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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Grantcw who wrote (9094)10/7/1998 8:11:00 PM
From: JOE MEDSKER  Read Replies (2) of 19331
 
GC,
<<<<...Wondering why on earth I defy all my rules of trading and hold a stock setting new lows >>>>

I don't know if you have checked the new highs and lows in the paper recently but we are not alone. Thousands of stocks are being shorted down to lows they haven't seen for years. We are just being caught in the down draft. There may be a dim light at the end of the tunnel and that is, our short is a naked illegal short. I just don't know if we are important enough for the NASD/SEC to do anything about it. We are all breaking the rules but where else can you get a $10.00 stock (wait till you see the revenues for the current quarter)for $0.80? We have been manipulated by market makers for some time now but we will have our day in the sun.

Best Regards
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