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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: James Harold Alton who wrote (9787)10/26/1998 6:21:00 PM
From: Bruce Galpeer  Read Replies (2) of 19331
 
This is a question that I cannot answer. I have watched FAHN do this since the run started. They sell heavy in the morning, then move off. If the buying is very heavy then they tend to move up on little volume until the buying dries up. Once the early heavy trading is done they tend to move back to the ask and walk the price down at any opportunity. Every single day at the last 10 minutes they hit fast and hard driving the price back off of wherever it is. I have no idea as to what strategy they are using or why, very confusing mm. Unless, they are shorting the stock trying to hold it down for reasons only they know. Them and NAIB seem to use this hit and run tactic throughout the day every day. When the news starts coming we shall see how they play then. I am happy with the movement of the stock at 5 to 10 cents a day on the bid. Later...

Bruce
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