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


To: James Harold Alton who wrote (5143)4/20/1998 7:11:00 PM
From: JOE MEDSKER  Read Replies (1) | Respond to of 19331
 
JHA,

At this point I don't believe any MM is presently shorting. My sources tell me they see no shares being loaned this past week. IMO we will not see any large number of shares coming from Canada in the near future. The only question is how the two brokers for Mr. X will handle their situation. What ever they do can not hurt the stock. They may require Mr. X to repurchase, that is the best scenario, but IMO not likely to happen in the near future. From looking at the trading log, I would have to say the supply got real tight this afternoon. If we could see some strong buying tomorrow we could have one of the best up days we have seen in a long time. We do have to keep in mind that the MM's could be setting us up but we should know for sure tomorrow. IMO there is money on the sidelines ready to come in, they just want to make sure they are buying in a legit market.

Best Regards