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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: DENNIS TULLY who wrote (7989)8/26/1998 4:00:00 PM
From: Colin Cody  Read Replies (4) of 19331
 
Buying? To tape readers... I was on with a sizable $1.34 BID this afternoon for about 60 or 90 minutes or so. No nibbles. Then they LOWERED the Bid from $1.34 to $1.31 and there seemed to be trading at the Ask of $1.37.
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So in the face of this, and being the end of the day, at about 3:40pm I pulled my offer to buy. Next thing I see now with my offer at $1.34 gone some volume comes in happy to accept $1.31 a share, Bid, and they lower the ASK to $1.34!

Fully 1/3rd of the days "volume" was printed after I pulled my bid, in the last 20 minutes of the day. What gives? When I was there, no one wanted to sell to me. Now they are holding a fire sale in the final minutes of the day!!

Colin
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