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


To: Bruce Hoyt who wrote (4863)4/14/1998 3:44:00 PM
From: James Harold Alton  Read Replies (1) | Respond to of 19331
 
Bruce, I could see an MM going along with a strategy of naked shorting a financially weak company that was in trouble. This isn't the case with DCI, in fact just the opposite. In addition I assume that a person or group wanting to conduct the type of extreme shorting you suggested would have to have tens of millions of dollars to put up, since I can't imagine an MM taking that sort of personal risk. Their exposure would be unimaginable, just imagine having shorted 40 million shares of DCTC and the company declaring a huge dividend for instance?? The way I see it, there is essentially an unlimited number of potential new investors that can come aboard to buy shares over time, and with what DCI has in house and on the table, that will be a continuing scenario IMO. Since I got into DCI a year ago, it's my understanding that the investor base has increased from about 1500, to now over 4,000. The potential buying pressure seems unlimited, the ability to short is going to limited in some way (the depth of the shorters pockets perhaps) so unless something fundamentally awful happens with DCI the end of this game appears sealed to me. The only unanswered question I see, is how high does the anty have to get before the shorter calls his hand?

James