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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: LT who wrote (6762)7/14/1998 11:16:00 PM
From: JOE MEDSKER  Read Replies (1) of 19331
 
Lou,
We have had a short position before and I don't remember it benefiting the price in anyway. It was sometime back when the transfer agent returned about 500,000 shares that came down from Canada. The seller was able to cover without creating any upward pressure on the stock price. Why would there be an order to sell at no higher than $1.75.

Best Regards
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