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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: Ed Pettee who wrote (9198)10/12/1998 3:44:00 PM
From: JOE MEDSKER  Read Replies (1) of 19331
 
EP,
The market makers do not want the price to go up and they have their reasons. I was able to find out that a number of trades at the bid were just the MM's moving shares among themselves. I know of one group that purchased over 100,000 through out the day. I would expect the MM's to continue painting the tape in the last half hour to walk us back down. You know something weird is going on when you have solid buying for several hours and only one MM at the bid during that time

Best Regards
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