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


To: george eberting who wrote (3730)3/21/1998 8:08:00 PM
From: george eberting  Read Replies (2) | Respond to of 19331
 


<<<<< there is one other piece of intel we picked up and that is when we did a record
breaking volume in January(3.8 million shares per Nasdaq)
---a group who brought us an acquisition --was professionally buying
ahead of it----when we shot the acquisition down they unprofessionally sold out
in late
February and early March---just
another piece of intel----not a complete answer
>>>>>

Is there any way we (you guys) can go back through the old trading logs and figure out
approximately how many shares that group may have purchased in January? If we can
come up with an estimate for that, then combine it with what we believe CC sellers
have been
dumping, we may be able to figure out approximately when the
pressure will come to an end. Any thoughts on this? The fact that there was another
group besides the CC people would go a long way toward explaining what has been
going on. In particular, it would certainly explain why they have no interest in staying invested in DCTC in spite of what we perceive to be an excellent opportunity. It would also explain why the pressure always seems to come at about $2.00. That probably has something to do with their cost basis, or it is a predetermined minimum price at which they are willing to unload. All of a sudden, it can all make sense. The sellers have a completely different mind-set than the usual investors. Their selling has only to do with their desire to recover their investment kitty. They don't want to stick around and take a chance on a later run up on DCTC. They want to take the money and go do deals some place else.
EUREKA!! Lordy, lordy, I have seen the light! George E.