SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Juli who wrote (2804)2/12/1998 4:23:00 PM
From: James Harold Alton  Respond to of 19331
 
Juli, I'm glad for my own sake that this stock is not yet marginable, I was known a "Marginman" on another BB right after the Mexican meltdown. :) I have heard about the same technique you mentioned to soften up the price of a thinly traded stock before taking a position, I'll bet that if that has been tried recently on DCTC that the results were less than satisfactory with AGE jumping in now and then on the bid. :)

I also think that you are right about some small traders jumping aboard, hoping to make a quick buck on the news of the buyback and getting bored with the lack of movement so moving on to the next play. Some short termers I think that were caught have actually decided to stay aboard after seeing the larger picture so yes it is a mixed bag. If you figure it all out, be sure to explain it to me. :)

James