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: LT who wrote (4160)3/31/1998 8:31:00 AM
From: JOE MEDSKER  Read Replies (3) | Respond to of 19331
 
<<<<I'm sure not happy with the current price but the tape sure looks like someone is buying or else I need to go back to tape skool again.>>>>

LT,
I read the tape the same way. Imo the buyer has been in there for the last several trading days possibly longer. I don't very often use the word manipulate because in most cases its just an excuse. However, one of my sources on Wall Street told me last night he has reason to believe someone is deliberately holding the price down so it can be accumulated. Please keep in mind this was just his analysis. If we continue to see more days like yesterday where it was quite obvious there were more hits at the ask than at the bid with no upward movement in the price, then I will have to agree with him.

Best Regards