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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: JOE MEDSKER who wrote (9173)10/10/1998 10:48:00 PM
From: James Harold Alton  Read Replies (1) of 19331
 
Joe, I think that you are right, the MM's were not expecting the late afternoon buying. I also think that they have been expecting to see panic selling as they have dropped the price ever lower, perhaps it is because this has not happened that they have dropped us as low as they have? After all, if there was a big sell off and the MM's got covered, then the incenitive to continue to drop us would be eliminated at that point. I really hope that we have multiple MM's with short positions out there. The MM's might work together in dropping the price for a common cause, but if one MM gets nervous about getting covered and starts pushing the bid looking for shares..it could get interesting quick. (G)

James
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