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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Colin Cody who wrote (16351)5/15/1999 1:47:00 AM
From: James Harold Alton  Read Replies (1) of 19331
 
Colin, I assume this is what you were referring to in my earlier post when you asked "Monday? was this confirmed?

"Here's to
hoping that we are up an trading on the OTCBB on Monday...or at least sometime next
week!"

I thought that the word "hoping" pretty well spelled out that this had nothing to do with any confirmation?! I doubt that there are any LT holders that aren't also hoping for the same thing. I have already suggested a couple times that there could be delays in earlier notes and my guess is that we are more likely to not open as early as Monday on the OTCBB..but that's not going to keep me from hoping that we do. (GG) As to shorting when we open, I sort of doubt it. We closed at 2 x 2 1/8 I believe it was. Unless we open higher than we closed I don't see a real incenetive for shorts to jump us from those levels, too much risk vs. reward. My guess is that we already have a large short (at higher levels) and that those shorts will be loading up on any cheap shares that are available to cover with and thereby providing some support.

James

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