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: Brian who wrote (4410)4/3/1998 3:58:00 PM
From: James Harold Alton  Respond to of 19331
 
Brian, The TL is showing continued buying with only a couple small sells. One thing that is important to understand that often gets missed is that MM's make their $$ on the spread and volume. Hence if they want to move to the level where the orders are. One thing I will be watching for, is because we had accumulation for several days in a row, it's possible that we still have some MM's that are short. If this is the case, they will want to try and drop the price hard on a quiet day to try and scare out cheap shares to cover with. If this does not work for them, and the stock only rises then they will eventually have to replace those shorted shares with higher priced ones and will actually add to the buying. I am hoping that if more shareholders understand some of these types of tactics used by the MM's that there won't be as many panic sells due to MM manipulated price drop. GB I believe was the one that coined this technique the "shake and bake" and it's unfortunately pretty common.

James