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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (9175)10/10/1998 11:11:00 PM
From: JOE MEDSKER  Read Replies (2) of 19331
 
JHA,
<<<<I really hope that we have multiple MM's with short positions out there.>>>>

From the research that I just finished concerning the one clearing house that is short 400,000 I know they have loaned the shares to at least two market makers and more than likely it was three. I really believe the buying Friday afternoon spooked one or two of them. If we can maintain the steady buying every day IMO the short selling will stop. After awhile they will not be willing to take the chance that they may be wrong. They did not believe just how loyal most DCI share holders are. I don't know if you have ever been involved in a short squeeze but they have the potential to generate big gains in a stock price. With Joe Murphy meeting with the NASD and the enforcement division of the SEC next week, DCI will more than likely be moving up in the near future.

Best Regards

Joe
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