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

To: Toni who wrote (4199)	3/31/1998 6:49:00 PM
From: JOE MEDSKER	Read Replies (2) \| Respond to of 19331

T, The 1st rule of investing in BB stocks is never forget that the MM's are kings and the investors are pawns. We are playing in their home ballpark with their bat and ball. The 2nd rule is the same as the 1st. The 3rd rule is not to forget the 1st and 2nd. It is not too difficult to manipulate the price of a BB stock. Its almost impossible to figure out exactly who is doing it and how. It doesn't always have to be a MM. For example some one with a large amount of shares say 250000 could put a sell order out for that many at $1.75. The MM's really don't want that many so they will keep the price below that for as long as possible. As the price continues to go nowhere more people get impatient and sell. The individual with the sell order quietly continues to load up on the cheap. I'm sure other posters could give you many other examples of manipulation. Remember, the MM's make their money on the spread not necessarily when the stock goes up or down. Best Regards