I just posted, I believe we have a lot of buyers, they are just waiting for an opportunity like today. Folks, I don't know to say this any plainer but I firmly believe Joe has rounded third and on his way to home plate. And, I don't believe he will have to slide either.

Best Regards

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