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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: WISDOM MILES who wrote (16277)5/12/1999 12:36:00 PM
From: Dorine Essey  Read Replies (1) of 19331
 
By: Todd_M
Reply To: 976 by Kknightmcc Wednesday, 12 May 1999 at 7:57 AM EDT
Post # of 977


Is it possible we may lose some of our MM's from all of this? Why would they NOT "sign up in time", if DCTC has provided them with all the information required by the SEC? Is there a financial incentive for them to "sign their forms" or are there any potential negative ramifications of them NOT signing their forms? In the end, this is all about money no matter how you cut it...

What would the SEC say if no market maker signed the form? How would they protect the investor in this situation?

The rule says that MM's are not permitted to quote if they believe any manipulation is going on. Does anyone know of ANY stock where the MM's have blown a whistle because of suspected manipulation? It seems to me the fact that they have to short in order to maintain liquidity is a form of manipulation so what does this rule mean?

I'm still full of questions...


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