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


To: JOE MEDSKER who wrote (4209)4/1/1998 12:20:00 AM
From: James Harold Alton  Respond to of 19331
 
Joe, Using this hypothetical situation where we have a large sell order placed by someone wanting to hold down the price while accumulating. I was just curious as to your opinions on how the MM's
can deal with a situation where there is an extended period of little selling and because of the low price also a fair amount of retail buying + the accumulator's buying to contend with? Would a MM in your opinion risk going short, so in effect "preselling" a portion of the overhanging sell with the intent of taking out the large sell order? Or asked another way, what in your opinion are likely scenarios for ending such a "stalemate" ?

James



To: JOE MEDSKER who wrote (4209)4/1/1998 4:26:00 PM
From: Toni  Respond to of 19331
 
Hi Joe,
Thanks for the education on bb stocks. Geeze I think we should just get hold of that ball & bat and make some of our own rules.<g> With the buying that has been going on, I do not think they will be able to hold the price down too much longer. (I hope) Thanks again,
Toni