Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: De Peepster who wrote (6414)	6/27/1998 10:30:00 AM
From: James Harold Alton	Read Replies (1) \| Respond to of 19331

Peepster, Just to get this straight here, you believe that our stock price is down this week because people that were willing to buy shares, put orders in below the market???? Our problem is that we have more shares for sale than we have buyers currently, and obviously the owners of those shares are willing to take quite low prices for those shares. In this case, it is the SELLER, not the buyer that has control and determines how far the price of our stock drops. So long as our seller is willing to drop his price, the MM's will just continue to take in stock and drop the price period. ANY buyers along the way REDUCE the amount our stock will fall. What has to be done to stabilize our price, is to soak up the shares being sold and it's simple math that when the price drops, more shares can be purchased for the same $$. It is a certain number of SHARES that have got to be purchased, not how much we have to pay for them that will swing the supply/demand of our shares in our favor. This is exactly the reason that the $2 support level is being lowered temporarily to soak up these excess shares. I hope that all DCI shareholders, will buy ALL of their shares as cheaply as the market allows. The more SHARES that each of us can take out of the market and hold the better the supply/demand equation works for our share price. Our stock ought to be trading a multiples of where we are now based on every valuation method I have applied to it, but it's the market pressures that are going to determine our actual price. James

To: De Peepster who wrote (6414)	6/27/1998 11:58:00 AM
From: Steve1	Read Replies (1) \| Respond to of 19331

As some of you know, I have realtime running all day. Alot of the down-ticks were for 100-300 blocks. Granted we had a number of 1000-2000 sells but the small ones caused the real damage. The possibility exists,in my mind at least, that there isn't much free floating stock at this point. If the coming shareholders meeting is as good as most of us think it will be for news, then it's just possible that some of the market makers might want to have some invenorty to cover the sales. As always the above is JMO. Steve