Some thoughts from an overweighted long (no intention to sell):
1. I have posted numerous times about the ITEL merger fiasco. I
still think this is DCI's only major mistake & (I believe) the market
saw it for what it was.
2. I'll defer to Colin's greater experience with trading halts , but
I tend to "go nuts" (so to speak) when COMMON SENSE & FAIRNESS does
not prevail. If the SEC is out to f*ck current shareholders to
"protect" potential future shareholders, then it still stands to
reason that they should clear DCI's name, or at least issue a followup of some sort. After all, how can a
"potential" shareholder properly perform all DD when a "cloud" remains over any info they might receive from the company Itself?
I intend to write elected officials about the "one sidedness" of SEC
actions. I won't include the company's name, but will let my feelings
be known in a vicious manner. However, if other posters believe this
is a bad idea, let me know.
3. I still believe we will not see stock appreciation w/out a sale of
the company or a full listing. I hope DCI's FAQ page can be updated
to address the impact of the suspension on the application process.
Is there now no chance, lengthy delay, does this affect AMEX application, etc? Can we apply with the NYSE after a couple of strong
qtrs to get out of this MM, NAZ mess?
4. IMO, DCI needs a press release. The resumption of trading is
insufficient to preserve our investment, given the outrageous manner
in which the SEC operates..................................V |
