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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tan who wrote (3715)3/21/1998 2:15:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 19331
 
Sun,

My viewpoint on the demand for this stock being low (as reflected in the stock price), is that this is still a BB stock.

Yes, being on a bigger exchange would be a nice benefit. But.. this is being used as a crutch here. BB-OTC stocks go up and down every day. There are, especially on SI, a lot of savvy investors with large amounts of money who play these things (OTC issues) and have played them for a while. (when i say "play" I dont mean in and out traders.. there are many longer termed guys doing this--they buy and hold based on potential)

I have been in a stock since last November called FAMH.. it has gone up and down up and down and now up.. from .25 area to .60some area. And it will continue to go up in my opinion due to more and more demand as people discover it on a daily/weekly basis. It goes UP due to demand for the stock.

On the other hand, Ive seen "UNDERVALUED" stocks languish on the NASDAQ, AMEX, NASDAQ small cap exchanges for a long time. Some Ive tracked in an Excel spreadsheet for over a year waiting for them to finally BURST out.. , because they are good companies with increasing earnings. But many have just sat there for over a year; they just dont have the right PR or business savvy to get the word out about them. So they sit and languish in obscurity.

In summary, I agree being on NASDAQ or AMEX or whatnot would be an advantage .. but its a crutch to say we arent moving because we are on the OTC exchange. A Nasdaq listing isnt the holy grail.

But maybe in this upcoming newsletter we will hear an update about a listing.. I havent heard any discussion of it for quite a while on the thread.

Mark