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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: hoopsville who wrote (10965)11/13/1998 3:08:00 PM
From: JOE MEDSKER  Read Replies (3) of 19331
 
TC
<<<<Anyone---what do you make of the fact that today the heaviest volume occurred during the noon hour(EST)?>>>>

There could have been a number of reasons but IMO the price about that time could have hit a point that triggered some short covering. Some of the small mom and pop shorters out there probably are throwing in the towel to fight another day. However we still have the big one or two short positions that will do everything they can to keep us under $3.00. Keep in mind that once we all started calling in our certificates the squeeze began. I know we have caused two firms to call their MM's requesting delivery because we have called in more shares from them than what was in their account. As of a few minutes ago I have received confirmations on 2,828,908 shares being put into certificate form. Please believe me when I say this program is working. I have heard from several sources that the market makers are calling a number of the firms looking for shares. Beware of phone calls from your broker that start off like this, our analyst covering DCI has just put out a sell recommendation on DCI and we think you should follow his advise. Number 1, no firm in the country has an analyst following DCI. (That should change in the next several weeks) Number 2, the only reason you received the call in the first place is that the MM's are now offering incentives to firms to give them much needed shares. I am urging all of you to support our program. If you do we can break the short position that has been holding us down. At that point we can start trading like a normal listed stock.

Best Regards
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