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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (9136)10/10/1998 5:29:00 PM
From: JOE MEDSKER  Read Replies (1) of 19331
 
JHA,
<<<<I say, let the shorters take us as low as they want and what will happen IMO is that the ones that believe in this stock will OWN the float..then let the rascals try and cover. (G) Joe Murphy once said on this BB, that he would "burn the shorts", I believe he just might get a really good chance to make good on that one.. we shall see.>>>>

It will be very interesting to see just how much longer the short sellers will continue their stupidity. Joe realizes how important it is that the F-series never becomes official, that is why he has addressed the issue on the web site. IMO we probably will see it addressed again in one of the future press releases. Until we see for sure just how many shares are held at Fidelity we won't know if the F-Series is a problem or not. Since at the moment I can only confirm an actual short of 400,000 shares, this could be some of the CC people selling in anticipation of receiving (and having the legends removed) the certificates from exercised options. Joe has stated emphatically that Whittman Breed has done and will use every legal means possible to prevent the lifting of the legends. This was the main reason for changing transfer agents. As of a month ago Joe has taken on a new purpose in life, (BURN THE SHORTERS). What has upset him and all of us is just when we were getting to the end of CC selling the MM's started manipulating the price to make their short position look profitable on their books. At least the CC people sold legitimate shares, the MM's are shorting illegally and will have to cover some time soon. For every share we buy at $0.75 it is one share they won't get.

Best Regards
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