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Microcap & Penny Stocks : DCTC - DCI Telecommunications

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To: josrph j murphy who wrote (3675)7/28/1998 11:10:00 PM
From: Colin Cody  Read Replies (3) of 4489
 
Joe, As you said, to be listed the stock price needs to be quite a bit higher!
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I think that the necessary buying has started:
Message 5079433
and we now are facing THE resistance area of $2 5/16ths to 2 1/2 that has haunted us for too long.
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It was noticeable that the stock touched 2 5/16ths (again) more than once today, but never got thru it. If the remaining days this week see more buying and the ASK gets thru $2.50, I think we are on our way!
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Next resistance point after a trade thru $2.50 is a pop to $3.25 followed, IMO, by points at $4.00, $4.50 and $5.00.
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If the stock powers on thru these levels, IMO, we will be at a respectable enough level to re-open listing requirements, per your post earlier this year.
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Have a good trip to Florida for the stockholder's annual meeting, and know that you have earned the support of many of your shareholders!
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Colin
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