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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today
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To: WISDOM MILES who wrote (12299)12/8/1998 8:07:00 AM
From: Lucky  Read Replies (3) of 19331
 
Wisdom you must own 90% of the float by now assuming you actually bought every time you said you did.
Anyways here's my take on things.Many of the DCTC longs loaded up during the quiet period hoping for a nice pop when the big news was released.Well the news came and nobody noticed except for the current dctc longs who were already fully invested.Now that the news is out those extra holdings are being sold off until only a core long position is left by those willing to wait it out.This selling should be done within the next week.From there DCTC will likely drift between 2 and 3.50 for the next 4-6 months or until the next big news anticipation.
DCTC admitted to firing their biggest shot in the companies history yesterday.Unfortunately the fact remains DCTC is still a BB company and will not be noticed by serious investors until it gets off this exchange.That is the reality of the BB market.
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