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


To: Colin Cody who wrote (4793)4/12/1998 10:40:00 AM
From: george eberting  Read Replies (2) | Respond to of 19331
 
<<<<Bruce Opinion... When the short is forced to cover we could see a fast rise as word
hits the streets that between 600k and 700k must be covered in such a thin stock.
The only time the stock has not been thin was when shares were being floated in
from CC shareholders or the short.
.
Will they need to cover by open market purchases? Or are there enough outstanding
legend shares and purchase options in their hands to simply wait it out and cover by
presenting these shares, when available?
I'm not suggesting they can...I'm really just inquiring...
>>>

I hope you folks aren't too disappointed if things don't develop quite as you hope.

First: Just because the shorter(s) may have been found out doesn't mean they can be forced to cover right away.

Second: Why would they continue to short for days and days if they knew that the WP deal was dead and that there would be no help from that quarter?

Second, there has been selling (not just shorting) for months. What makes you suppose that it will not continue? There are very large shareholders out there who do not like the company they are in and they want OUT. They don't like the people involved. They don't like the twisted history of the Company. They don't like the weak plan for the future. You can dream all you want folks, but I just don't share your vision. I belive the sellers will continue to be with us.
George E.