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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: JOE MEDSKER who wrote (12208)12/7/1998 11:59:00 AM
From: Bruce Galpeer  Read Replies (2) of 19331
 
Joe,
Our stock reacts to news the way our shorts want it to react and pretty much no way else. So far NAIB and FAHN have made appearences at lower and lower levels to stop any rallys that we see. If they can succeed in making the news look bad by showing a falling price then they achieve their goal for the day. But I would say that the risk they are taking is a big one as all it would take to break them is a LOI from someone to buy DCI. We are also seeing the inevitable selloff of buy on rumor and sell on news syndrome. Couple these pieces together and we get the drop in price that we are seeing.

Does that mean that there are no buyers out there? Not in any way shape or form. There is plenty of buying happening but the apperance must be made to show weakness and not strength. I personnally know of at least 10k that has been purchesed at varying price levels today from people who believe in DCI and were just waiting to see if they would get a chance to get more at lower levels. This may take a day or two to shake out and then I expect to see DCI move to higher levels once again.

LONG AND STRONG!!! GO DCTC!!!!

Bruce
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