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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Colin Cody who wrote (7991)8/26/1998 4:09:00 PM
From: george eberting  Read Replies (1) of 19331
 
I wish I could be optimistic about these current prices. I've convinced myself that we will see $1.25 very soon, however. The seller(s) are simply doing what is called "working the demand curve."
They sold as many shares as they could at $2.00, then moved to $1.50 for a few days. They sold everything they could at that level and I believe they are now looking to the next stop at $1.25. As long as they can sell shares at a price greater than their cost they will continue to periodically drop their asking price. I hope I'm wrong, but this theory makes a lot more sense to me than anything else that has been put forth here. George E.
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